E-Commerce Critique Business Structure and Model Essay

E-Commerce Critique Business Structure and Model - Essay Example In this essay, the author will look into the benefits and risk of e-commerce, the types of legislation that have been introduced to protect the consumer and business alike. E-commerce is the easiest, most convenient way of conducting business over the internet for business professionals and individuals. Conducting business over the internet is simply visiting specific websites, also referred to as surfing the web, for online shopping or business related matters. E-commerce is defined as any kind of transaction performed over the internet where there is an exchange of money for goods or services. A transaction like that is paid for through the use of a credit card. E-commerce occurs when individuals use the internet by visiting websites for online shopping of goods or services. It also occurs when business professionals surf the web to conduct business with other business professionals. There is a close analogy between a website that sells woman’s clothing and a store at the ma ll that also sells woman’s clothing, here referred to as an online store. One of the differences between a retail store and an online store is that while the store has limited hours of operation, an online store is open twenty-four hours a day and seven days a week. Finally, one other difference between a retail store and an online store is that a retail store offers a shopper more options of payment while an online store requires a payment by a credit card only. Download this essay and you will get your A+.