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This result is called Marketspace, which means A Market place extended
beyond traditional boundaries and removed from a temporal and
From a Customer point of view, Ubiquity reduces transaction costs
i .e. the cost of participating in a market.
.e. E - COMMERCE: DIGITAL MARKET AND DIGITAL GOODS
WHY e-COMMERCE IS DIFFERENT GOBAL RESEARCH
E-commerce permits commercial transactions to cross cultural and
national boundaries far more convenient and cost effective than is true
in traditional commerce.
in UNIVERSAL STANDARDS
The technical standards of Internet and therefore the technical standards
for conducting e-commerce are universal standards.
The universal technical standards of Internet and e-commerce greatly
lower the market entry costs, which is the cost that merchants must pay
simply to bring their goods to market.
Universal standards also reduce search costs (the effort to find suitable
products) for consumers. E - COMMERCE: DIGITAL MARKET AND DIGITAL GOODS
RICHNESS Information Richness referees to the complexity and content of a mess...
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This note was uploaded on 08/12/2011 for the course ITEC 421 taught by Professor Huseyingursev during the Spring '11 term at Eastern Mediterranean University.
- Spring '11