International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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TECHNOLOGY DEVELOPMENT AND E BUSINESS (E COMMERCE)

    1 Author(s):  DR.DEEPALI K.MANKAR

Vol -  11, Issue- 3 ,         Page(s) : 19 - 22  (2020 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

After several years of growth, ecommerce has become mainstream and matured. However, the new challenges require that tomorrow’s ecommerce system move beyond the basic functions such as a static website with electronic catalog and/or a shopping cart towards an intelligent, dynamic, and secure commerce system. Businesses are expecting to streamline their business processes and have an efficient information system so that they can share information and maximize business investments and opportunities. This research project attempts to explore the emerging technologies that can solve these issues such as systems integration and information sharing. Specifically, the nascent technologies introduced include application services, web services, grid computing and their combinations. E-Commerce has experienced significant development in the country as a result of increased availability of broadband access and low-priced data bundles offered by mobile operators in the country. The coming of new technologies has further decrease the widening gap between the retailer and the customer and in few years to come e-shopping will eventually take the place of the traditional shopping. This paper explores the impact of Information Technology and its application in the rapid growth of e-commerce in the country. It also discusses the impact and consequences of marketing goods and services online. This paper helps to understand more about E-commerce and what E-commerce has to offer entrepreneur clients. It help to decide whether to expand support for E-commerce in agency, what type of Ecommerce support to provide, and how to go about providing that support. This paper outlines the economic impacts upon organizations of offering content on the Web. Currently many companies, whose Internet activities are not their core business, often do not generate sufficient profit from providing this High technology industries are subject to the same market forces as every other industry.

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