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Electronic commerce
Electronic commerce, commonly known as (electronic marketing) e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as e-mail as well.
A large percentage of electronic commerce is conducted entirely electronically for virtual items such as access to premium content on a website, but most electronic commerce involves the transportation of physical items in some way. Online retailers are sometimes known as e-tailers and online retail is sometimes known as e-tail. Almost all big retailers have electronic commerce presence on the World Wide Web.
Electronic commerce that is conducted between businesses is referred to as business-to-business or B2B. B2B can be open to all interested parties (e.g. commodity exchange) or limited to specific, pre-qualified participants (private electronic market). Electronic commerce that is conducted between businesses and consumers, on the other hand, is referred to as business-to-consumer or B2C. This is the type of electronic commerce conducted by companies such as Amazon.com.
Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of the business transactions.
Early development
The meaning of electronic commerce has changed over the last 30 years. Originally, electronic commerce meant the facilitation of commercial transactions electronically, using technology such as Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT). These were both introduced in the late 1970s, allowing businesses to send commercial documents like purchase orders or invoices electronically. The growth and acceptance of credit cards, automated teller machines (ATM) and telephone banking in the 1980s were also forms of electronic commerce. Another form of e-commerce was the airline reservation system typified by Sabre in the USA and Travicom in the UK.
Online shopping, an important component of electronic commerce, was invented by Michael Aldrich in the UK in 1979. The world's first recorded B2B was Thomson Holidays in 1981 [1] The first recorded B2C was Gateshead SIS/Tesco in 1984 [2] The world's first recorded online shopper was Mrs Jane Snowball of Gateshead, England [3] During the 1980s, online shopping was also used extensively in the UK by auto manufacturers such as Ford, Peugeot-Talbot, General Motors and Nissan.[4] All these organizations and others used the Aldrich systems. The systems used the switched public telephone network in dial-up and leased line modes. There was no broadband capability.
From the 1990s onwards, electronic commerce would additionally include enterprise resource planning systems (ERP), data mining and data warehousing.
An early example of many-to-many electronic commerce in physical goods was the Boston Computer Exchange, a marketplace for used computers launched in 1982. An early online information marketplace, including online consulting, was the American Information Exchange, another pre Internet[clarification needed] online system introduced in 1991.
In 1990 Tim Berners-Lee invented the World Wide Web and transformed an academic telecommunication network into a worldwide everyman everyday communication system called internet/www. Commercial enterprise on the Internet was strictly prohibited until 1991 .[5] Although the Internet became popular worldwide around 1994 when the first internet online shopping started, it took about five years to introduce security protocols and DSL allowing continual connection to the Internet. By the end of 2000, many European and American business companies offered their services through the World Wide Web. Since then people began to associate a word "ecommerce" with the ability of purchasing various goods through the Internet using secure protocols and electronic payment services.
Online shopping
Online shopping is the process consumers go through to purchase products or services over the Internet. An online shop, eshop, e-store, internet shop, webshop, webstore, online store, or virtual store evokes the physical analogy of buying products or services at a bricks-and-mortar retailer or in a shopping mall.
The metaphor of an online catalog is also used, by analogy with mail order catalogs. All types of stores have retail web sites, including those that do and do not also have physical storefronts and paper catalogs. Online shopping is a type of electronic commerce used for business-to-business (B2B) and business-to-consumer (B2C) transactions.
Webshop
The term "webshop" also refers to a place of business where web development, web hosting and other types of web related activities take place (Web refers to the World Wide Web and "shop" has a colloquial meaning used to describe the place). Buying online introduced new ways of reducing costs by reducing the number of staff needed. It is a more effective way of getting products to people and spreading into different demographics.
Customers
In general, shopping has always catered to middle class and upper class women. Shopping is fragmented and pyramid-shaped. At the pinnacle are elegant boutiques for the affluent; a huge belt of inelegant but ruthlessly efficient “discounters” flog plenty at the pyramid’s precarious middle. According to the analysis of Susan D. Davis, at its base are the world’s workers and poor, on whose cheapened labor the rest of the pyramid depends for its incredible abundance. Shopping has evolved from single stores to large malls containing many stores that most often offer attentive service, store credit, delivery, and acceptance of returns. These new additions to shopping have encouraged and targeted middle class women.
In recent years, online shopping has become popular; however, it still caters to the middle and upper class.[citation needed] In order to shop online, one must be able to have access to a computer, a bank account and a debit card. Shopping has evolved with the growth of technology. According to research found in the Journal of Electronic Commerce, if we[who?] focus on the demographic characteristics of the in-home shopper, in general, the higher the level of education, income, and occupation of the head of the household, the more favourable the perception of non-store shopping. An influential factor in consumer attitude towards non-store shopping is exposure to technology, since it has been demonstrated that increased exposure to technology increases the probability of developing favourable attitudes towards new shopping channels.
Online shopping widened the target audience to men and women of the middle class. At first, the main users of online shopping were young men with a high level of income and a university education. This profile is changing. For example, in USA in the early years of Internet there were very few women users, but by 2001 women were 52.8% of the online population. Sociocultural pressure has made men generally more independent in their purchase decisions, while women place greater value on personal contact and social relations. read moreLabel: marketing
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Armenia is a landlocked country in Europe, between the Black and Caspian Seas, bordered on the north and east by Georgia and Azerbaijan and on the south and west by Iran and Turkey.read more
The terrain is mostly mountainous and flat, with fast flowing rivers and few forests but with many trees. The climate is highland continental: hot summers and cold winters. The land rises to 4,095 m above sea-level at Mount Aragats, and no point is below 400 m. Mount Ararat, one of the national symbols of Armenia, is the highest mountain in the region.
Pollution from toxic chemicals such as DDT is not helping the already poor soil quality in many parts of the country.
Armenia is trying to address its environmental problems. It has established a Ministry of Nature Protection and introduced taxes for air and water pollution and solid waste disposal, whose revenues are used for environmental protection activities. Armenia is interested in cooperating with other members of the Commonwealth of Independent States (CIS, a group of 12 former Soviet republics) and with members of the international community on environmental issues. The Armenian Government is working toward closing the Armenian Nuclear Power Plant as soon as alternative energy sources are identified.
Geographic coordinates: 40°00′N 45°00′E
source: ArmeniaLabel: Armenia
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Argentina is a country in southern South America, situated between the Andes in the west and the southern Atlantic Ocean in the east. It is bordered by Paraguay and Bolivia in the north, Brazil and Uruguay in the northeast and Chile in the west.read more
Argentina is the second largest country of South America after Brazil, and the 8th largest country in the world. Its total area is approximately 2.7 million km². Argentina claims a section of Antarctica (Argentine Antarctica) but has agreed to suspend sovereignty disputes in the region as a signatory to the Antarctic Treaty. Argentina also asserts claims to several South Atlantic islands administered by the United Kingdom.
source: ArgentinaLabel: Argentina
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Antigua and Barbuda lie in the eastern arc of the Leeward Islands of the Lesser Antilles, separating the Atlantic Ocean from the Caribbean Sea. Antigua is 650 km southeast of Puerto Rico; Barbuda lies 48 km due north of Antigua, and the uninhabited island of Redonda is 56 km southwest of Antigua. The largest island, Antigua, is 21 km (about a dozen miles) across and 281 km² (about a hundred square miles) in area, or about two-thirds the size of New York City, seven eighths the area of Inner London or 86% greater than the London Borough of Bromley. Barbuda covers 161 km² (about 5% more than Bromley), while Redonda encompasses a mere 2.6 km² making it comparable to The City of London, about 1 square mile (3 km2). The capital of Antigua and Barbuda is St. John's, located at St. John's Harbour on the northwest coast of Antigua. The principal city of Barbuda is Codrington, located on Codrington Lagoon.read more
source: Antigua and BarbudaLabel: Antigua and Barbuda
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Angola is located on the South Atlantic Coast of West Africa between Namibia and the Republic of the Congo. It also is bordered by the Democratic Republic of the Congo and Zambia to the east. The country consists of a sparsely watered and somewhat sterile coastal plain extending inland for a distance varying from 30 to 100 miles (48 to 161 km). Slightly inland and paralell to the coast is a belt of hills and mountains and behind those a large plateau.read more
source: AngolaLabel: Angola
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Algeria comprises 2,381,741 square kilometers of land, more than four-fifths of which is desert, in northern Africa, between Morocco and Tunisia. It is the second largest country in Africa, after Sudan. Its Arabic name, Al Jazair (the islands), derives from the name of the capital Algiers (Al Jazair in Arabic), after the small islands formerly found in its harbor. It has a long Mediterranean coastline. The northern portion, an area of mountains, valleys, and plateaus between the Mediterranean Sea and the Sahara Desert, forms an integral part of the section of North Africa known as the Maghreb. This area includes Morocco, Tunisia, and the northwestern portion of Libya known historically as Tripolitania.read more
Geographic coordinates: 28°N 3°E
source: AlgeriaLabel: Algeria
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Andorra is a small, landlocked country in southwestern Europe, located in the eastern Pyrenees mountain range and bordered by Spain and France. With an area of 468 km², it is the sixth smallest country in Europe and also the largest of the European microstates.read more
Andorra consists predominantly of rugged mountains of an average height of 1,996 metres (6,549 ft) with the highest being the Coma Pedrosa at 2,942 metres (9,652 ft). These are dissected by three narrow valleys in a Y shape that combine into one as the main stream, the Gran Valira river, leaves the country for Spain (at Andorra's lowest point of 840 m/2,756 ft). Andorra's surface area is 468 square kilometres (181 sq mi).
Andorra's climate is similar to that of its neighbours' temperate climates, but its higher altitude means there is, on average, more snow in winter, lower humidity, and it is slightly cooler in summer. There are, on average, 300 days per year of sunshine.
Phytogeographically, Andorra belongs to the Atlantic European province of the Circumboreal Region within the Boreal Kingdom. According to the WWF, the territory of Andorra belongs to the ecoregion of Pyrenees conifer and mixed forests.
Landslides and avalanches are the main natural hazards. There are frequent earthquakes below Richter magnitude 2. There is no historical record of any damaging earthquakes in Andorra, but the Andorran government has studied the possibility of a future one.
source: AndorraLabel: Andorra
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Albania has a total area of 28,748 km2 (11,100 sq mi). It shares a 172 km (107 mi) border with Montenegro to the northwest, a 115 km (71 mi) border with Kosovo[a] to the northeast, a 151 km (94 mi) border with Macedonia to the north and east, and a 282 km (175 mi) border with Greece to the south and southeast. Its coastline is 487 km (303 mi) long. The lowlands of the west face the Adriatic Sea and the strategically important Strait of Otranto, which puts less than 100 km (62 mi) of water between Albania and the heel of the Italian "boot" (links Adriatic Sea to Ionian Sea and Mediterranean Sea).read more
Albania has coastline on the Adriatic Sea and the Ionian Sea.
saource: AlbaniaLabel: Albania
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Afghanistan is a landlocked nation in south-central Asia. Strategically located at the crossroads of major north-south and east-west trade routes, it has attracted a succession of invaders including Alexander the Great, in the fourth century B.C. Currently, the United States continues the global war on terrorism there.read more
The Hindu Kush mountains, running northeast to southwest across the country, divide it into three major regions: 1) the Central Highlands, which form part of the Himalayan Mountains and account for roughly two thirds of the country’s area; 2) the Southwestern Plateau, which accounts for one-fourth of the land; and 3) the smaller Northern Plains area, which contains the country’s most fertile soil.
Land elevations generally slope from northeast to southwest, following the general shape of the Hindu Kush massif, from its highest point in the Pamir Mountains near the Chinese border to the lower elevations near the border with Iran. To the north, west, and southwest there are no mountain barriers to neighboring countries. The northern plains pass almost imperceptibly into the plains of Turkmenistan. In the west and southwest, the plateaus and deserts merge into those of Iran.
The greater part of the northern border and a small section of the border with Pakistan are marked by rivers; the remaining boundary lines are political rather than natural. The northern frontier extends approximately 1,689 km southwestward, from the Pamir Mountains in the northeast to a region of hills and deserts in the west, at the border with Iran. The border with Iran runs generally southward from the Hari River across swamp and desert regions before reaching the northwestern tip of Pakistan. Its southern section crosses the Helmand River.
Afghanistan is located on the Eurasian Tectonic Plate. The Vakhan corridor and the rest of northeastern Afghanistan, including Kabul, are situated in a geologically active area. Over a dozen earthquakes occurred there during the twentieth century.
source: Afghanistan