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1. Introduction
Electronic
Commerce (E-Commerce) has almost successful
overnight . Equally quickly it has become a
significant element in commercial
activities globally, particularly in the developed
countries where suitable
infrastructure
support
is
available.
E-Commerce,
of
course,
has
no
single
definition,
meaning
only
commercial activity
which is somehow linked to or supported by
electronic communications. It may be
anything
from
a
simple
advertising
presentation
available
on
the
World
Wide
Web,
or
an
e-mail
communication;
all
the
way
to
an
entire
multi-
million
dollar
transaction
initiated
and
promulgated
in
electronic form up; to and in some
cases including the actual delivery via the net of
information intensive
goods or
services.
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2.
Advantages of E-commerce
The advantages
of E-Commerce from a commercial perspective are
numerous:
?
Online and more or less
instantaneous searches
with
an unlimited number of criteria such as
description,
category,
subcategory,
location,
color,
size,
and
price
range
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i.e.
The
use
of
computerized
information
management for a
huge and rapidly expanding globally distributed
knowledge/information base along with the
availability
of
full
colour
media
including
graphics,
animation,
sound
and
now
video
and
no
space
or
time
limitations as to information delivery.
?
Full
two-way
24
hours/day,
7
days/week
communications/information
access
capability
which
allows
for
instantaneous response and feedback
concerning product/services and related
information.
?
Full
processing of
transactions
(including delivery) for
information intensive goods such as software,
text,
images,
video,
and
music;
downloadable
directly
to
the
consumer's
computer
at
the
time
of
purchase
and
including
the
opportunity
for
limitless
product
comparison.
All
of
this
leads
directly
to
greatly
intensified
competition in these markets and lower
margins, reducing costs to the end user.
?
The
elimination
of
the
need
for
middlemen
(disintermediation),
leading
to
lowered
transaction
costs
(including marketing,
sales, transaction processing), reduced overhead,
and reduced inventory and labor costs.
?
The
delivery of after-sales service and
support
directly and low cost.
3. E-Commerce and Community Economic
Development
E-Commerce presents
significant challenges to Community Economic
Development (CED)
. CED has
for
the
most
part
been
low
technology,
focussing
on
those sectors
of
the
economy
which
traditionally
have
not
been
technology
or
knowledge
intensive
and
with
relatively
low
technical
skill
requirements
such as real
estate development or rehabilitation, food
retailing, craft manufacture and sale, tourism and
particularly eco-tourism and so on.
Most regions and communities with a strong
interest in CED have
been low income,
with low skill levels, and little technology or
training infra-structure. They have been
ill-equipped to take leading edge
advantage of the development of technology
opportunities and have
been
.
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In
many cases the Internet has come to be a central
element in certain areas of social development and
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