Descriptions and Definitions of the Internet and E-Commerce

Satisfactory Essays
DQ1: Technology Update (response to the work of Benjamin Alao and Ibikunle Grillo) Alao, Benjamin (2012). DQ1: Technology Update. The article is very thorough in its descriptions and definitions of the web, the internet and e-commerce.I fully support the stance the author takes on thesedefinitions and capabilities of the internet and e-commerce. As noted in the paper,In order to understand the concept of e-commerce, it is important to have a true understanding of the concept of internet. Internet is defined by Rayport and Jaworski (2002,p.40) as "a collection of wires, protocols, and hardware that allows the electronic transmission of data over TCP/IP". This definition could be sufficient for the electronic part. Then the commerce parst just concerns the exchange of goods and services for money over the internet.E-commerce can therefore be defined as the art and science of exchanging goods and services over the internet backbone (Laudon & Traver, 2012,p.54).Issues of online security and privacy however must be taken care of as suggested in the final part of this paper. I find this paper very compelling and accurate in its definition of the internet, web and e-commerce as well as the issues and risks surrounding the use of e-commerce technology. References Laudon, K. C. & Traver, C. G. (2012) E-commerce 2012: Business, Technology, Society, 8th Ed., Int'l Ed.: Pearson England ISBN 978-0-13-801881-8 Rayport, J. F. & Jaworski, B. J. (2002) Introduction to e-Commerce,
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