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Monday, April 20, 2009

Business Applications

Business Applications –

   

  • Email.
  • Enterprise Content Management.
  • Instant Messaging.
  • News Groups.
  • Online Shopping and Order Tracking.
  • Online Banking.
  • Online Office Suites.
  • Domestic and International Payment Systems.
  • Shopping Cart Software.
  • Teleconferencing.
  • Electronic Tickets.

Government regulations-

In the US, some e-commerce activities are regulated by the FTC (Federal Trade Commission). These activities include the use of commercial e-mails online advertising and consumer privacy. The national standards for direct marketing over e-mail, established by CAN-SPAM Act of 2003. The Federal Trade Commission Act regulates all forms of advertising, including online advertising, and states that advertising must be truthful and non-deceptive. Using its authority under Section 5 of the FTC Act, which prohibits unfair or deceptive practices, the FTC has brought a number of cases to enforce the promises in corporate privacy statements, including promises about the security of consumers’ personal information. As result, any corporate privacy policy related to e-commerce activity may be subject to enforcement by the FTC.
To become effective in 2009: the Ryan Haight Online Pharmacy Consumer Protection Act of 2008.

Forms-

E-Commerce involves everything from ordering ‘digital’ content for immediate online consumption, to ordering conventional goods and services, to ‘meta’ service to facilitates other types of electronic commerce.



An individual can go online to purchase anything from books or groceries, to expensive items like real estate. On the consumer level, electronic commerce is mostly conducted on the World Wide Web. Another example would be online banking, i.e. online bill payments, buying stocks, transferring funds from one account to another, and initiating wire payment to another country. All of these activities can be done with a few strokes of the keyboard.




On the institutional level, big corporations and financial institutions use the internet to exchange financial data to facilitate domestic and international business. Data integrity and security are very hot and pressing issues for electronic commerce today.

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