A Study of Technological Transformation in Commerce: E-Commerce

Abstract

Electronic commerce is the result of the development and innovations in the area of information and communications technologies it includes computer hardware, computer software, Internet etc. E-commerce is one  of the major economic transformations of the 21st Century. With the help of new communication technology and resultant exchange of information and knowledge it presents a new way of doing business, which provides opportunities to improve the quality of life and economic well-bring of the people and has the potential to spot the growth and employment in all the countries of the world.