ELECTRONIC COMMERCE
Depending on whom you ask, electronic commerce has different definitions.
From a communications perspective, electronic commerce is the delivery of information, products/services, or payments via telephone lines, computer networks, or any other means.
From a business perspective, electronic commerce is a tool that addresses the desire of firms, consumers, and management to cut service costs while improving the quality of goods and increasing the speed of service delivery.
From an online perspective, electronic commerce provides the capability of buying and selling products and information on the internet and other online services.