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Sunday, January 29, 2012

New Lesson I Learned

Case 3:

From the last Friday's discussion about Chapter 5: the Electronic Commerce and Transaction Processing System,I have learned about the E-tailing and E-commerce. Their definitions clearly states the distinction between the two. To refresh, E-tailing is the e-commerce that business takes place online. This does not involves financial transactions and B2B commerce. While, E-commerce is the buying and selling of products or services over electronic systems such as the Internet and other computer networks. This relates to the whole services of the online commerce. And this lists the three business models such are: B2B (Business-Business), B2C (Business-Consumer), and C2C(Consumer-Consumer).

In addition to this is the more information about M-commerce or Mobile Commerce. In which a business that provides services through handheld devices or PDA's like mobile phone.

I've also remembered the evolution of banking, in which at current times, there is already an online banking that is existing. The example given was BPI. The client can now check her account's balance which is a hassle free service. There is no need to go out the house to reach any bank and ATM outlets. Simpler to do like accessing over the internet using a laptop or a phone.

I also learned that there are already existing web sites that are under e-commerce like E-bay and more.

This only shows that jobs are only everywhere. The only thing to do is to utilize such time to look for different opportunities.

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