As our economy evolves, new means of conducting and creating business are being explored. The newest discovery, e-commerce, has given the world the ability to conduct business over the internet. E-Commerce, or Electronic Commerce, is a general term for any type of business, or commercial transaction, that involves the transfer of information across the Internet. This covers a range of different types of businesses, from consumer-based retail sites like Amazon.com which is an online …showed first 75 words of 1290 total…

…showed last 75 words of 1290 total…business. Although severe problems such as inadequate planning, outrageous costs and lack of commitment from venture capitalists' plague e-commerce as of now, a bright future for the sector is apparent if changes are made. As society as whole becomes more technologically inclined, the demand for e-commerce will be tremendous. If steps to blend old economy rules with state of the art technology are followed, the outlook of e-commerce is filled with endless possibilities of prosperity.