A guide to electronic commerce
Article Abstract:
Several small businesses have refused to engage in electronic commerce because they are doubtful of the technology and afraid of the potential cost of such an endeavor. The consequence is that small businesses find it extremely hard to compete in the global economy, which is dominated by large companies actively involved in electronic commerce. Fortunately, there are technologies that small businesses can employ to participate in electronic commerce without setting up costly and complicated electronic data interchange systems. One of these is electronic funds transfer systems, which allow the processing of checks, credit cards and debit cards via stand-alone terminals or networked systems. Other instruments include the Internet, World Wide Web, positive pay systems, debit cards and PC-based software.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Got milk?
Article Abstract:
Electronic commerce is expected to flourish in the 21st century because it is cheaper, faster and more convenient for consumers. Even tradesmen and other small entrepreneurs can compete online because they can eliminate the middle man, thereby reducing their costs and expediting delivery. An estimate by Jupiter Communications predicts that online shopping will jump to $6 billion in 1998 from just $.7 billion in 1996. The hottest products or services available online are travel, computer equipment, groceries, gifts and flowers, and books. Although the profile of the online shopper matches that of the typical Internet user, who is white, male, middle-aged and college-educated, this profile is expected to change because a diverse group of shoppers will also avail of electronic commerce.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
The SEC opens the door
Article Abstract:
All publicly traded companies and mutual funds are required to electronically file their reports to the Securities and Exchange Commission (SEC) through the Electronic Data Gathering Analysis and Retrieval system (EDGAR) starting on May 6, 1996. Through this system, end-users can now study the reports filed by all domestic public companies and some foreign ones without having to sort through mounds of paper. They simply have to access EDGAR on their computers at http:www.sec.gov/edgarhp.htm. EDGAR-listed companies are required to submit quarterly and annual reports, statements of ownership, and data on employee benefit plans, income, debt, legal liabilities and changes that might affect their future. EDGAR contains 20 corporation finance forms and 16 investment management forms.
Publication Name: Management Accounting (USA)
Subject: Business, general
ISSN: 0025-1690
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Cybermediaries in electronic marketspace: toward theory building. eTransQual: a transaction process-based approach for capturing service quality in online shopping
- Abstracts: How manufacturers price products. Management accounting in the era of electronic commerce. A modest proposal for pricing decisions
- Abstracts: PC price wars force electronics chain to curb expansion, push big appliances. Did IBM unit bribe officials in Argentina to land a contract? Scandal claims top members of Menem government, 3 Big Blue executives; millions for a rugby coach
- Abstracts: A strategic framework for technical function management in manufacturing. Beyond the fads, Company New takes the path to improvement
- Abstracts: The concept of entrepreneurial intensity: implications for company performance. Learning needs of growth-oriented entrepreneurs