What is Electronic Commerce (EC)?
Electronic commerce refers to the exchange of goods and services of any kind through a network. It means the buying and selling of prducts and services over an exclusive betwork (e.g. Booknet) or an open network (e.g. Internet). It includes both physical products (hard goods) like office supplies, and digital products (soft goods) like educational software. Such exchanges can take place between businesses, goverments, private or public organisations, households and individuals.
