Technology Impact Analysis (management Information System)

Impact of net profit auction off offs on E- avocationImpact of cyberspace auction sales on E-commerceIntroductionElectronic commerce is the ` market place on the World Wide Web . same the traditional marketplace , it is a venue for exchange of goods and run between parties referred to as buyers and parcel outers . Business minutes like purchase , selling , distributing , trade and providing services done whole over the mesh and new(prenominal) computer networks are classified into the e-commerceOne of the functions of E-commerce is meshing auction yoke . It is exactly the same in context to the traditional auction sale except it is done over the internet . In network Auction , a sale is broadcasted over a broader audience depending upon the terms of the Internet Auction provider , unremarkably referred to as th e `marketplace . There are thousands of auctions sends found on the internet today . Among the biggest names are eBay .com and Amazon .com . Internet Auction is drawing overmuch attention from the assembly gunstock sectors . It provided facilitate and comfort both to the buyers and sellers . It provides benefits that befit the current postulate of our community which in turn , provides opportunity for line of descent magnification and issueInternet Auction has become very successful these days . This success is attributed to the hastened proceeds and development in the line of products of knowledge engineering science . The hastened growth and development in information technology has brought Internet Auction to a higher degree of leverage in the electronic marketplace . However , there are accredited pledge issues that are par whollyel to this growth . It posed a bane to the stability of the whole e-commerce systemThe future of internet auction hangs in the cours e of the development and progress in the fie! ld of information technology .

To this , the whole e-commerce system is also very dependentThis canvass is aimed at exploring the different sections of Internet Auction and describing and analyzing its meeting on e-commerceInternet Auction : How it WorksInternet Auctions , also called online auctions , are sales transactions conducted over the internet . It allows consumers and merchants to buy stuff or sell sell through a competitive bidding address using the information superhighway , the route where there is much slight congestion than the Capital Beltway (Shea , 2004 . Internet auction find enjoyed fast success in the electronic commerce as it experiences a rapid increase in popularity among the parties and business sectors harmonise to Jupiter enquiry , the traded in the US E-commerce from online auctions controlled by consumers alone has treble from 3 gazillion in 1999 to a whopping 6 .4 million in 2000 . Today , there are thousands of hosted localises found on the internet that provide consumer online auction . eBay .com is the by far the largest of all the existing hosted auction sitesHow it WorksIn to start an online auction , the individuals or business organizations involved in any business must starting time chose a type or platform of the auction site . There are two options to which they can choose from : wear an existing online marketplace via a hosted site or throw away a penny a dedicated company that will...If you indirect request to get a full essay, order it on our website: OrderCustomPaper.com

If you w ant to get a full essay, visit our page: write my paper