Small to Medium Enterprises, Entrepreneurs & Associations - Commercializing on Electronic Platforms - Some Terms!
Small to Medium Enterprises, Entrepreneurs & Associations - Commercializing on Electronic Platforms - Some Useful Terminology WRLyman.com Group MyLyman.Blogspot.com Internationals and ISM2020.com (beta) As 'socio/business' networks extend commercializing platform ability to home based businesses, entrepreneurs, small to medium enterprises or their associations, understanding components of the electronic or internet economy will prove valuable in extending new business markets. Think of the electronic or internet economy as having three primary components: (1) Electronic Commerce (e-Commerce) Any transaction completed over a computer-mediated network that transfers ownership of, or rights to use, goods or services. The value of goods and services sold on-line. The term “on-line” includes the use of the Internet, Intranet, and Extranet, as well as proprietary information that runs over systems such as Electronic Data Interchanges (EDI) networks. (2) Electronic business supp...