Electronic commerce offers many advant

The Internet will probably result in several major changes in the way business is conducted in the next decade. The flexibility the Internet offers would also affect its users dramatically. Online business might be conducted from home or at non-standard business hours. The capability of online stores to sell their products to consumers throughout the world will decrease trade barriers and result in increased trade. The increased price transparency offered by the Internets capability to check the prices of thousands of items simultaneously would allow consumers to have a much larger knowledge base before making a decision. This would also increase competition between various online firms dramatically causing large price drops.

ages to both consumers and firms. It is very convenient for consumers as there are no shop hours and orders can be placed any time of the day. Electronic commerce also allows companies to have much larger markets, once you are on the Internet you are everywhere. A customer in Japan can buy exactly what a customer in the UK buys from the same

Some common words found in the essay are:
Internet Electric, Electronic Commerce, electronic commerce, online stores, price transparency, business conducted, credit card, changes business conducted, result major changes, major changes business, probably result major, stores sell, probably result, increased price transparency, major changes, result major, personal details,
Approximate Word count = 725
Approximate Pages = 3 (250 words per page double spaced)