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Passage A
Identify Electronic Commerce
Electroniccommercereferstothebuyingandsellingofproductsorservices
overelectronicsystemssuchastheInternetandothercomputernetworks.
①
Theamountoftradeconductedelectronicallyhasgrownextraordinarily
sincetherapidspreadoftheInternet.Awidevarietyofcommerceis
conductedinthisway,whichleadstoinnovationsinmanyaspectssuchas
electronicfundstransfer,supplychainmanagement,Internetmarketing,
onlinetransactionprocessing,electronicdatainterchange(EDI)andsoon.
②
ModernelectroniccommercetypicallyusestheWorldWideWebatleastat
somepointinthetransaction'sprocess,althoughitcanincludeawiderrange
oftechnologiessuchase-mailaswell.Alargepercentageofelectronic
commerceisconductedentirelyelectronicallyforvirtualitemssuchasaccess
toinformationyouwantonawebsite,butmostelectroniccommerceinvolves
thetransportationofphysicalitemsinsomeway.
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