E-Commerce

"Described how e-commerce effects the acquisitions of goods and services"

Electronic Data Interchange (EDI)

" Is the electronic interchange of information between companies and their supplies and customers"

a. Information about products is available over the internet
b. Some companies use extranets which link the intranets of two or more companies.
c. Other companies use business to business auctions husted on the interest to negotiate purchases.

Pasar = Tempat bertemunya demand and supply.