ITM 102 Lecture Notes - Lecture 10: Quartile, E-Commerce, Transact

• School: Ryerson University
• Department: Information Technology Management
• Course: ITM 102
• Professor: Ozgur Turetken

Document Summary

E-commerce and the internet: the use of the internet and the web to transact business, digitally enabled transactions. The text states that e-commerce history mirrors those of other technology innovations. Students probably will not know about the early days of radio and tv, but perhaps they will remember cassette music, vhs video tapes, and even cds which though still with us are definitely declining in sales. There are many current trends in e-commerce, from e-books to mobile purchasing. E-commerce today: began in 1995 when advertisements were allowed, more than 2. 4 billion people globally are now connected to the internet, 97 per cent of canadians in the top income quartile have access to the. Internet in their homes, but that number drops to 54 per cent for those in the bottom quartile. grow to an estimated billion in 2018. In a few years, mobile phones will be the most common internet access device.