Identify the Eight Unique Features of E-Commerce Technology and Explain

question 6

Essay

Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions.

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Definitions:

Economic Integration

The process by which different countries agree to remove trade barriers between them, increasing the exchange of goods and services as a single market or through various degrees of shared economic policies.

Corporate Codes

Guidelines and principles that outline ethical standards, corporate governance, and social responsibility expected within a corporation.

Enforcement Mechanism

Procedures or methods used to enforce compliance with laws, regulations, or agreements.

Collective Bargaining

The process by which employers and unions negotiate terms of employment, including wages, hours, and working conditions.