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Essay's paper info
Topic: |
Technology
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Number of pages / Number of words: |
6 / 1584 |
Essay's paper body
Even with these challenges, e-commerce is changing the face of business worldwide every day. In mid 1999, General Motors announced a development, which simultaneously accelerated the process of globalization and e-business (Reynolds, 2000). GM merged all its e-commerce and electronic trading activities into one coherent and logical entity: E-GM (Reynolds, 2000)...
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The function of E-GM is to provide a focal point for all the e-business activities of General Motors. This is a major step for GM that will streamline it much faceted business, which will mean greater profits in the end.
In 1997, reliable sources forecast that by the year 2002 around 5% of all transaction worldwide would be conducted by e-commerce...
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General points of the essay
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