Information technology and e-commerce

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Information technology (IT) and e-commerce are integral components of the modern digital economy, profoundly influencing business operations, consumer behavior, and global trade. Here's an overview of their interconnection and impact within the realm of commerce: 1. Evolution and Integration: Information technology has revolutionized commerce through e-commerce, the purchasing and trade of goods and services over the internet. IT infrastructure, including hardware, software, networks, and databases, provides the foundation for e-commerce platforms to operate efficiently. 2. Facilitating Transactions: IT enables the creation of secure online payment gateways, encryption technologies, and digital authentication, ensuring safe and convenient transactions for consumers and businesses engaged in e-commerce activities. 3. Global Reach and Market Access: E-commerce, powered by IT, transcends geographical boundaries, permitting businesses to reach a global spectators without th...
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