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Challenging Projects

Economists have theorized that e-commerce ought to lead to intensified price competition, as it increases consumers' ability to gather information about products and prices. Research by four economists at the University of Chicago has found that the growth of online shopping has also affected industry structure in two areas that have seen significant growth in e-commerce, bookshops and travel agencies. Generally, larger firms have grown at the expense of smaller ones, as they are able to use economies of scale and offer lower prices. The lone exception to this pattern has been the very smallest category of bookseller, shops with between one and four employees, which appear to have withstood the tren

Applications we Support related to electronic commerce are the following:

* Email * Enterprise content management * Instant messaging * Newsgroups * Online shopping and order tracking * Online banking * Online office suites * Domestic and international payment systems * Shopping cart software * Teleconferencing * Electronic tickets