E-COMMERCE: A GLOBAL OPPORTUNITY In a world brimming with the pressures of economic stabilization and financial gratification, companies must adopt the methodologies of e-commerce in order to attract growth and prosperity. E-commerce, defined as “The application of advanced information technology to increase the effectiveness of the business relationships between trading partners” by the Automotive Industry Action Group of North America, is a realistic tool which enables companies to evolve electronically into a corporation better suited …showed first 75 words of 1446 total…

…showed last 75 words of 1446 total…opportunities of e-commerce are truly momentous. E-commerce has the ability to destroy the barriers posed by a global landscape and create a harmonized electronic community. It has the potential to create jobs, provide a better quality of life for people in both urban and rural areas, strengthen international relationships, improve technology, increase market competitiveness and generate economic growth and prosperity. E-commerce is an advanced business tool which is carrying us to tomorrow's reality. -Niraj Shukla