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Essay / Research Paper Abstract
20 pages in length. Technology's reach into the deep recesses of human existence has been both grand and far-reaching. That mankind stands at the crossroads of yet another millennium more economically, socially and industrially advanced than ever before speaks to the significant leaps forward technological advancement has allowed.
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20 pages (~225 words per page)
File: LM1_TLCTechEc.rtf
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millennium more economically, socially and industrially advanced than ever before speaks to the significant leaps forward technological advancement has allowed. II. E-COMMERCE Examining the trends and forces that drive
e-business, one immediately finds how the clear advantage of online commerce is the ease with which the merchant can reach out to the consumer. In effect, the retailer has
set up shop in a singular location that everyone worldwide can access. No longer is time or location a barrier when it comes to finding ones niche market, inasmuch
as the Internet has opened up an entirely new marketing tactic. To be sure, merchants are not the only ones to benefit from e-business; by allowing people to buy
items from the comfort of their own homes and offices - be it books or automobiles - online commerce has made it possible for busy people to address their purchasing
needs at their convenience. Three traditional business environments that have been revolutionized into e-business environments in response to changes in technology, society and markets include banking and retail.
"This comes at a time when technology is assuming an increasing role in the lives of average consumers, making it vital that [company marketing] find ways to add relevance and
meaning to its brand" (Anonymous, 1997, p. PG). Technology is making it increasingly easier for people to live, and the banking industry is
just one sector of commerce where beating the clock and waiting in long lines are becoming a thing of the past. There is no question that the concept of
Electronic Funds Transfer, which has been in the works for over twenty years, has taken a stronghold upon society with its incredible ease and convenience. The object of the
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