Business Administration and E-Commerce

Rest assured the future of e-commerce is intact and ever changing. "Like electricity, antibiotics, or the car, the Internet is a revolutionary technology."(France, 1999) It is quite evident that e-commerce is only gaining speed. As one article stated, "The growth of e-commerce won't diminish, it will become such a pervasive influence on how a company works that all functions within an organization will have a stake in their e-commerce strategy." (Wareham, 2000) With Internet traffic doubling every 100 days the digital economy is alive and growing. The huge growth of virtual communities is causing shifts in economic power from large corporations to smaller businesses. "Virtual communities erode the marketing and sales advantages of large companies.…