E-commerce and corporate strategy: an executive perspective

Despite the recent downturn in Internet-based business, the dollar value of electronic commerce (EC) transactions is increasing at an astounding rate. In consumer-to-business applications, the amount of money spent by online shoppers is nearly doubling every year and is expected to approach US 100 billion by 2004 while business-to-business sales is expected to reach US1.3 trillion by 2003. These opportunities, powered by the evolving...