Ecommerce & EBusiness models

E-Commerce
Monica Kraszewski
IST 641
E-Commerce
E-Commerce revenues have grown substantially over the last several years and according to Jupiter Research (2002), online purchases are expected to grow to $217 billion in the next five years. The US Trade Commission has reported astounding, yet untrue facts regarding the rate of growth and its impact for American businesses. "...the western industrialized nations dominate Internet development and use, by the year 2003 more than half of the material posted on the Internet will be in a language other than English. This has large ramif…