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...E business accounting b com iv sem avinash c asst prof sbmjec bangalore unit meaning of is the conduct on internet not only buying and selling goods but also serving customer collaborating with partner aimed at improving or transforming process efficiency definition electronic processes these include products supplies services servicing customers processing payments etc commerce where transaction takes place by our telecommunication network especially through it means doing electronically history paving way for electric was development data interchange edi replaced traditional mailing faxing documents michael aldrich an english inventor innovator entrepreneur credited developing predecessor to online shopping in france launched precursor called minitel tim berners lee along his friend robert cailliau published a proposal build hypertext project worldwide web september nsf began charging fee registering domain names secure socket layers ssl encryption certificate netscape provided safe ...