Evaluation:
Published: 14.07.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Why It Is Said That EC Is a Catalyst of Fundamental Changes?', 1.
  • Essays 'Why It Is Said That EC Is a Catalyst of Fundamental Changes?', 2.
Extract

Banks, for example, customers can look at their account balance in real time. A hacker will not be able to break into the bank's computer system. Security components are a product which helps the bank's security system. These same measure offer trade on the Internet to expand.
4. Conclusion
Companies are resorting to EC. A very simple reason is information technology in general and EC in particular have become the major facilitators on business activities the world today. The new breed of computing is enabling large number of organizations, both private and public, in manufacturing, agriculture, and services, not only to excel but also in many cases to survive.
Addition in a word, EC is a catalyst of fundamental changes in the structure, operations, and management of organizations.

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