February 2017
Beginner
352 pages
8h 28m
English
Electronic commerce is the single greatest change in business since the invention of money. . . . On the internet there’s perfect information. . . . Location doesn’t protect you any more. It’s a truly global economy.
—National Public Radio Business News1
If the recession of the early 1990s disrupted U.S. business, as we noted in chapter four, the long expansion that has followed has not, as might have been expected, brought calm. Far from it. As the recovery got under way, the World Wide Web arose out of nowhere, popularizing the internet, populating cyberspace, and bringing on its back the turmoil of “e-commerce” and the challenges of “globalization.”
At first e-commerce was seen as ...