to provide with the means or opportunity ----- tauglich
difficult to analyze, understand, or explain; consisting of parts intricately combined ----- kompliziert
commanding a high price ----- kostenintensiv
to be in competition with ----- Wettbewerber
to hold back from doing something because of doubt or uncertainty ----- zögern
information that could be misused if it became unprotected, for example - credit card information, bank account details, etc ----- sensible Daten
to stop, seize, or interrupt in progress or course or before arrival ----- abgefangen
BUSINESS / E - Commerce
In modern times we don't have to physically go to the market, and we don't even need physical goods or currency to conduct business. Electronic commerce is the most recent step in the evolution of business transactions … Electronic commerce, or e-commerce, is a very broad term. E-commerce conducted between businesses is quite different from that which is carried out between a business and its customers. It basically replaces the exchange of money or goods with the exchange of information from computer to computer. The Internet has become the way in which companies advertise and customers make purchases electronically. Many people would like to have an e-commerce enabled website but believe it would be too complicated or costly. However these days, it's a lot simpler than you might think. Having an e-commerce site is possibly one of the best ways to make money from the Internet and the good news is it actually involves very little extra effort on your part. An e-commerce enabled site means:
Your shop is open for business 24 hours a day, 365 days a year.
You have access to a huge potential market.
You can increase your sales with little or no extra administration costs.
You can give yourself a competitive edge over your rivals.
You can access your customers in the comfort of their own home.
Business-to-business e-commerce takes many forms, some of which have been around for years. Electronic data interchange (EDI) is a format for exchanging business information over private networks. It was created to automate and increase the exchange rate of information between companies that regularly do business together. E-commerce is attractive because it reduces the cost of doing business. Sending a few bytes of data over a network is cheaper, faster and more convenient than sending a messenger or making a phone call. The primary concern is security. The Internet is very public, and many people hesitate to send sensitive data over the wires where it might be intercepted. But with so many organizations excited about the benefits of e-commerce, companies are working on increasing the security level on computers in an attempt to improve public confidence in using the Internet and computers to make purchases.
Amazon.com This company is an excellent example of what computers can offer a company and its customers. The company was formed on the Web and has never actually had a traditional store where customers could visit in person. The company simply offers lots of books for sale on its Web site. Consumers find what they like, type in their credit card number and unpack the books a few days later.