ICT- REVOLUTIONIZES E-COMMERCE AND E-BUSINESS

In the emerging global economy, E-commerce and E-Business have increasingly become a necessary
component of business strategy and a strong catalyst for economic development. The integration of information and communications technology (ICT) in business has revolutionized relationships within organizations and those between and among organizations and individuals. Specifically, the use of ICT in business has enhanced
productivity, encouraged greater customer participation, and enabled mass customization, besides reducing costs.