Why has the internet caused such an explosion in e-business, Risk Management

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Why has the internet caused such an explosion in e-business

1. Why has the Internet caused such an explosion in e-business when electronic data interchange has been available for decades?

2. Consider again the example of Lands' End and its use of Internet commerce as discussed in the text.

In a business where customers want to know fairly definitive delivery dates, what are the risks of using periodic processing on orders? Does the processing of orders several times each hour negate the disadvantages of periodic processing?

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Risk Management: Why has the internet caused such an explosion in e-business

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