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Welcome if beneficial to the participants

Advertisements and directories, particularly the classified ads and yellow pages, are information intensive means of ?Buyer-Seller Matching? in commerce.

In an end-to-end commerce operation, information flow and processing are most dominant and pervasive. Only a fraction of commercial operations need handling and delivery of goods. Thus, the purpose of commerce is very efficiently served by carrying out bulk of the activities in the ?Realm of Information? and getting into ?Physically Realm? only for delivering the material (Payments are electronic). Now, all that is feasible and practical over the WEB.

It is only desirable that the less efficient, fragmented means of commerce are phased out. Let?s hope that the integrated Web Commerce Service would be less intrusive, fast, economical and fair to all participants. If we foresee any undesirable aberrations, let?s identify and prevent them through technology and or legislation.

Putcha V. Narasimham
putchavn@yahoo.com

Posted by: putchavn   Posted on: 11/11/05 You are currently: a Guest | Members login | Terms of Use

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