Individual or business involved in e-commerce whether buyers or sellers rely on Internet-based technology in order to accomplish their transactions. our E-commerce technologies are recognized for its ability to allow business to communicate and to form transaction anytime and anyplace. Whether an individual is in the US or overseas, business can be conducted through the internet. The power of e-commerce allows geophysical barriers to disappear, making all consumers and businesses on earth potential customers and suppliers. In e-commerce activities, supply chain and logistics are two most crucial factors need to be considered.

To understand how the e-commerce has affected the society and economy, this article will mention three issues below:

  • The e-commerce has changed the relative importance of time, but as the pillars of indicator of the country’s economic state that the importance of time should not be ignored.
  • The e-commerce offers the consumer or enterprise various information they need, making information into total transparency, will force enterprise no longer is able to use the mode of space or advertisement to raise their competitive edge.] Moreover, in theory, perfect competition between the consumer sovereignty and industry will maximize social welfare.
  • In fact, during the economic activity in the past, large enterprise frequently has advantage of information resource, and thus at the expense of consumers. Nowadays, the transparent and real-time information protects the rights of consumers, because the consumers can use internet to pick out the portfolio to the benefit of themselves. The competitiveness of enterprises will be much more obvious than before, consequently, social welfare would be improved by the development of the e-commerce.
  • The new economy led by the e-commerce change humanistic spirit as well, but above all, is the employee loyalty.[79] Due to the market with competition, the employee’s level of professionalism becomes the crucial for enterprise in the niche market. The enterprises must pay attention to how to build up the enterprises inner culture and a set of interactive mechanisms and it is the prime problem for them. Furthermore, though the mode of e-commerce decrease the information cost and transaction cost, however, its development also makes human being are overly computer literate. In hence, emphasized more humanistic attitude to work is another project for enterprise to development. Life is the root of all and high technology are merely an assistive tool to support our quality of life.

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