differentiate between the first wave and second wave of five electronic commerce characteristics?

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Answer 1

Answer #1

Differences between the first wave and the second wave of five electronic commerce characteristics are the following:

First Wave	Second Wave
(i) Supreme effect of U.S. businesses. Large usage of the English language.	(i) Organizations in many countries are taking part in electronic commerce.
(ii) Slow internet. Dial up modems were used mainly.	(ii) Connections are faster. Broadband connections are used.
(iii) Communications were unstructured. E-mails were used.	(iii) Customized electronic mail techniques are used.
(iv) Traditional advertising techniques were used.	(iv) Employment services are used for advertising.
(v) New companies often began with sponsor/investor money.	(v) Big organizations fund electronic commerce initiatives with their own money.

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Answer 2

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