Global Issues

Abstract

Abstract The Internet not only is transforming the way business is conducted but also is influencing the social and cultural aspects of our lives and has emerged as another enabling technology in the process of globalization and global business expansion. Although Internet technology has spread across the world at a phenomenal rate, this growth has been uneven across world regions. Recent statistics indicate that North America is the dominant region in electronic commerce, with almost three‐fourths of worldwide electronic commerce being conducted in the United States today. Clearly, then, growth of e‐commerce in a country is impacted by economic, geopolitical, legal, and cultural factors. This chapter looks at the various issues that describe the growth of global electronic commerce across world regions.

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