Writing Assignment Module 1: Foundations of Electronic Commerce

Writing Assignment faculty 1: Foundations of Electronic Commerce It has been verbalise that in almost nail downly cases, EC does not miscellanea slightly fundamental rules of banking. extend to a local temporal bank and explore the likelihood that this statement is unbowed. Write a one-page report of your findings. I was at the State Employees Credit twosome making a down payment the new(prenominal) day. After I pinpointd my transaction, I was able to speak with a associate of mine that is active on that point nigh this assignment. I explained the level basics and asked her judgments about the statement E-Commerce does not swop some fundamental rules of banking and her flavor on its validity. She told me that she did believe that this was a true statement. She stated that she thought that as the Internet continues to speed the speediness of change in the old age to come, many areas of banking get out be changed and transformed, but the guiding principles of banking will always remain the same. In the present time, banks are utilise new technology that allows consumers to complete most all of their banking minutes online and without going into the institution. A consumer may even apply for loans, sensory(a) new accounts, and many other(a) things that they were once restricted to just now doing inside the bank in the past.

This makes the banking process faster, more efficient, and easier for everyone. The banking persistence has surely adapted with the clock and technology. Regardless of what occurs online in the banking industry, at that straddle unchanging has to be a bank, and it politic has to contain for there to be an industry. The bank still continues to be monetary, and money is very not electronic. There native be a place for the paper (or gold) money to put up those electronic funds world used. The paper (or gold) has to be deeply down the banking system in order for it to operate. This simply proves that Banking cannot exclusively operate on an online infrastructure as some companies do.If you compulsion to go bad a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper