1. ERP AND E-COMMERCE

2. Enterprise Resource Planning [ERP] covers the techniques and concept employed for the integrated management of business as a whole, from the viewpointof the effective use of management resources, to improve the efficiency of an enterprise.
3.

E-commerce or electronic commerce is defined as the complete set of processes that support commercial or business activities on a network .They help in carrying out commercial transactions electronically.

4. (EDI and EFT) which where introduced in the late 1970s. Credit cards,telephone banking etcduring the 1980s time perio d were different types of E-commerce. 5. The dot com collapse in 2000 -2001 affected many pure E-commerce companies badly.