Not so long ago, business was simple People shopped in real stores, purchased tangible products, and paid for them with real money.
Today is a different story.
Electronic marketplaces link buyers directly to sellers and businesses to businesses, changing the relationship between customers and their suppliers. People bank at ATMs, telecommute, shop in cyberspace, carry mobile phones and laptop computers. With the increasing use of the Internet and related technologies, these processes are accelerating every day. This new age of eBusiness is blurring the boundaries between organisations and their customers, shortening business cycles, and making virtual corporations a reality. National borders and time zones no longer limit business opportunities.