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Unit 16Electronic commerce Text The term electronic commerce is heard frequently in modern society. It is one of the most common business terms in use as we embark on the 21 century. So what exactly is E-commerce? It tends to mean different things to different people. Some people say it’s the application of advanced information technology to increase the effectiveness of the business relationship between Trading Partners; it’s the enablement of a business vision supported by advanced information technology to improve efficiency and effectiveness within the trading process; it’s a mix o