Chapter I: The Basics Of Online Trading:Online Markets .

Chapter I: The Basics Of Online Trading:

Online Markets .
Market is a place of trading and transactions and relationships for the exchange of products and services And information and funds.When the online market status of the trade were in no building or the like, but Is replaced by a network contains business transactions. Participants in the market of online vendors and buyers The two brokers are not only in different places, but rarely know each other. Methods of communication between Individuals in the online market may vary from individual to another and from one case to another.

Information Systems Between The Institutions And Online Markets :
Interogranization Information Systems based on the exchange and the flow of information between two or more.Main purpose is to rid the transactions effectively sending Remittances, invoices and bills of exchange through external networks.In these systems, all the relations between Parties concerned have agreed upon in advance, there are no further negotiations, but solely on the implementation of what has been agreed In advance.While the buyers and sellers in online markets and negotiating in the bid price and agree on a particular bill, and carry out the agreement they are online or not connected to the network.Systems between Institutions are used only in applications for corporate enterprises, while the online market is used Applications for companies in the corporate applications enterprises to consumers.

Information Systems Between The Institutions .
Field :
Information systems between the institutions is the system that links between a number of commercial and often include a company and supplier and the consumer.Information systems and through inter-institutional buyers and sellers can organize And the order of routine commercial transactions. The exchange of information through networks of contacts have been established in Are not suitable for the use of phones and paper documents and communications business. Previously, the information systems Between institutions has been carried out through networks of communication, but the trend now is to use the Internet To these ends.
Types of information between the institutions:
Electronic Data Interchange EDI:
Contact companies to provide companies a secure value-added networks.
Extranet:
Which contact companies on asecure online network.
Electronic Funds Transfer
Electronic forms
Integrated communication :
It is the the process of sending emails and documents via fax to send a unified system of electronic.
Shared databases :
And that the information stored in databases are from the preview By all parties involved in trade. The purpose of this sharing is to reduce the time required To send and receive data if the data were not open to all. And sharing a cross-network Additional.
Supply Chain Management:
Is cooperation between companies, suppliers and consumers in the area of Portending demand and inventory management applications and an end to trade cooperation, which leads The reduction of stock and to accelerate the shipment of the goods and to allow real-time manufacturing.