FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -Technology refers to the tools and machines that people have invented to make life easier. The most common technology staple in business today is the computer. An early invention that had a huge impact on business was the telephone.

Detailed explanation-2: -Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Detailed explanation-3: -Perhaps the most common technology staple in business today is the telephone. Computers were first used only by the military. Business conducted on the Internet is called a virtual business. Businesses often call their stores and warehouses brick-and-mortar.

Detailed explanation-4: -Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

Detailed explanation-5: -Silicon Valley is a global center of technological innovation located in the South San Francisco Bay Area of California. The area was named after the primary material found in computer microprocessors. Silicon Valley is home to dozens of major technology, software, and internet companies.