GCSE ICT
Globalisation & ICT
Theory
ICT has provided the means for us to be able to sell and purchase goods with people in other countries. There are literally millions of websites that allow you to purchase goods from companies abroad. You can purchase almost anything your heart desires, from ball bearings to xylophones. All you need to do is find the site, place an order and have a method of paying electronically. |
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Auction sites such as ebay have enabled individuals to buy and sell their items to others. The buyer generally pays for the postage. |
E-commerce and international trading has prospered because ICT has made it possible to pay electronically. In the past, if you wanted something from abroad, you would have to either telephone the company or order from their catalogue and then send a cheque. It could take a couple of weeks for the cheque to arrive, the company would then want to cash the cheque before sending you your goods. So, from ordering to receiving your goods, there could be over a month's delay. With electronic payment, the company recieves the money almost instantly and your goods are shipped to you, usually the same day. |
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