Simply, using electronic means/methods to implement commercial activities
... Behind this there is a great changes in habits, culture and traditional activities in commerce world
... new products & services (only a little)
... new markets (only new way to approach markets)
… more important: establish a new methods of transations, increase efficiency, competitive capacity, expansion of markets
IEEE Standards documents are developed within the Technical Committees of the IEEE Societies and the Standards Coordinating Committees of the IEEE Standards Board. Members of the committees serve voluntarily and without compensation. They are not necessarily members of the Institute. The standards developed within IEEE represent a consensus of the broad expertise on the subject within the Institute as well as those activities outside of IEEE that have expressed an interest in participating in the development of the standard. Use of an IE...
The political principle that underlies the market mechanism is unanimity. In an ideal free
market resting on private property, no individual can coerce any other, all cooperation is
voluntary, all parties to such cooperation benefit or they need not participate. There are not
values, no "social" responsibilities in any sense other than the shared values and
responsibilities of individuals. Society is a collection of individuals and of the various groups
they voluntarily form.
The political principle that underlies the political mechanism is conformity.