... messaging : letters, faxes, telephone callsãBusiness value creation processes : ordering, bookkeeping, inventoryingãAuction, bidding, barteringãRemote education, telemedicine, and other interactive ... coordination❙Applications❘creating a methodology of finding EC business applications❙Strategy❘designing strategic advantage strategy for EC❘initiating “Where to market” strategy❘finding way to Integrate EC into ... (cont.)Regular and EC economics are completely different❙EC involves gathering, selecting, synthesizing, and distributing information❙Economics of EC starts with supply and demand, and ends...