Electronic Commerce is basically the process of buying, selling, transferring, or exchanging products, services, and information via computer networks, including the Internet. The structure of the website will open the door for the company to venture into Electronic Commerce that enables the site to perform Business to Business (B2B) and Business to Consumer (B2C) activities, thus allowing online transactions to take place.
The introduction of Electronic Commerce in the travel and tourism industry brings a lot of benefits and convenience to NYTS. It not only helps to boost the overall performance in terms of revenue and efficient customer services for NYTS but also improves their management operations. The most significant improvement of the online business plan is that it is less time consuming and uses lesser manpower compared to the physical shop front.

Analysis
Strengths
· FMtravel.com does not only engage itself in travel and tourism but also in hospitality businesses......

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Title: Statement Of Requirements
Approximate Word Count: 1631
Approximate Pages: 7 (250 words per double-spaced page)

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