Introduction to the Internet and Online Auctions
Introduction to the Internet and Online Auctions
The Internet is a network of networks that links together computers using the TCP/IP protocols. A definition of the Internet is (1) a global network connecting millions of computers. The World Wide Web (WWW) uses the internet services and more to allow users to share documents, images and various other types of media. Webopedia define the World Wide Web as (2) a system of Internet servers that support specially formatted documents. The documents are formatted in a markup language called HTML (HyperText Markup Language) that supports links to other documents, as well as graphics, audio, and video files. This means you can jump from one document to another simply by clicking on hot spots. Not all Internet servers are part of the World Wide Web.
Therefore from the above definitions it would be fair to say that the Internet acts as the transport vehicle for the information stored on the World Wide Web. It is often misconstrued that information is found on' the Internet, it would be more accurate to say that the information is found via' the Internet.
Online Auctions were introduced in approximately 1995 and have been one of the largest growing businesses on the World Wide Web. Online Auctions are a way of buying and selling pretty much anything via the Internet. Made popular by eBay and now found on dozens of different sites, these online auctions allow buyers and sellers to come together to trade all kinds of items. BitPipe define an online auction as (3) use of the Web to match buyers and sellers around the globe pioneered by eBay.
Some online auction sites allow buyers and sellers to register and trade while others are specifically for the one company to sell items. For example some travel agents operate online auctions to sell late availability offers to the highest bidder.
The Growth of Online Auctions
Since online auctions were introduced approximately 10 years ago there has been an
The Internet is a network of networks that links together computers using the TCP/IP protocols. A definition of the Internet is (1) a global network connecting millions of computers. The World Wide Web (WWW) uses the internet services and more to allow users to share documents, images and various other types of media. Webopedia define the World Wide Web as (2) a system of Internet servers that support specially formatted documents. The documents are formatted in a markup language called HTML (HyperText Markup Language) that supports links to other documents, as well as graphics, audio, and video files. This means you can jump from one document to another simply by clicking on hot spots. Not all Internet servers are part of the World Wide Web.
Therefore from the above definitions it would be fair to say that the Internet acts as the transport vehicle for the information stored on the World Wide Web. It is often misconstrued that information is found on' the Internet, it would be more accurate to say that the information is found via' the Internet.
Online Auctions were introduced in approximately 1995 and have been one of the largest growing businesses on the World Wide Web. Online Auctions are a way of buying and selling pretty much anything via the Internet. Made popular by eBay and now found on dozens of different sites, these online auctions allow buyers and sellers to come together to trade all kinds of items. BitPipe define an online auction as (3) use of the Web to match buyers and sellers around the globe pioneered by eBay.
Some online auction sites allow buyers and sellers to register and trade while others are specifically for the one company to sell items. For example some travel agents operate online auctions to sell late availability offers to the highest bidder.
The Growth of Online Auctions
Since online auctions were introduced approximately 10 years ago there has been an