Electronic commerce (E-commerce) refers to companies and individuals that buy and sell goods and services over the Internet. Ecommerce operates in different types of market segments and can be conducted over computers, tablets, smartphones, and other smart devices.
2. What is E- Commerce
Electronic commerce (E-commerce) refers to
companies and individuals that buy and sell goods and services
over the Internet. Ecommerce operates in different types of
market segments and can be conducted over computers, tablets,
smartphones, and other smart devices.
Nearly every imaginable product and service is
available through e-commerce transactions, including books,
music, plane tickets, and financial services such as stock
investing and online banking.
3. DEFINITION
E-commerce or electronic commerce is
a process of buying and selling goods and/or
services via electronic channels such as the
Internet to reduce cost and improve the
quality of goods and services while increasing
the speed of delivery.
5. DISADVANTAGES
1. High risk of Internet start-up Organizations
2. Lack of a blueprint for handling E-commerce
3. E-commerce is not free
4. Security
5. Customer relations problems
6. System and Data Integrity
7. Products People Won’t Buy Online
8. Corporate Vulnerability
9. Fulfillment problems
10. System scalability
6. 1. Document Automation in Supply Chain and
Logistics
2. Domestic and International Payment
Systems
3. News Groups
4. Enterprise Content Management
5. Online Banking
6. Online Shopping and Order Tracking
7. Instant Messaging
8. Online Office Suites
9. Social Networking
10. Electronic Tickets
11. Digital Wallet Management
12. Teleconferencing
