What is E commerce, advantages, disadvantages Model of business.
E-Commerce Overview E-Commerce or Electronics Commerce is a methodology of modern business and trading , which addresses the need of business organizations, companies, Enterprise, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. Ecommerce refers to the paperless exchange of business information using the following ways − Electronic Data Interchange (EDI) Electronic Mail (e-mail) Electronic Bulletin Boards, Blogs, notes. Electronic Fund Transfer (EFT) like E money, Other Network-based technologies KEY Features E-Commerce provides the FOLLOWING KEY features − Non-Cash Payment E money − E-Commerce enables the use of credit cards, debit cards, smart cards, electronic fund transfer via bank's website, and other modes of electronics payment. 24x7 Service availability always a life − E-commerce automates the business of enterprises and the way they provide services to their customers. It is availa...
