Advantage and disadvantage of ecommerce and financial regulatory bodies of our country
Answers
There are many obvious and not-so-obvious pros to doing business online. Understanding exactly what they are can help you leverage them to your advantage:Technical Disadvantages. There can be lack of system security, reliability or standards owing to poor implementation of e-commerce. The software development industry is still evolving and keeps changing rapidly. In many countries, network bandwidth might cause an issue.In addition, a single regulator ensures that there aren't any cracks or gray areas in enforcement. Market participants can rest assured that no matter what the particular issue, the regulatory agency will have jurisdiction over it and be able to address concerns.A disadvantage of a free market economy is that businesses may do things that are harmful to the economy, workers, or society because there are few rules and regulations. They could pollution the environment or take risky chances that could send the economy into a recession ...
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