Business Studies, asked by silenceplease2006, 1 month ago

As consumer technologies have advanced, societal habits have changed. Even a decade ago, if you had to buy something, you would have to get out of your home, reach your neighbourhood store, collect that item and turn back.With smartphones in every hand now, and with the presence of some of the biggest global E-commerce platforms in India's retail ecosystem, one of the social habits that have undergone a radical change is the purchasing behaviour.Presently, most people would instead buy goods online than venture out. The market for E-commerce in India is enormous and expanding almost daily. As the footprints of the internet reach out to smaller villages and hamlets, E-commerce needs of today's business world cannot be overlooked. Traditional business is the system of buying and selling goods that has reigned supreme for hundreds of thousands of years. The barter system was the first-known form of traditional commerce. Any activity that facilitates the exchange of goods and services against money is traditional commerce.Once the exchange of goods and services is completed, traditional business is over.This type of commerce is present across the world. In many poorer nations in South America, Asia and Africa, it is still the only sort of buying and selling recognised and practised.On a broader note, it entails the customer's visit to a market or a local store, choosing all required goods, ensuring their quality, paying for them and heading home. E-commerce can be defined as the exchange of goods and services online, i.e. via the internet. Nowadays, almost all the major E-commerce players serve everything we need – from food items to toiletries – on their platforms. Support, logistics, delivery, bookings, payments and everything else is made via electronic medium. E-commerce has no boundaries. It is a global phenomenon. For example, if you are searching for a book on Amazon's Indian platform, and you realise that your required book is available only overseas, you have the option to purchase from that specific countr

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Answered by jiyarajput0
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omg this is very big am not interested okk

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