Question

“Causes or Effects of the Expansion of E-commerce". (300-350 words)​

Answer 1

Answer:

E-commerce facilitates the fundamental movement of goods from suppliers to customers. They offer an ideal commerce development to do digital business and improve the global presence.  

 

E-commerce has altered the workflow of the business. With its introduction, E-commerce has a significant impact on society and business at a global level. 

 

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Let us discuss the impact of E-commerce on customers and the economy – 

 

Role of E-commerce in Business

 



 

The primary way in which E-commerce will affect the economy is its impact on productivity and inflation. The continuous expansion of electronic commerce can lead to downward pressure on inflation through increased competition. 

 

The role of E-commerce in business is that it helps in the exchange of goods and services through electronic support. Electronic business has grown significantly since the internet has launched.