______commerce has no time limit it is available 24*7
(a) electronic (b) divisional
(c) traditional (d) digital
Answers
Option (a) electronic
electronic commerce has no time limit it is available 24*7
- E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
- A business transaction conducted online is the traditional definition of e-commerce.
- E-commerce websites include online stores like Amazon, Flipkart, Shopify, Myntra, Ebay, Quikr, and Olx. Global retail e-commerce might total $27 trillion by 2020.
- Since its debut in 1994, Amazon has developed into a titan of the online marketplace. Today, it's one of the first stops for consumers looking to purchase anything from household goods to the newest technology.
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Answer:
Electronic commerce has no time limit it is available 24*7.
Explanation:
Electronic Commerce
Electronic commerce or generally known as E-commerce in which E means electronic network ie Internet and commerce means buying and selling of goods or services.
Thus e-commerce means buying and selling goods and services through the Internet.
Today there are very big companies of e-commerce in the market such as - OLX, Amazon, Flipkart, eBay, Paytm, etc which provide the facility of doing business through the Internet.
The main advantage of using e-commerce is that it is available 24*7 which means users can shop anytime, anywhere. The only requirement is the internet and a device to access it.
Also, many brands are trying to make e-commerce economical and user-friendly. There are many coupons and vouchers that attract customers.
We mostly use e-payments to sell and buy goods and services like- credit cards, debit cards, internet banking, e-wallet, etc.
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