Business Studies, asked by vidyarathi1725, 11 months ago

Define e- commerce. Describe its advantages.

Answers

Answered by Anonymous
5

Explanation:

E commerce.

the business of buying and selling things over the Internet

Answered by presentmoment
8

Answer:  

E-commerce is a service provided to sell and buy goods and services over the internet. E-commerce is known as the internet or electronic commerce. The transfer of services and goods, data and funds are carried out electronically.

Advantages of E-commerce include:

  • It provides global outreach.
  • It will reduce transaction costs.
  • It facilitates the early delivery of goods.
  • Direct contact establishment between manufacturer and customer.
  • 24*7 availability to customer increase accessibility.
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