Explain advantages and disadvantages of Intra B commerce?
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The need for electronic commerce emerged from the need to use computers more efficiently in banks and corporations. With the increasing competition there was a need amongst organizations to increase customer satisfaction and information exchange. Electronic commerce started with the introduction of electronic funds transfer (EFT) by banks. Over time many variants of EFTs within banks were introduced like debit cards, credit cards and direct deposits.
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Efficient inventory and cash management. Greater utilization of plant and machinery. Effective handling of customers orders. Effective
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