Question

Explain e-trading? Explain advantages and disadvantages of e-trading.

Answer 1

here is your answer...

e-trading is important in trade with the help of this we update ourselves.

advantage-

1. control stock availability, keep records and update marketing and production figures and statistics.

2. improve communication by facilating correspondence through email,fax,and the internet.

3. prepare account and balance sheet,and database to store staff and customer details.

4.provide better services to customers; buying/selling procedures are fast and are available 24×7.

disadvantage-

1. it has great chance for hacking.

2. money payment have always creat risk.

hope it will help you...