State the difference between traditional commerce and E-commerce.
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Commerce relates to "the exchange of goods and services, especially on a large scale.”[1]
Commerce includes legal, economic, political, social, cultural and technological systemsthat operate in any country or internationally
commercial transactions conducted electronically on the Internet is called e commerce
Commerce includes legal, economic, political, social, cultural and technological systemsthat operate in any country or internationally
commercial transactions conducted electronically on the Internet is called e commerce
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Answer:
There are differences between traditional commerce and E-commerce.
- E-commerce is actually online retailing, a sales channel. But traditional commerce is a brunch of business.
- Traditional commerce and E-commerce is focused on the exchange of products and services and exchange of information electronically respectively.
- Traditional commerce and E-commerce mean traditional store and carrying out commercial transactions respectively.
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