what is commerce and features of commerce
Answers
Answer:
Everything you need to know about the E- Commerce. The term electronic commerce or e-commerce refers to any sort of business transaction that involves the transfer of information through the internet.
By definition it covers a variety of business activities which use internet as a platform for either information exchange or monetary transaction or both at times.
E-commerce means using the Internet and the web for business transactions and/or commercial transactions, which typically involve the exchange of value (e.g., money) across organizational or individual boundaries in return for products and services.
Here we focus on digitally enabled commercial transactions among organizations and individuals.
Electronic commerce, known as E-Commerce, occurs daily when sellers and buyers use the internet to conduct business transactions. Technology makes it possible for anyone to buy or sell practically anything online.
Learn about:-
1. Introduction to E-Commerce 2. History of E-Commerce 3. Meaning 4. Objectives 5. Features 6. Types 7. Need 8. Business Applications
9. Channels 10. Essentials and Procedures 11. Segments 12. Managerial Issues 13. Impact 14. Advantages 15. Disadvantages 16. Threats to Present Day E-Commerce and Its Solution.
Explanation:
Answer:
Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities. From a broad perspective, nations are concerned with managing commerce in a way that enhances the well-being of citizens, by providing jobs and producing beneficial goods and services.
Explanation:
features of commerce
- Economic activity. Commerce is an economic activity. ...
- Profit. Profit is another characteristic of commerce. ...
- Marketing. Commerce involves marketing. ...
- Components of business. Commerce is a component of business. ...
- Utility. Commerce creates place and time utilities to satisfy customers needs.