what is Impact of e-commerce on business government consumer citizens and Society
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What is Impact of e-commerce on business government consumer citizens and Society
Explanation:
E-commerce has had a profound effect on business, government, consumers and society.
- It has enabled businesses to have access to billions of customers. Businesses have been able to generate huge profits and expand to new regions.
- Consumers have been provided with a wide variety of products at very competitive prices.
- Governments have been able to increase revenue collection through taxing e-commerce firms. Governments have also been able to procure items through online platforms.
- E-commerce has made trading easier, convenient, faster and more affordable to consumers.
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Impact of e-commerce on business, government consumer, citizens and Society
Explanation:
- Impacts of E-commerce in business is the transfer of new technology, innovation in product and services, along with the increasing market share of companies.
- The impact of e-commerce on government is more efficient and effective rules and regulations, centralization of administrative procedure. Provides public services such as online books, TV, bulletin boards, etc.
- Impact on consumers, increase of B2C, and C2C business online. Rise of consumer awareness related to products and services. Focus on quality and variety.
- Impacts on society, understanding use of internet and web applications. Buying, selling, and ordering processing by saving time and resources.
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- brainly.in/question/13030761 answered by jefferson7.
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