Business Studies, asked by HeroKrishnaGupta, 1 year ago

what is Impact of e-commerce on business government consumer citizens and Society​

Answers

Answered by jefferson7
1

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.
Answered by bratislava
1

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.

Learn more about the Impact of e-commerce on business government consumer citizens and Society​.

  • brainly.in/question/13030761 answered by jefferson7.
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