which of the following describes e commerce?
Answers
Answer:
E-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.
Answer:
E-commerce is the practice of transacting business online. Electronic commerce, or "e-commerce," is the term for the buying and selling of products and services as well as the transmission of money and data through electronic networks, chiefly the internet.
Explanation:
Doing business electronically describes e-commerce.
Definition of E-commerce;
E-commerce- is a form where selling and buying take place over internet.
Features of E-commerce;
E-commerce is a business platform where goods and services are operated through internet or electronically.
E-commerce are characterised in four markets specially;
- Computers
- Tablets
- Smartphones
- Smart Devices
- The transactions while buying the products occur through funds or data online.
- The handling of services is powered by the internet where people can make the use of devices such as smartphones.
Types of E-commerce;
- There are three types of E-commerce;
1.Business to Business- where services are made through one business through another.
2.Consumer to Consumer- where private business take place.
3.Business to Consumer- people can save time while buying the products online.
Hence, E-Commerce take place through online mode of buying and selling of goods and services.