Write a short note ona). E-Comerce
b). E-Banking
c). Internet
Answers
Answer
a) E-Commerce - E-Commerce or Electronic Commerce is the buying and selling of products and services by business and consumer over the Internet.
- E-Commerce is a paperless exchange of business information using EDI, Email, electronic funds transfer etc.
b) E-Banking - Electronic Banking or Net Banking is a service provided by banks through which a customer can access his bank account and conduct banking transactions over the Internet by using a PC or Mobile.
- Eg. Paying bills, Checking accounts etc.
c) Internet (INTERconenection NETwork) - In simple terms Internet is a network of the interlinked computer networking worldwide, which is accessible to the general public. Internet is such a huge network of several different interlinked networks relating to the business, government, academic and even smaller domestic networks.
Therefore, Internet is known as the network of all the other networks. These networks enables the Internet to be used for various important functions, which include the several means of communications like the file transfer, the online chȧt and even the sharing of documents and websites on the WWW or the World Wide Web.