Question

write an article on E-commerce as a mode of communication under global business​

Answer 1

Explanation:

• E-commerce affects economic variables and growth rates. It leads to higher wages, higher standards of living for individuals, structuring markets and expanding marketing, increasing sales and exports and thus increasing production and growth rates. ... This sector accounts for 60% of the world's total production.

Answer 2

It affects the development rate and economic elements, thereby having an impact on business globally.

• E commerce arises serves as the linkage between the consumer and a seller and helps to build an economy.  It is a crucial part of a business, since it tries and wants to fulfill human needs.
• Countries can trade their surplus goods with the assistance of transportation and communication growth and receive a foreign exchange, which is very useful for importing machinery and sophisticated technology.
• Commerce guarantees the country's faster economic growth by leveraging and communicating the best trade practices.
• There is a need for e commerce as it leverages the innovative technologies and business methodology and also gives rise to employment opportunities, thereby capturing global markets