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List out advantages of E-commerce. - Information Technology

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Question

List out advantages of E-commerce.

Short Note

Solution

Advantages of E-commerce:

  1. Global scope: E-commerce provides the sellers with a global reach. Now sellers and buyers can meet in the virtual world, without the barrier of place.
  2. Electronic transaction: E-commerce reduces the paperwork and significantly lower the transaction cost.
  3. Anytime shopping: The great advantage of E-commerce is the convenience. A customer can shop 24 × 7.
  4. No intermediaries: Electronic commerce also allows the customer and the business to be in touch directly, without any intermediaries.
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Chapter 6: E-Commerce and E-Governance - Exercises [Page 89]

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