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Question
List out advantages of E-commerce.
Short Note
Solution
Advantages of E-commerce:
- 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.
- Electronic transaction: E-commerce reduces the paperwork and significantly lower the transaction cost.
- Anytime shopping: The great advantage of E-commerce is the convenience. A customer can shop 24 × 7.
- No intermediaries: Electronic commerce also allows the customer and the business to be in touch directly, without any intermediaries.
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