Sunday, September 20

Tag: E Commerce

Advantages and Disadvantages of E-Commerce
Business, Technology

Advantages and Disadvantages of E-Commerce

We live in the age of globalization driven by digital connectedness and unlimited flow of data. One could even say that we are hyper-connected. There are no physical barriers left when it comes to connectivity anymore. And this even translates to our consumerism. As a concept, e-commerce has emerged as a symbol of this very globalization and a key to success in this digital age. So, let us look closely at the advantages and disadvantages of e-commerce. WHAT DOES E-COMMERCE MEAN? E-Commerce or electronic commerce means the process of buying or selling of goods or services electronically on the internet. It involves the transaction of goods and services, transfer of capital, and exchange of data. This is supported by a comprehensive usage of information and communication technology (ICT) a...