Business Skills for E-Commerce

1920 Words8 Pages
Contents Introduction 3 a) Discuss the global impact of E-commerce on society 4 b) Present the main advantages and disadvantages of e-Commerce 6 Advantages: 6 Disadvantages 7 c) Explain the impact, including the risks, of introducing an e-Commerce system to the company 8 Conclusion 10 References 11 Introduction In the developing global economy, E-commerce have gradually become a crucial element of business model and a solid promoter for economic development. With its outcome of smoothing the marketplace, E-commerce joined with the appropriate plan and policy approach permits for small and medium enterprises to contest with big and capital-rich businesses. Electronic commerce has heightened productivity, reduced the cost of managing a business, facilitating for media advertising worldwide. (National, 2011) Discussing about the advantages and disadvantages of E-commerce it will be easier to realize how to conduct a business over the internet. Electronic commerce has benefits and risks which needs to be considerate before business to be launched online. E-commerce is characterized by its impact, it is accessible just about universally, at all times. It releases the market from being limited to a physical space and give the possibility to shop from peoples comforts, from their home, when they are at work and also with the benefit of mobile technology, it can be done anytime, anywhere. a) Discuss the global impact of E-commerce on society Understanding of E-commerce Electronic—in this discussion the meaning is sustained by computers and computer networks. Commerce—the exchange of goods and chattels, ideas, services, and social interaction among entities, groups, organizations, or governments; might or might not involve payments. When it is considered the influence of E-commerce on the worldwide
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