Flashcards

E-commerce

Nikolas Reece CSEC Economics 2016 Inglês 5 flashcards

Flashcards do conjunto (5)

1E-commerceE-commerce is the conducting of business using the Internet. Companies that conduct trade by using e-commerce are e-businesses.
2advantages of e-commerce to consumers• Consumer now have access to arrange of firms from which to purchase
• Goods are cheaper
• Shopping can be done in the comfort of your own home
• It is faster
3advantage of e-commerce to business• The world is the market for the business
• Businesses can grow overnight (no need for brick and mortar building)
• As the entire process is electronic, the owner of the e-business does not have to be present at the business all the time.
4challenges of e-commerce• As the e-commerce grows, some traditional shops lose business
• People might choose to interact with computers rather than people
• Credit card fraud
• The buyer cannot obtain the product immediately
5Strategies to develop E-commerce in the CaribbeanDevelop infrastructure
training entrepreneurs
establish safe payment systems
government policies and certification

Descrição: 2016 CSEC Economics (Section 8 - Caribbean Economies) FlashCards sobre E-commerce, criado por Nikolas Reece em 27-05-2016.
Criado por: Nikolas Reece
Visualizações: 11
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