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  • 03 RD Lesson

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    Fatima Zohra
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    Electronic trade, also known as e-commerce, involves using the internet to buy and sell goods and services. Electronic trading brings together buyers and sellers on an electronic trading platform in an efficient manner. The goal of electronic trade facilitation is to improve the operational efficiency of international trade procedures, documentation, and data exchange. Key functions of electronic trade facilitations include minimizing required commercial information, simplifying approval procedures, and facilitating quick response and just-in-time strategies.

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    03 rd lesson

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    Electronic trade, also known as e-commerce, involves using the internet to buy and sell goods and services. Electronic trading brings together buyers and sellers on an electronic trading platform in an efficient manner. The goal of electronic trade facilitation is to improve the operational efficiency of international trade procedures, documentation, and data exchange. Key functions of electronic trade facilitations include minimizing required commercial information, simplifying approval procedures, and facilitating quick response and just-in-time strategies.

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    3 views1 page

    03 RD Lesson

    Uploaded by

    Fatima Zohra
    Electronic trade, also known as e-commerce, involves using the internet to buy and sell goods and services. Electronic trading brings together buyers and sellers on an electronic trading platform in an efficient manner. The goal of electronic trade facilitation is to improve the operational efficiency of international trade procedures, documentation, and data exchange. Key functions of electronic trade facilitations include minimizing required commercial information, simplifying approval procedures, and facilitating quick response and just-in-time strategies.

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    Lesson 03 :

    Electronic trade :

    1. Definition of electronic Trade or e- commerce :

    E-commerce (electronic commerce) The use of the Internet to buy and sell goods and services.

    Electronic trading : is a method of trading using information technology to bring together buyers and
    sellers on an electronic trading platform.

    2. Goal and Functions of Electronic Trade Facilitation :


    The goal of electronic trade facilitation is to improve the operational efficiency and effectiveness of
    procedures, documentation flow and data exchange in international trade transactions.
    specific functions of electronic trade facilitation.

    3. Functions of Electronic trade facilitations :


    *Minimisation of commercial information required.
    *Simplification of approval procedures (e.g. through authorisation of traders).
    *Facilitation of quick response (QR) and just-in-time (JIT) strategies.

    *Some useful vocabulary related to Electronic-trade translated into Arabic :


    Automated Transactions= ‫معامالت االلكترونية‬

    Credit card=‫بطاقة ائتمانية‬

    Shopping cart=‫عربة التسوق‬

    Order confirmation=‫تأكيد الطلب‬

    Merchandising=‫الترويج‬

    Return policy=‫سياسة االسترجاع‬

    Order confirmation =‫تأكيد الطلب‬

    E-Commerce Platform =‫منظمة التجارة االلكترونية االلكترونية‬

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