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E-COMMERCE
By AMAN KUMAR SINGH
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(Submitted for the Degree of B.Com. Honours in


Accounting & Finance under the University of
Calcutta)

SUBMITTED BY
Name of the Candidate : AMAN KUMAR SINGH
Registration Number: 224-1111-1038-20
Name of the College: SETH ANANDRAM JAIPURIA
COLLAGE
College Roll Number: 2135
CU exam Roll Number: 201224-21-0011

SUPERVISED BY
Name of the Supervisor: DR. RADHANATH PYNE
Name of the College: SETH ANANDRAM JAIPURIA
COLLAGE

MONTH & YEAR OF SUBMISSION:


Date:
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SUPERVISOR'S CERTIFICATE

This is to certify that MR.AMAN KUMAR SINGH a student of B.Com. Honors in Accounting &
Finance of SETH ANANDRAM JAIPURAI COLLAGE, under the University of Calcutta has
worked under my supervision and guidance for his/her Project Work and prepared a Project Report
with the title “E-COMMERCE” which he/she is submitting, is his/her genuine and original work to
the best of my knowledge.

Place: Kolkata Signature:


Date: Name: Dr. Radha Nath Pyne

Designation: PROFESSOR

Name of the College: SETH ANANDRAM JAIPURAI COLLAGE


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STUDENT'S DECLARATION

I hereby declare that the Project Work with the title “E-COMMERCE” submitted by me for
the partial fulfilment of the degree of B.Com. Honours in Accounting & Finance under the
University of Calcutta is my original work and has not been submitted earlier to any other
University /Institution for the fulfilment of the requirement for any course of study.
I also declare that no chapter of this manuscript in whole or in part has been incorporated in
this report from any earlier work done by others or by me. However, extracts of any literature
which has been used for this report has been duly acknowledged providing details of such
literature in the references.

Place: Kolkata Signature:


Date: ……………… Name: Aman Kumar Singh
Registration Number: 224-1111-1038-20

College Roll Number: 2135


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ACKNOWLEDGEMENT
First of all thanks to God, for giving me and my friends the strength and will to complete
this task just in time. Even though we faced a lot of difficulties while trying to complete
this task, the group still managed to complete it and we are glad about it.

A special thanks to Mr …………….. for being such a good guidance to us while we were
doing this task. He had given us an appropriate example and knowledge in order to make
us understand more about this topic. He spends his time to explain the execution of this
idea in all the way.

I also appreciate …………….. for her support to me to do this project in all the way and
made it possible. We also want to thank other groups who were willing to share their
information about this topic. They gave us a lot of new ideas about the task.

Also a great thanks to my family and friends who tried their best to give their support
either by giving me a lot of encouragement to keep up with this task or by supporting us
financially and pay all the cost required to complete this task.

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CONTENTS
S. NO. TITLE PAGE NO.
1. COVER PAGE 1
2. SUPERVISOR’S CERTIFICATE 2
3. STUDENT’S DECLARATION 3
4. ACKNOWLEDGEMENT 4
5. CHAPTER 1: INTRODUCTION
TO E-COMMERCE
1.1: Background
1.2: Introduction
1.3: Difference between E-commerce
& Traditional commcerce

6.

7.

4.

5. CHAPTER 5: BIBLIOGRAPHY

6. CHAPTER 6: QUESTIONNAIRE
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CHAPTER 1:

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1.1: BACKGROUND

HISTORY OF E-COMMERCE

E-commerce was introduced about 40 years ago in its earliest form. Since then,
electronic commerce has helped countless businesses grow with the help of new
technologies, improvements in internet connectivity, added security with payment
gateways, and widespread consumer and business adoption.
With the wide adoption of the Internet and the introduction of the World Wide Web in
1991 and of the first browser for accessing it in 1993, most e-commerce shifted to the
Internet. More recently, with the global spread of smartphones and the accessibility of
fast broadband connections to the Internet, much e-commerce moved to mobile
devices, which also included tablets, laptops, and wearable products such as watches.
Ecommerce has come a long way since the CompuServe launch in 1969. Changes in
technology have certainly driven ecommerce growth, along with global circumstances.
Ecommerce has evolved in many ways since its start, and it’s changing the way we
live, shop and do business. Let’s dive into the history and the future of ecommerce.
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1.2: INTRODUCTION
WHAT IS ECOMMERCE?
E-commerce (electronic commerce or EC) is the buying and selling of goods and
services, or the transmitting of funds or data, over an electronic network, primarily the
internet.
E-Commerce or Electronics Commerce is a methodology of modern business, which
addresses the need of business organizations, vendors and customers to reduce cost and
improve the quality of goods and services while increasing the speed of delivery.
Ecommerce refers to the paperless exchange of business information using the
following ways −

• Electronic Data Exchange (EDI)


• Electronic Mail (e-mail)
• Electronic Bulletin Boards
• Electronic Fund Transfer (EFT)
• Other Network-based technologies

There are some examples of e-commerce are:

• Online shopping: Online shopping is the most popular example of e-


commerce, it involves buying and selling of goods on internet.

• Online payments: when a buyer get product they can make his payment
through net.

• Internet banking: In today’s time banks can offers you internet banking which
is the easiest way of making online payments.

• Online Ticket: We can book our ticket through net whether it is bus ticket,
train ticket, or movie ticket internet can reduces efforts for it.

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Basis E-commerce Traditional System


Reduce Data Error Doesn’t involve data at multi points. The buyer and seller create
Data goes directly from one computer purchase order on their system
to another Computer without involving and send it to their trading
human being. partner. The receiver/seller then
re‐enter the same information on
the computer, which will create
data error.

Reduce cost Initial cost of E‐commerce is Time is directly linked to saving


very high as compared to paper the money. There is repetition of
process but over a long period of same work at every level and it
time, it is very effective. involves a lot of wastage of time
and if the error is arisen that will
lead to more wastage of money.

Reduce Paper work E‐commerce data in the electronic It requires re‐entry of data at each
form make it easy to share it level and requires lot of time. So
across the organization. the peak time is wasted in re‐
entering and printing of the
Reports.

Reduce Processing E‐commerce reduces the When the buyer order in a paper
cycle time processing cycle time of complete format, the data is re‐entered in
cycles as the data is entered the to the Sellers’s computer and
system, it is simultaneously then only processing can take
Processed. place which is a time consuming
process.

Reduce labour No need to maintain large Need to maintain a large number


number of employees, instead of employees because one‐third
there arises the need to manage of labour force is employed to
them more efficiently. fulfill orders from customers.
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CHAPTER 5:

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BIBLIOGRAPHY

WEBLIOGRAPHY
1. www.flipkart.com
2. www.yahoo.com (links and search data)
3. www.google.co.in (links and search data)
4. www.investopedia.com
5. http://en.wikipedia.org/wiki/Mergers_and_acquisitions"

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