Electronic commerce involves the exchange of information about products and services through communication and data management systems over the internet. It has advantages like 24/7 shopping, lower transaction costs and easier business conduct, but also disadvantages such as security issues, lack of guarantees, and weaker social relationships. The main types of e-commerce are business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer transactions.
Electronic commerce involves the exchange of information about products and services through communication and data management systems over the internet. It has advantages like 24/7 shopping, lower transaction costs and easier business conduct, but also disadvantages such as security issues, lack of guarantees, and weaker social relationships. The main types of e-commerce are business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer transactions.
Electronic commerce involves the exchange of information about products and services through communication and data management systems over the internet. It has advantages like 24/7 shopping, lower transaction costs and easier business conduct, but also disadvantages such as security issues, lack of guarantees, and weaker social relationships. The main types of e-commerce are business-to-business, business-to-consumer, consumer-to-business, and consumer-to-consumer transactions.
Electronic commerce is the interaction between communication systems,
data management systems and security, all of those which interact together and exchange information about certain products or services. As every system known, e-commerce have its advantages and disadvantages Advantages Disadvantages
Buying 24/7 • Security
Decrease transaction costs • Guarantee Conduct a Business Easly • Social Relationships • Impact Comparison in prices • Marketing Types of e-commerce
B2B B2C C2B C2C
Business to Business Business to costumer, Consumer to Business Costumer to
transaction between Costumer companies
Used to transfer transactions Users create Transactions
services and between a productss and between users products between company and a services that are companies costumer used by businesses or institutions