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    The document defines e-commerce as doing business electronically or any form of business transaction where parties interact electronically rather than physically. It notes that e-commerce involves the exchange of digital information through technology and avoids time and place constraints. It also lists some key characteristics and functions of e-commerce, including advertising, payment settlement, inventory management, and its scope such as online shopping, production processes, and mobile commerce.

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    The document defines e-commerce as doing business electronically or any form of business transaction where parties interact electronically rather than physically. It notes that e-commerce involves the exchange of digital information through technology and avoids time and place constraints. It also lists some key characteristics and functions of e-commerce, including advertising, payment settlement, inventory management, and its scope such as online shopping, production processes, and mobile commerce.

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    36 views8 pages

    DMBS Bcom I Tax

    Uploaded by

    SaiShankar H
    The document defines e-commerce as doing business electronically or any form of business transaction where parties interact electronically rather than physically. It notes that e-commerce involves the exchange of digital information through technology and avoids time and place constraints. It also lists some key characteristics and functions of e-commerce, including advertising, payment settlement, inventory management, and its scope such as online shopping, production processes, and mobile commerce.

    Copyright:

    © All Rights Reserved
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    of 8

    DIMENSIONS AND

    METHODOLOGY OF
    BUSINESS STUDIES
    Module 3
    Technology Integration in
    Business
    E- Commerce

    E-commerce is the buying and selling of goods and


    services, or the transmitting of funds or data, over
    an electronic network, basically the internet
    Definition of E-commerce

    1. E-commerce is defined as “doing business


    electronically”.
    2. E-commerce is defined as “any form of business
    transaction in which the parties interact
    electronically rather than by physical exchange or
    direct physical contact.
    CHARACTERISTICS OF E-COMMERCE

    1. Exchange of digital information


    2. Technology based
    3. Levels of E-commerce
    4. Avoids time and place constraints
    5. Inter and Intra Organisational
    Functions of E-commerce

    1. Advertising and Shopping


    2. Medium of negotiation
    3. Payment settlement
    4. Information
    5. Communication
    6. Inventory Management
    7. Process Management
    8. Database Management
    Scope of E-commerce

    1. EDI
    2. Online shopping
    3. Production Process
    4. Internal business processes
    5. M-commerce
    6. E-payment
    7. Drone Delivery System
    Thank You

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