What are the five features of e-commerce?

Features of E-commerce :

Hence, Which is not a feature of e-commerce?

Solution(By Examveda Team)

BPR is not a feature of eCommerce. Business process re-engineering is a business management strategy, originally pioneered in the early 1990s, focusing on the analysis and design of workflows and business processes within an organization.

Consequently, What are the uses of e-commerce? E-commerce brings convenience for customers as they do not have to leave home and only need to browse website online, especially for buying the products which are not sold in nearby shops. It could help customers buy wider range of products and save customers’ time. Consumers also gain power through online shopping.

What are the main objectives of e-commerce? The primary goal of e-commerce is to reach maximum customers at the right time to increase sales and profitability of the business. Functions of e-commerce include buying and selling goods, transmitting funds or data over the internet.

In addition, What is important for e-commerce? Ecommerce offers business a whole range of opportunities, from marketing opportunities to increasing your products ranges to generating more sales and with an optimised and well developed website you can not only achieve these goals but also offer your customers a round the clock, convenient service, that can boost

Which of the following is basic requirement of e-commerce?

As any transaction potentially done through an e-commerce site involves real people and real money, it comes under the purview of law and having a registered business is a basic legal requirement.

What are the 8 unique features of e-commerce?

Terms in this set (8)

• Ubiquity. internet/web tech is available everywhere.
• Global reach. tech reaches across national boundaries which makes marketspace potentially billions.
• Universal Standards.
• Richness.
• Interactivity.
• Information density.
• Personalization/Customization.
• Social Technology.

Which of the following is not a component of e-commerce process in Mcq?

Solution: C2B is not one of the major types of e-commerce.

What is e-commerce Mcq?

Answer & Solution

Answer: Option A. Solution: Doing business electronically describes e‐commerce. E-commerce (EC), an abbreviation for electronic commerce, is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

What is the conclusion of e-commerce?

E-Commerce is not an IT issue but a whole business undertaking. Companies that use it as a reason for completely re-designing their business processes are likely to reap the greatest benefits. Moreover, E-Commerce is a helpful technology that gives the consumer access to business and companies all over the world.

What are the benefits of e-commerce?

Understanding the advantages of ecommerce

• Faster buying process.
• Store and product listing creation.
• Cost reduction.
• Affordable advertising and marketing.
• Flexibility for customers.
• No reach limitations.
• Product and price comparison.
• Faster response to buyer/market demands.

Why E-commerce is required?

Empowering Customers

E-commerce has gone a long way in empowering consumers through the internet. Through their websites and online advertisements, businesses can communicate with their clients, provide information on new products and complete sales.

What are the functions of e-business?

What are eBusiness functions?

• Accounts/Billing. Financial processes become more streamlined, small business processing can be centralised and simplified.
• Inventory control.
• Procurement.
• Human Resources.
• Marketing.
• CRM.

What are advantages of e-commerce?

Advantages Of E-Commerce. There’s a reason vendors like Amazon choose to do business online. It gives them some unique advantages over their store-bound competitors. The biggest advantages are the low costs, the flexibility and speed, and the high levels of data.

Which of the following is not an example of e-commerce site?

The correct answer is Google Maps. Among the options, the only google map is NOT an e-commerce website. Google Maps is a web mapping service developed by google for route planning for traveling by foot, car, bicycle, air (in beta), and public transportation.

Which is function of e-commerce?

There are three key functions of e-Commerce – marketing, finance and supply chain – which sit outside the set-up of the e-commerce website itself. You cannot do e-Commerce without marketing your store, managing payments and managing deliveries.

Which of the following are the products of e-commerce?

Which of the following is part of the four main types for e-commerce Mcq?

Solution(By Examveda Team)

B2B, B2C and C2B is part of the four main types for e‐commerce.

Which of the following is not an example of e-commerce?

Discussion Forum

What is E-Commerce essay?

Meaning of E-Commerce:

In the e – commerce internet provides information about goods and services “It is” a way of conducting imaging and executing business transactions and services through electronic media and net working in computers and communication net work, websites, e-mail are resorted.

What are the impacts of E-Commerce?

E-commerce also saves time, as well as the process of selection and payment in online shopping, is quite short. There is no requirement to go to offline stores, so here you can save travel time too. Lower Prices: In offline stores, many middlemen were involved due to these consumers have to pay more.

What is E-Business and its features?

E-business is a term used to describe transactions in business that are conducted on the internet. So, it is a type of business in which the buyer and seller do not meet in person. ‘E-Business is any type of business transaction, which includes selling goods and providing services to the consumer through the internet.

What are the main activities of e-commerce?

Activities of E-Commerce are :

• Buying and selling product online.
• Online ticketing.
• Online Payment.
• Paying different taxes.
• Online accounting software.
• Online customer support.

Which of the following are the key characteristics of e-business?

Features of Online Business

• It is easy to set up.
• There are no geographical boundaries.
• Much cheaper than traditional business.
• There are flexible business hours.
• Marketing strategies cost less.
• Online business receive subsidies from the government.
• There are a few security and integrity issues.
• There is no personal touch.

What is the process of e-commerce?

eCommerce (also known as electronic commerce) is the process of buying and selling products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business without the constraint of distance and time.