Meaning and Features of EComm Flashcards

1
Q

Meaning

A

Ecommerce is the process of buying and selling or exchange of goods, services or information via a computer network including the Internet.

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2
Q

Ubiquitous

A

Available Everywhere

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3
Q

Global Reach

A

The entire world is our market

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4
Q

Information Density

A

Accurate and Timely data helps grow business

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5
Q

Richness

A

In branding and marketing

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6
Q

Interactivity

A

2-way communication

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7
Q

Universal standards

A

Globally accepted standards

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