ONLINE BUSINESS Flashcards
1
Q
What is E-commerce
A
E-commerce refers to digitally enables commercial transactions that occur between and among individuals and organisations
2
Q
What can E-commerce include
A
Business to consumer
Business to business
Consumer to consumer
3
Q
What are the opportunities of E-commerce
A
24 / 7 global access to customers
Online ordering systemns reducing chance of human error
Eletronic stock managment systems
BEtter communications with customers - email, websote, social media etc
Reduce netwrok of expensive shops
Mass customisation of products easier
4
Q
What are tre the threats of e commerce
A
reduced sales from shop
Sisk o fconsumer disatisfaction (delievery time, less chancew to ttry products
competition froom digitak computers
