Long distance, travelling and delays, pollution all are avoided because one has not to travel to the shop. Sitting at home he gets all the required information and that too very fast without spending much time. The products include items sold in departmental stores, chemist shops, grocery stores, books, stationery, clothes, vegetables, fruits and what not. The growth of E-commerce is restricted as given in Table 20.1. 1. 3. The great development and acceptance of information technology, computer network and Internet have transformed the mode of operation of many businesses, and at the same time have brought along unprecedented business opportunities. 9. But now many countries allow this type of activity through e-mail/e-commerce. The web is particularly useful in creating virtual communities that become ideal target markets for specific types of products or services. Impacts Of E-Commerce On Individuals. In other words e-commerce is for effluent society i.e. E-commerce, Windham says, is a fickle world with little, if any, customer loyalty (Fortune, 2000). In the 21st century, the rapid development of information technology and the rapid increase in information exchange have brought new drives and innovative ideas to the whole society. Simply put, E-commerce is the exchange of business information between two or more organizations. They are adapting to the changing technologies and try to be up-to-date. These are suitable for students and children in class 6 and below. Essay on the Meaning of E-Commerce: “Production, advertising, sales, delivery, and payment realisation for products and services via telecommunication network is called e-commerce”. It is largely limited to durable goods like computers, TV’s, automobiles, books, travel reservation. The types of selling through the use of internet and other electronic devices can be of following types: This implies selling by one business manufactures to other business manufactures, trade, wholesaler or retailer. Speaking in layman’s terms, E-Commerce refers to the entire process of marketing, selling, delivering goods and servicing customers over the Internet. Given below are two essays in English for students and children about the topic of ‘E Commerce’ in both long and short form. Essay on E Commerce: Even today, some considerable time after the so called ‘Internet revolution’, Electronic Commerce (E-Commerce) remains a relatively new, emerging and constantly changing area of business management and information technology. Below we have given a long essay on E Commerce of 500 words is helpful for classes 7, 8, 9 and 10 and Competitive Exam Aspirants. Needs to be plagiarism free! E-Commerce Framework Summary Further reading 2 April 25, 2012 Objectives Describe briefly the past, present and future of e-business Describe e-commerce Provide an example Provide an example Describe e-business Differentiate between e-commerce and ebusiness Describe the components in an e-commerce framework 3 April 25, 2012 How big is E-Business? Privacy Policy 8. As yet in India such sales are only of US$ 100 billion but are expected to go up to US$ 900 billion by 2005 i.e. 10. E-commerce has various impacts, both positive and negative, on individuals. Before publishing your Essay on this site, please read the following pages: 1. In case of service it is becoming popular for banking and share purchases. 6. These are suitable for students and children in class 6 and below. Content Guidelines 2. For instance if some lady wants a bra of exact size, her size can be measured through internet and stored and she will be supplied bra of her requirement. In physical sales place and distance is also a problem which is no problem in e-commerce because one can see sites all over the world without moving out of the house. E-COMMERCE INDIVIDUAL ASSIGNMENT PREPARED BY: NORHAFIZAH BINTI MOHAMED TAN PBS 1332345 FOR: DR. HALIYANA KHALID E-commerce in China – The Problems! For example, Dell Computers Corp., has been selling computers directly to … This long essay on the topic is suitable for students of class 7 to class 10, and also for competitive exam aspirants. Exports to final consumers is possible through e-commerce, not only-just sales but procure­ment, accounts, logistics product development and other related services are also possible through e-commerce. Making an online purchase often requires disclosing personal information such as an address, telephone number and banking or credit card account information. 1340 million every month. There are three main issues with regard to management in IT-related issues. Risk assessment forms a very crucial part of management.… Moreover, E-Commerce is an efficient retail method for business transactions. The market is restricted to high income and educated population who own and know the use of internet. why population in USA use is 50%, in Europe 13 percentage, in poor countries only 1-2 percent and in some countries it is negligible. The electronic signatures acceptance has been legalized by large number of countries but still many more have to take steps in this direction. People today are aware of the common phrase 'e-commerce', but there is a lot more to it then they are aware of. However, the company’s owner has resisted because he is unsure about how ECommerce adoption can help his business. 3. 2. Suppliers, competitors and customers come under one roof through internet websites and massive exhibition of various items is possible. He was born in Porebandar of Gujarat, India on 2 October 1869. Hence, E-Commerce has become the preferred method of shopping for many people. Electronic commerce, or e-commerce, is the buying and selling of goods and services on the Internet. Read this article to learn about the meaning, advantages and disadvantages of E-Commerce. The prospects are, in no doubt, great for E-Commerce and its followers. Many well-established businesses have been selling on-line for years. Key players in e-commerce are consumers and sellers. There are difficulties in searching, surfing, browsing and wandering around the internet which costs both time and money. 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Under this system when some consumer want to dispose off his old items, he can take the help of selling through internet. Consumer is better informed about products, price etc and therefore can make better choice. A firm can use electronic commerce to reach narrow market segments that are geographically scattered. But this type of e-commerce is not very common at least in India and the business is negligible. E-commerce is a general term for any type of business, or commercial transaction that involves the electronic transfer of infor-mation. E-commerce, the idea of online shopping was first put forth by Micheal Aldrich in 1979.He had connected a modified domestic TV to a real-time transaction processing computer via a domestic telephone line.Later in 1990,when Tim Berners-Lee invented the world wide web, e-commerce has got a scope to expand itself. This website includes study notes, research papers, essays, articles and other allied information submitted by visitors like YOU. However, each section will have a strict limitation of words, so make sure to divide 200 words between them accordingly. It is true that going to markets or malls to shop will never go out of fashion but E-Commerce is also here to stay and become more advantages and get comfortable with it. E commerce or electronic commerce is defined as the sale and purchase of goods and services through internet as the medium through the different sites on the internet. In most of the cases whole process takes couple of minutes and goods reaches the consumer within half an hour to one hour if he is a local consumer, it is claimed so by sellers. The fast and dramatic changes in information technology specially in last one decade has given new concept of marketing in which buyer and seller do not see each other face to face nor see the goods physically; the whole transaction is carried out with the help of ‘on line’ communication. Sometimes there could be flood of orders for any particular product which makes problem of timely supply to consumer. He then places an order intimating the mode of payment which is generally through credit card or e-banking and advise the bank where he has credit card to debit the amount to his account. The wide adoption of information technology by the community has led to great changes. Goods are available at cheaper price because there are lot of economies of space, rent, interest to the seller Further, he manages with much lesser number of outlets and cost of marketing is reduced. 10. It is the companies that began in E-Commerce that have become leaders in the E-Commerce B2C sector, such as Netflix and Amazon, now the two biggest E-Commerce businesses in the US (Alexa Internet, Inc., n.d.) B2B: Business to Life has become very busy these days. Identify a company that uses outsourcing specifically for e-Commerce functions and the type of outsourcing that is used. Availability- e-commerce is readily and easily available to consumers. The paper “Business Management in E-Commerce” is a convincing example of the essay on e-commerce. Electronic commerce refers to expansion of the buisness market and maintaining the relationship with the customers by using telecommunication networks . In other words e-commerce is for effluent society i.e. 9. Cramming all you know about a subject in 200 words … Customized or personalized product and service. He has to search internet/websites information on internet, make the purchase domain and the payment. Copyright 10. EDI is one of the latest technologies being used in the maritime industry. Then there is the issue of inability to feel the product physically or check it with your own hands while buying. The railroad mastered distance - e-commerce eliminates it. 8. While many people feel making an online purchase does not compromise their personal information, some still prefer not to take a chance of having their account information accessed by a third party, and will only make their purchases at a storefront operation. 100- 200 Words Essays, Notes, Articles, Debates, Paragraphs & Speech in English ... Short Essay on 'Mahatma Gandhi' (200 Words) Full name of 'Mahatma Gandhi' was Mohandas Karamchand Gandhi. Part of these savings is passed on to consumer and therefore, he gets the products cheaper than from conventional shops/departmental stores, grocers etc. Thus small suppliers cannot get business through internet. Essay on E-Commerce: Meaning, Advantages and Disadvantages. E-commerce consists of many things. It has revolutionized the way companies do business. E-Commerce Essay 612 Words | 3 Pages. 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