E-commerce Buyers and sellers together make up e-commerce, short for electronic commerce. Lowering staffing cost:-As in e – commerce, the selling & purchasing process is outline, the amount of interaction with staff is minimized 4. And the term “E-Commerce” obviously is more widespread In this case, you will access a cyber bookstore and download a digital book from a server computer. In a pure e-commerce system, transactions take place via electronic means. E-commerce expands the market place to national and international level. E-Commerce 7 For free study notes log on: www.gurukpo.com 3. 2. It is the process of using the internet to buy or sell online. However, in this book we will only use the term “E-Commerce“, because every business transaction finally is involved in selling or buying of products or services. Comparing E-Commerce and E-Business we come to the subsequent conclusion: E-Business is a more general term than E-Commerce. • E- Commerce is about the sale and purchase of goods or services by electronic means, particularly over the internet. The explanation of these e commerce models is … 1. While e‐business refers to more strategic focus with an emphasis on the functions that occur when using electronic capabilities, e‐commerce is a subset of an overall e‐ business strategy. NOTE: E commerce Models may be also categorized into Business to Government (B2G), Government to Business (G2G), Government to Citizen (G2C) and Peer to Peer (P2P) apart from the above three e commerce business models. E COMMERCE SCCE_CSE Page 2 B.Tech IV/CSE II nd semester Term: 2010-2011 SYLLABUS UNIT-1: Introduction, Electronic Commerce Framework, the Anatomy of E-Commerce applications, E-Commerce Consumer applications, E-Commerce organization applications. E-commerce refers to a dynamic set of technologies, application and business processes that link buyers and sellers through electronic networks to carry out commercial transaction and exchange goods, services and information. E‐commerce seeks to add revenue streams using the World Wide Web or the Internet to build and Ability for creation highly specialized business. ELECTRONIC COMMERCE E-commerce is a transaction of buying or selling online. E-commerce is the transaction between a buyer and a seller, which is done through online technologies. 4. E-commerce decreases the cost of creating, processing, distributing, storing, and retrieving paper based information. Here you can download the free lecture Notes of E Commerce Pdf Notes – EC Notes materials with multiple file links to download. E-commerce is digitally enabled commercial transactions between and among organizations and individuals. It involves ... BBA Notes; Dont Miss Latest Updates. 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