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What is definition of e-commerce and whats advantages

E-commerce refers to the purchase and sale of goods and/or services via electronic channels such as the Internet.

MasterXi having a talk of e-commerce to the Students of Account and Finance Department of Management and Science University


Electronic commerce or e-commerce is a term for any type of business, or commercial transaction, that involves the transfer of information across the Internet.

E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

There are 7 basic advantages of e-commerce:
-Faster buying/selling procedure
-Easy to find products
-Buying/selling 24/7
-No theoretical geographic limitations
-Low operational costs
-No need of physical company set-ups
-Easy to start and manage a business

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