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What is E- Commerce? Video Lecture | Financial Analysis and Reporting - B Com
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FAQs on What is E- Commerce? Video Lecture - Financial Analysis and Reporting - B Com
| 1. What is E-Commerce? |  |
Ans. E-Commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It involves online transactions between businesses and consumers, making it convenient for both parties to engage in trade without physical contact.
| 2. What are the advantages of E-Commerce? | |
Ans. Some of the advantages of E-Commerce include 24/7 availability, global reach, cost-effectiveness, easy scalability, and the ability to track and analyze customer behavior for targeted marketing.
| 3. How does E-Commerce work? | |
Ans. E-Commerce works by allowing customers to browse products/services online, add items to a virtual shopping cart, proceed to checkout, make secure online payments, and receive their purchases through shipping or digital delivery.
| 4. What are the different types of E-Commerce? | |
Ans. The different types of E-Commerce include B2C (Business-to-Consumer), B2B (Business-to-Business), C2C (Consumer-to-Consumer), and C2B (Consumer-to-Business) models, each catering to specific market segments and transaction types.
| 5. What security measures are in place to protect E-Commerce transactions? | |
Ans. Security measures in E-Commerce transactions include encryption technology, secure payment gateways, SSL certificates, two-factor authentication, and regular security audits to protect sensitive customer information and prevent fraud.
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About this Video
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Dec 23, 2024 Last updated |
Video Description: What is E- Commerce? for B Com 2024 is part of Financial Analysis and Reporting preparation.
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