Electronic commerce is the business environment in which information for the buying, selling and transportation of goods and services moves electronically. Electronics commerce includes any technology that enables a company to the business electronically. Some of the direct benefits of e-commerce are

  • Improved Productivity
  • Cost Savings
  • Better Customer Service
  • Opportunity for New Business
  • Streamlined Business Processes

The principle function of electronic markets is to facilitate the search for the required product or service.
E.g. Airline Booking System or Railway Reservation System

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