Benefit(s) of e-commerce is/are __________.
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it saves a lot of time, money and energy in receiving orders and executing the same under the traditional mode of commerce
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the business firm can get quick supplies from the vendors
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for the consumers, the whole world becomes a shop
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all of above
Reveal answer
Fill a bubble to check yourself
D
Correct answer
Explanation
Buying and selling through internet i.e E commerce activities helps in reducing the costs of business transactions as physical stores are not required by an enterprise to function, provides economies of scale that leads to reduction in the price of products and increases the customer satisfaction and maintaining the goodwill of business enterprise.