Deffintion of e commerce?
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E-commerce, as defined by various studies, refers to the buying and selling of goods or services over the Internet. It involves online transactions between businesses and consumers, facilitated through electronic platforms. Research highlights that e-commerce offers numerous advantages such as increased convenience, wider reach, and potential cost savings for both suppliers and consumers. However, challenges like adapting to new paradigms, legal considerations, and the need for data protection are also emphasized in the literature. The evolution of e-commerce has transformed traditional business models, requiring organizations to understand customer values, adapt to virtual market demands, and leverage the opportunities presented by online platforms.
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| Papers (5) | Insight |
|---|---|
26 Citations | E-commerce refers to electronic commerce conducted over global networked environments like the Internet, challenging traditional retail distribution networks and offering new market opportunities for retailers across Europe. |
3 Citations | E-commerce refers to online buying and selling. The paper discusses electronic marketplaces' impact on product prices, factors discouraging e-commerce growth, and intelligent searching agents in electronic commerce. |
25 Citations | E-commerce refers to online commercial transactions between suppliers and consumers in a Web-based environment, offering advantages like efficiency and wider market reach, as studied in the Australian health sector. |
100 Citations | E-commerce refers to the buying and selling of goods or services over the internet. The paper discusses the strategic challenges and impacts of e-commerce on UK businesses. |
827 Citations | E-commerce, as discussed in the paper, refers to online commercial transactions that offer customers improved value compared to traditional methods, focusing on customer values and objectives in Internet purchases. |
Related Questions
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