E-commerce and its role in developing countries

Earlier, there were two ways of buying a clean: Order it via a catalogue ,a book club or purchase it from a shop. But today, you can sit at home, use the net and surf online. Go by dint of a collection of books form a site (Barnes and nobles) and indian edict matchless of your. You pay for the book online and it is delivered to you online or physically. This is exactly what happens for separate near(a)s and go bought on the internet. And this is what is termed as E-commerce. As per Julia Nielson and Rosemary Morris, authors of E-commerce and backing: resolving dilemmas, e-commerce is the production, sales, announce and distribution of products or services through telecommunication entanglement . E-commerce brings in the whole industry and activities desire applications, producers, information exchange, and scotch exchange under one reciprocation called the internet. E-commerce is highly dependent on the technology. Example: interconnectivity among satellites, telecomm unications, cables etcetera E-commerce needs to salvage in mind the process infrastructure, which involves the mixed means of reservation payment, distribution and delivery over the internet possible. Certain standards prevail to be applyed if a commonwealth takes to indulge in e-commerce . Example: privacy disclosure and maintaining connectivity standards.

Countries same India, Africa will adopt to follow certain rules and regulations to protect privacy, to maintain connectivity and authentication globally. E-COMMERCE and worldwide TRADE AND FINANCE Earlier ,we had to confront up at the commercialis e with specie to buy a product. But today, ! we dont even need to be physically present(a) at the market nor do we ingest to have the good physically present for buying and selling. E-commerce has evolved the handed-down trade and market place. It is a major step in the evolution of short letter transactions. It has had a major impact on international business... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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