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What are the drawacks and benefits …

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What are the drawacks and benefits of e-commerce
  • 1 answers

Gaurav Seth 5 years, 9 months ago

Advantages of e-commerce :

1. e-commerce provides speedy business services.

2. e-commerce is accessible to the global market.

3. It is a movement towards a popular society.

4. It is easy to form and requires lower investment.

5. It is convenient.

6. e-commerce makes flexible manufacturing and mass customisation possible.

Diadvantages of e-commerce :

(a)It lacks personal touch.

(b) The physical delivery of the product takes time.

(c) There is a need for technology capability and competance of parties and e-Business.

(d) There is increased risk due to anonymity and non-traceability of parties.

(e) People resist e-commerce as it involves adjustment to new technology and new way of doing things.

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