What are the drawacks and benefits …
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Posted by Kanishka Goyal 6 years, 10 months ago
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Gaurav Seth 6 years, 10 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.
2Thank You