COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Collaboration
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Commerce
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Communication
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Connection
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Detailed explanation-1: -INTRODUCTION TO E-COMMERCEBASICS AND DEFINITIONSCommunication•As an interactive medium, the Web has given rise to a multiplicity of media products. This universal medium has become a forum for self-expression (as in blogs) andself-presentation (as, for an example, in Polyvore:).
Detailed explanation-2: -Ecommerce or electronic commerce is the trading of goods and services on the internet. It is your bustling city center or brick-and-mortar shop translated into zeroes and ones on the internet superhighway.
Detailed explanation-3: -There are three main types of e-commerce: business-to-business (websites such as Shopify), business-to-consumer (websites such as Amazon), and consumer-to-consumer (websites such as eBay).
Detailed explanation-4: -E-business is a form of conducting business in which transactions are carried out with the electronically mediated communication like internet, intranet etc. between an organisation and its stakeholders.