Question
Define the concept of e-commerce and discuss its benefits.
Answer :
Word Count : 566
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Skip in 10
E-commerce, or electronic commerce, refers to the buying and selling of goods and services through electronic networks, primarily the Internet. It also includes the transfer of money, data, and information required to complete business transactions. E-commerce enables individuals, businesses, and governments to conduct commercial activities online without the need for physical interaction. It covers a wide range of activities such as online shopping, electronic payments, internet banking, online auctions, digital marketing, ticket booking, and business-to-business transactions. With the rapid growth of information and communication technology, e-commerce has become an essential component of electronic governance, promoting transparency, efficiency, accessibility, and digital inclusion. E-commerce operates through various models, including Business-to-Consumer (B2C), where businesses sell directly
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