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Unit 1 -Introduction E-Commerce Slides are not for distribution [email protected] 9841363518 Biratnagar-10 Anil Kumar Yadav [email protected] http://anilkyadav.com.np
Anil Kr. Yadav What is Commerce? • Commerce is defined as “the exchange of buying and selling of commodities on a large scale involving transportation from place to place”. • So, commerce is, quite simply, the exchange of goods and services, usually for money. • Ex: buy something at a grocery store • Deposit money in your bank account Anil Kumar Yadav 3
Anil Kr. Yadav Electronic Commerce: Definitions and Concepts (cont.) • “A modern business methodology ... to cut costs while improving the quality of goods and services and increasing the speed of service delivery.” • The process of buying, selling, or exchanging products, services, and information via computer networks.” • Business or any commercial activity conducted through the use of computers or other electronic appliances • Ex: telephones, fax machines, credit cards, automated teller machines(ATM) Anil Kumar Yadav 4
Anil Kr. Yadav Electronic Commerce: Definitions and Concepts (cont.) • e-business: a broader definition of EC, which includes: • buying and selling of goods and services • servicing customers • collaborating with business partners • Conducting e-learning • conducting electronic transactions within an organization Anil Kumar Yadav 5

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