What are the drawacks and benefits of e-commerce

1.	What are the drawacks and benefits of e-commerce
Answer» Advantages of e-commerce :1.\xa0e-commerce provides speedy business services.2.\xa0e-commerce is accessible\xa0to the global market.3.\xa0It is a movement towards a popular society.4.\xa0It is easy to form and requires lower investment.5.\xa0It is convenient.6.\xa0e-commerce makes flexible manufacturing and mass customisation possible.Diadvantages of e-commerce :(a)It lacks personal touch.(b)\xa0The 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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