What is E-commerce? Explain any two types.

1.	What is E-commerce? Explain any two types.
Answer» The e-commerce is defined as buying and selling of products or services over electronic systems such as the Internet and other computer networks 1. B2B - Business to business: Electronic commerce that is conducted between business organizations is referred to as business-to-business or B2B. for example, transactions between manufacturing industry with suppliers of raw materials. 2. B2C - Business to Consumer: Electronic commerce that is conducted between traders and consumers is referred to as business-to-consumer or B2C. This is the type of electronic commerce conducted by companies such as Amazon.com, ebay.com, etc.

Answer»

The e-commerce is defined as buying and selling of products or services over electronic systems such as the Internet and other computer networks

1. B2B - Business to business:

Electronic commerce that is conducted between business organizations is referred to as business-to-business or B2B. for example, transactions between manufacturing industry with suppliers of raw materials.

2. B2C - Business to Consumer:

Electronic commerce that is conducted between traders and consumers is referred to as business-to-consumer or B2C. This is the type of electronic commerce conducted by companies such as Amazon.com, ebay.com, etc.

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