E- Commerce ~ Notes
E-COMMERCE (UNIT-1) INTRODUCTION E-Commerce, also known as electronic commerce or internet commerce, is an activity of buying and selling goods or services over the internet or open networks. So, any kind of transaction (whether money, funds, or data) is considered as E-commerce. So, E-commerce can be defined in many ways, some define E-Commerce as buying and selling goods and services over the Internet, others define E-Commerce as retail sales to consumers for which the transaction takes place on open networks. The buying and selling of products, services, and digital products through the Internet all fall under the umbrella of e-commerce. Organisation for Economic Cooperation and Development (OECD) defines e- commerce as: “All forms of transactions relating to commercial activities, including both organizations and individuals, which are based on the processing and transmission of digitized data inclu...