Q.What is meant by E-Commerce?
E-commerce, short for electronic commerce, refers specifically to the buying and selling of goods and services, along with the transfer of the funds involved, through electronic means, mainly the internet. Ordering a product on a website, paying an electricity bill online, or booking a ticket through a mobile application are all common examples of e-commerce.
E-commerce is narrower than e-business: every act of e-commerce is a part of the broader field of e-business, but e-business also includes many internal, non-transactional activities — such as internal communication or inventory management — that are not, by themselves, acts of e-commerce.
E-commerce is the buying and selling of goods and services, and the transfer of the related payment, carried out through electronic means such as the internet; it forms one important part of the broader activity of e-business.
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