Thursday, July 12, 2012

VictorMatta week one

    With the Growth of E- Commerce, more and more companies are evolving
from their old systems in the attempt to greater their business
opportunities. E- Commerce means electronic commerce and facilitates
business transactions electronically. E- Commerce involves
transactions between two companies, companies and their consumers,
consumers and other consumers, businesses and the public sector, as
well as consumers and the public sector. With E- Commerce businesses
are able to enter the global market and allowing them to market and
sell at low costs worldwide.
    For example, E- Commerce facilitates purchases from company to another
by eliminating all the steps that are involved with the manual system.
By eliminating all these long and tedious steps in the purchasing
process, E- Commerce expedites the ordering process and saves not only
the consumer time but allows the company to take more orders through a
one step buying process. With E- Commerce companies are able to
enhance their stock prices and market values.
   When a consumer visits an online store and places an order input is
being created. With this information the company receives an order and
processes it through to the necessary quarters. Once the electronic
sale is processed through the company reaches it out put stage and the
product is delivered to the consumer. From transactions such as that,
companies are able to look over and review its sales from previous
months.

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