Internet & E-Commerce

E-Commerce

By: Prof. Riyaz A. Sheikh

Faculty-DMSR Tirpude College
Nagpur
Topics To Be Covered

 Introduction
 Meanings & Objectives
 Main Activities
 Definition
 Broad Goals of Electronic Commerce
 Queries
 Questionnaire & Conclusion
 Topics for next lecture
Introduction

 buying and selling of goods on the Internet

 complements traditional trade
 includes both business-to- business (called
B2B) and business-to-consumer (B2C)
transactions
Main Activities

 Buying and selling of products.

 Shipping of products and
 Producing financial statements.
Definition of Electronic Commerce

a. The narrow definition of e-commerce is :

 (i) Doing business online or

 (ii) Buying products and services through web store

fronts.
b. It is buying and selling, marketing and servicing,
and delivery and payment of products, service and
information over the Internet, intranets, extranets
and other networks, between an inter-networked
enterprise and its prospects, customers, suppliers,
and other business partners.
Definition of Electronic Commerce
 E-commerce can be considered as:
 (i) A strategy
 (ii) A technology
 (iii) A system
 (iv) A separate business
 (v) A sales approach
 (vi) A mystery and
 (vii) A combination of some of (i) to (iv) indicated
above.
 E-commerce is the buying and selling of products,
information and services over the Internet.
Definition of Electronic Commerce
 It is also a particular type of e-business
initiative that is focused around individual
business transactions that use the Net as
medium of exchange, including business to
business, as well as business to consumer.
 It is defined as a modem business
methodology that addresses the desire of
firms, consumers and management to cut
costs while improving the quality of goods
and increasing the speed of services.
Broad Goals of Electronic
Commerce
 Reduced costs
 Lower product cycle time
 Faster customer response
 Improved service quality
Your Queries??
Questionnaire
 What is E-commerce?
 What are the main activities of it?
 Define E-Commerce?
 Define broad goals of it?
Topics For Next Lecture

 Functions of E-commerce
Thank You!!