Question

 

What is e-commerce?

03 Aug 2025
Answer :
Word Count : 465
E-commerce, or electronic commerce, refers to the buying and selling of goods and services, as well as the transmission of funds and data, over electronic networks, primarily the internet. It is a crucial component of e-governance because it facilitates online commercial transactions that are supported by digital platforms and regulatory frameworks created by the government. E-commerce involves a wide range of activities, including online retail, electronic payments, supply chain management, digital marketing, and electronic data interchange. It allows businesses, consumers, and governments to interact in a paperless and convenient manner, thus promoting transparency and efficiency in transactions. E-commerce can be broadly categorized into several types based on the nature of participants. Business-to-Consumer (B2C) e-commerce involves transactions _______ __________ ________ _________ _____ _________ ___.
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