Question
Write a note on electronic market.
Answer :
Word Count : 426
An electronic market (e-market) refers to a virtual marketplace facilitated through electronic platforms, primarily the internet, where buyers and sellers interact, exchange goods and services, and conduct transactions. Within the context of electronic governance (e-governance), electronic markets play a crucial role in enhancing transparency, efficiency, and accessibility in government procurement, service delivery, and citizen engagement. Electronic markets in e-governance encompass platforms that enable government-to-business (G2B), government-to-government (G2G), and government-to-citizen (G2C) transactions. A significant example is the Government e-Marketplace (GeM) in India, which provides an open, transparent, and efficient platform for government departments to procure goods and services from verified vendors. It reduces human interface, enhances transparency, _______ ___ _________ __________ _________ ______ ___ ______ _______ _________ ____ _____.
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An electronic market (e-market) refers to a virtual marketplace facilitated through electronic platforms, primarily the internet, where buyers and sellers interact, exchange goods and services, and conduct transactions. Within the context of electronic governance (e-governance), electronic markets play a crucial role in enhancing transparency, efficiency, and accessibility in government procurement, service delivery, and citizen engagement. Electronic markets in e-governance encompass platforms that enable government-to-business (G2B), government-to-government (G2G), and government-to-citizen (G2C) transactions. A significant example is the Government e-Marketplace (GeM) in India, which provides an open, transparent, and efficient platform for government departments to procure goods and services from verified vendors. It reduces human interface, enhances transparency, _______ ___ _________ __________ _________ ______ ___ ______ _______ _________ ____ _____.
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