E-Commerce is a recent trend in business. Outline the advantages of using this method in carrying out business activities

Business studies study module

Advantages

  • One can have a wide variety of goods and services from all over the world
  • It reduces the cost of traveling to the market or in search of product
  • It is fast as deals can be made within a short period of time
  • A seller can advertise goods to many consumers over a wide area
  • Paper work and the many document used on other trade are removed or reduced as selling and buying is on-line
  • A lot of information about the market can be accessed on the internet



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