Introduction to e commerce
- 1. INTRODUCTION TO E - COMMERCE
- 2. COMMERCE The term commerce is involved in buying and selling a product. You can see commerce all around the world which may take different forms.
- 3. TYPES OF PEOPLE IN COMMERCE There are three different types of people involved in commerce: Producers People who produce different kinds of products or items. Sellers People who sell items or goods and services to people. Buyers People who purchase items and services.
- 4. E - COMMERCE Electronic Commerce or E – Commerce means buying and selling any product online using the Internet technology. Many companies have set up their websites, which provides the facility to order and purchase their products and services.
- 5. AVANTAGES OF E - COMMERCE Some of the advantages of E – Commerce are: You don’t need to go to showrooms or shops. You don’t need to carry cash from home to shop with the fear of losing it. You don’t need to search item manually with the help of a sale person. There are no geographical or time barriers. You can buy products from anywhere in the world.
- 6. AVANTAGES OF E - COMMERCE Even small companies can be global. You don’t need time to travel to other countries for purchasing products. You can save time, money and effort. You can choose products from all over the world.
- 7. E – COMMERCE PROCESS
- 8. E – COMMERCE SITES & ETHICS E – commerce sites are special sites with some extra features, Trust is one of the key factors for these sites. Buying products online is very easy and simple but you must not do it alone or without the permission of your parents or elders.
- 9. E – COMMERCE SITES & ETHICS There are numerous companies which sell the products and services but some of them are fraudulent companies. They may steal credit card codes and PIN and you may run up with huge bills on credit cards while you might have purchased products of only few riyals.
- 10. EXERCISE Q1. Answer the following questions: What is commerce? The term commerce means buying and selling a product. Q2. What do you mean by the term e – commerce? Electronic commerce or E – commerce means buying and selling any product online using the Internet technology.
- 11. Q3. Write down two advantages of e – commerce? i) You don’t need to go to showrooms or shops. ii) You can choose products from all over the world. Q4. Name the three categories of people involved in commerce. i) Producers ii) Sellers iii) Buyers
- 12. Q5. What is the risk in purchasing products online? There are many companies which sell products and services but some of them are fraudulent. They may steal credit card codes and PIN and give you huge bills on small purchases.
- 13. Q2. Tick mark the correct answer (Page 60) 1. The people involved with commerce are of. 5 types 4 types 3 types 2. People who purchase products are called. Sellers Buyers Commerce
- 14. 3. The key factor in e – commerce sites is. Email Trust and security Chat 4. Buying and selling products online is called. E - sellers E - commerce E - products
- 15. 5. People who sell goods and services to people are called. Sellers Producers Buyers
- 16. Q3. True or False Producers are people who produces different kind of products. You cannot order and purchase company’s products and services online. E – commerce sites are special sites with some extra security features. E – commerce can save time, money and efforts. E – commerce needs you to go to showroom or shops. True False True True False