INVESTIGATE HOW E-COMMERCE HAS AFFECTED THE WAY PEOPLE BUY GOODS AND SERVICES

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OCR National Unit8 AO3                                                                                                Abdul

Investigate how e-commerce has affected the way people buy goods and services

What is e-commerce?

E-commerce (electronic commerce), e-commerce is when transaction made online by telecommunications networks. E-commerce is business or government website where they sell stuff or you can transfer money to each other, e-commerce is made by credit card fund from the bank. E-commerce website is not always shopping you can send money to people around the world or receive money.

Here are the examples of e-commerce

Business to Consumer (B2C)

Businesses selling to the general public through catalogue utilizing shopping cart software.

  • Business to Business (B2B)

Companies doing business with each a manufacturers selling to distributors and wholesalers selling to retailers

  • Consumer to Consumer (C2C)

Example of consumer to consumer is EBay’s auction service is a great example of where person-to-person transactions take place every day since

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  • m-Commerce ( mobile transactions)

M-commerce is buying and selling of goods and services through wireless handheld.

How do you or your family use e-commerce? What website site do you use most often? How is this different from a few years ago?

My family uses e-commerce to do a lot of stuff example one could be shopping online from and transferring money online, my family also use e-commerce to pay the bill, most of the time my family uses e-commerce websites like eBay or amazon, e-commerce made life easy for a lot of people, because you don’t have to go to ...

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