Place: E-Commerce & M-Commerce Flashcards
All 5 cards in this deck
What is e-commerce?
Buying and selling goods and services online over the internet.
What is m-commerce?
Buying and selling goods and services using mobile devices such as smartphones and tablets.
Give one benefit to a business of using e-commerce.
It can sell 24/7 to customers anywhere, extending its reach into international markets.
Give one drawback to a business of using e-commerce.
Setting up and maintaining a secure website is costly, and there is more competition online.
True or false? Using e-commerce removes a business's need to deal with distribution.
False. Goods still have to be packed and delivered, which adds cost and can cause returns and complaints.