Electronic Commerce, Definition And Classification

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    In this article we are going to explain in front of you about electronic commerce, definition and classification of electronic commerce.

    What is Electronic Commerce?

    Electronic Commerce as a sphere of economics includes all financial and trading transactions that are processed via computer networks as well as business processes connected to such transactions processing.

    Electronic Commerce covers,

    1:Electronic Data Interchange (EDI)

    2:Electronic Funds Transfer (EFT)

    3:Electronic Trade (e-trade)

    4:Electronic Money (e-cash)

    5:Electronic Marketing (e-marketing)

    6:Electronic Banking (e-banking)

    7:Electronic Insurance (e-insurance)

    Classifications of Electronic Commerce,

    Classifications of Electronic Commerce are mentioned below,

    B2B(Business-to-Business)

    B2C(Business-to-Consumer)

    B2E(Business-to-Employee)

    B2G(Business-to-Government)

    B2O(Business-to-Operator)

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