Articles tagged with: Digital Communication
To provide the strong base for successful business in today’s world, it is particularly essential to make the society competitive for emerging economy. This challenge is prevailed over with the help of revolutionary communication mediums.
Thus, e-commerce is proved to be an important component of business strategy and very strong channel of economic development over traditional way of business system. “Any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact is known as e-commerce, electronic commerce or electronic marketing”.
Electronic commerce is defined as a conduction of business transaction and communication over computers and internet networks. In simple words, electronic commerce can be described as selling and buying or products and services and transfer of business related commercial documents and funds through digital communications.
Electronic commerce also includes use of the internet and the World Wide Web for manufacturing, marketing, financial negotiations through Teleconferencing, File Transfer, Video Conferencing, interaction via electronic mail (e-mail).