Understanding Business
Understanding Business
13th Edition
ISBN: 9781264249527
Author: Nickels, William G.
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 15, Problem 1PPT
Summary Introduction

To discuss: The difference between hosted and self-hosted e-commerce platforms.

Introduction: E-commerce is a business model that facilitates the process of buying and selling of products and services through online portals over the internet. It does not require physical presence of buyers and sellers for completing a transaction. E-commerce enables the organizations to establish their presence in market or to increase an existing market position. It offers a cheaper and more efficient distribution chain for the products or services of organizations.

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