WHAT IS COMMERCE?
• Commerce is a division of trade or production which deals with the exchange of goods and services from producer to final consumer
• It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities.
WHAT IS E-COMMERCE?
• Commonly known as Electronic Marketing.
• “It consists of buying and selling goods and services over an electronic systems such as the internet and other computer networks.”
• “E-commerce is the purchasing, selling and exchanging goods and services over computer networks (internet) through which transaction or terms of sale are performed electronically.
OBJECTIVES OF THE STUDY:
1. To know and understand what is e-commerce.
2. To bring about the difference between traditional commerce and e-commerce.
3. To know the role of e-commerce in modern business.
4. To know the growth aspect of e-commerce in India
OBJECTIVE-1
Understanding e commerce is a detailed and important role as to perform the trading activities i.e. buying of goods and services in online with the help of internet technology. e commerce is commonly known as electronic commerce. E commerce is purely working with internet and something with technological aspect. E commerce is vast subject to deal with and to understand as a whole. E commerce in depth means purchase of goods and service by consumer it can be consumer goods as well as capital goods. In present market both domestically or globally e commerce plays a