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What are the advantages of traditional commerce?
Intergrity autherication confidentiality privacy availability non-repudiation
Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce . Use practical examples
Traditional Commerce is the process of buying, selling or exchanging products, services or information, is usually physical, meaning there is the existence of a physical store.
E-commerce is very different from traditional commerce, because it uses the internet and globalization to enhance the products and services. E-commerce provide direct connection between customer and corporation, eliminating third men, through e-commerce you can easily compare products, brands, quality and prices of e-commerce marketing and traditional marketing.
Traditional commerce involves maintaining a shop for customers to browse your products, telephones and paperwork such as invoices etc. E-commerce involves conducting all business over the internet - with communication by email, and payments by electronic funds transfer.
what are the three major threats of m-commerce
Traditional commerce involves maintaining a shop for customers to browse your products, telephones and paperwork such as invoices etc. E-commerce involves conducting all business over the internet - with communication by email, and payments by electronic funds transfer.
It has three dimensions.
E commerce is better than traditional business as e commerce uses electronic medium to sell or buy products.In e commerce there is no need of physical showroom or store to buy or sell products.Where as traditional business needs too much investments to sell or buy products.
Buyer, Seller and Producer
The three dimensions to business problems are organization, technology, and people.