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The three dimensions of traditional commerce are product, price, and place. The product dimension refers to the goods or services being offered, the price dimension relates to the cost that consumers must pay, and the place dimension involves the distribution channels and locations where products are sold. Together, these elements create a framework that businesses use to effectively reach and satisfy their customers.
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What are the advantages of traditional commerce?
What are the advantages of traditional commerce?
What are the six key dimensions to e-commerce?
Intergrity autherication confidentiality privacy availability non-repudiation
What is the concept of 4D in real life and how does it differ from our traditional understanding of dimensions?
In real life, the concept of 4D refers to the addition of time as a dimension, alongside the three spatial dimensions (length, width, height). This differs from our traditional understanding of dimensions, which usually only includes the three spatial dimensions. The inclusion of time as a dimension allows for a more complete description of events and objects in the universe, accounting for their evolution and change over time.
5 factors that will cause a company that continue doing business in traditional ways and avoid e-commerce?
Describe three factors that would cause a company to continue doing business in traditional ways and avoid electronic commerce . Use practical examples
Does everything in world exist in three dimension?
No, not everything in the world exists in three dimensions. For example, time is considered to be the fourth dimension according to some theories, and there are also other concepts like probability or consciousness that may not be easily represented in traditional three-dimensional space.
Can traditional commerce be replaced by E-commerce?
While e-commerce offers significant advantages such as convenience, broader reach, and lower operational costs, it is unlikely to completely replace traditional commerce. Many consumers still value the tactile experience of shopping in physical stores, particularly for certain products. Additionally, traditional commerce plays a vital role in local economies and community engagement. Instead, a hybrid model combining both e-commerce and traditional commerce is likely to persist, catering to diverse consumer preferences.
What is Traditional Commerce?
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.
What are the three major threats of m-commerce?
what are the three major threats of m-commerce
Why is E-commerce different?
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.
How many dimensions does a solid body have?
It has three dimensions.
What is difference between traditional commerce and e 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.
Three dimensions to business problems?
The three dimensions to business problems are organization, technology, and people.
