Briefly discuss different types of e-commerce
There are different types of e-commerce. These are as follows:
Business-to-consumer or B2C e-commerce consists of the sale of goods and services to the general public. In this type, customers or consumer can visit the website and purchase goods online using credit cards.
Consumer-to-consumer or C2C e-commerce takes place between two consumers. For example, one consumer sells an item trough online auction. The other consumer purchases the item by offering highest bid.
Business-to-business or B2B e-commerce takes place between two businesses. One business provides services to other business. For example, many advertising companies advertise the products of another company.
Define the term video conferencing. Discuss its benefits.
Video conferencing is a type of conferencing in which video cameras and microphones are used for discussions. Ti provides an environment of normal meeting. It enables participants to see, hear and present material to one another as if they are in the same room. Video conferencing can speed up business process and procedures.
Benefits of video conferencing
Some important benefits of video conferencing are as follows:
- It is an easy way of conducting meetings.
- It is very cost effective as it saves money required for traveling.
- It saves a lot of time and effort.
Many companies use video-conferencing to deal with other companies. In video-conferencing people residing at various places can talk with each other. They can see one another. It is very useful in this busy age. It prevents a lot of time and costs.