The business world has become increasingly difficult to become successful in. In order for organizations to overcome this difficulty, they must be able to explore other business-related options. It is essential that their operations are fast and efficient, while simultaneously maintaining strong customer relations. One option that has recently proven to be an effective aid for businesses to progress is Electronic Commerce. It allows unlimited business hours due to its around the clock operations, lower …
showed first 75 words of 1478 total

showed last 75 words of 1478 total
…hours allow for more sales and this will bring in more money for the company. Lower labour costs reduce the amount of money being spent and also helps a company increase profits. A larger market gives a company more customers to target, and again this leads to greater revenue. From these three points, along with the precautionary measures taken to prevent fraud, E-commerce is clearly an approach to business that our society is leaning towards.