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E- COMMERCE - Coggle Diagram
E- COMMERCE
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Benifits
Global reach as sonce reach depends on internet and internet devices which are world wide the reach is world wide.
good quality of service- itt enables shopkeepers to improve after sale service by making pre and post sale support.
Mass customsation- The consumers can gather detailed interaction suppliers are able to gather detailed information on needs of each consumer. This results in making costomised consumers.
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Substantial savings/reductions- One of the majoor contributions in redutions of electronic buisness in reduction in transaction cost.
Novel buisness oprtunity / new product and service- we can make new product and services likenetwork supply
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Speed- Much on buying and selling involves exchange of medium, information. on internet informaation can be exchanged on information of mouse
Lower invesment- E tailing means selling goods in retail on internet. in short electronic retailing.
ERP resource planning- It is a system used to manage resources or organization. It can track evrything. It is a cross functional software providing support to all processses withing organization
Human resource module- Human resouce modules helps the HR team in fficient system of human resources it manages employee records like performence ect.
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Sales module- The processes include analysing and handling qoutation drafting, accept sale orders, drafting sale invoice with proper taxation ect.
Purchase module- It takes care of all proccesses that are part of procurment of items or raw matarials required for organization.
Financing and accounting- The inflow and outflow of mony and capital is managed by finance module. This module keeps track of all account related transaction like expenditure balance sheet account, account legetsect.
Costomer relationship managment- CRM depatment helps to boost sales performence through better costomer service and establish good relations with consumers.
Engineering/production module- Production module is of great hel for manufacturing industry for dilevry product.
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Meaning- E commerce is the commercial transactions taking place over computers and networks and telecommunications.
E-tailing- E- tailing means selling goods and services in retail on internetin shrt term electronic retailing.
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E-marketing- E- marketing means process of marketing in product of internet via mail internet media.
E- security- It means network security means bbrwser computer security, browser security and computer security. It involves setting up measures and rules against attarcks over internet.