Explain how a company can use the internet and e commerce to
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Explain how a company can use the internet and e commerce to simultaneously reduce cost AND increase revenues.
(four paragraphs with one way per paragraph)
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Internet and e-commerce is relatively an inexpensive way of doing business compared to traditional business. The advantages of internet and e-commerce include:
1. Wider audience: Internet and e-commerce open up a whole new dimension for doing business. Years ago, without the internet and ecommerce, businesses were limited to doing business within geographical boundaries and time constraints. For example, there were very few international companies some 50 years ago. Also, without internet and ecommerce, companies could not really do business 24/24. All that change with the development of internet and ecommerce. One could not imagine how globalisation could be ...
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