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Describe the benefits and risks of doing business on the Internet from the perspective of both business owner and consumer. Support your view with a minimum of two examples.

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Solution Summary

This solution emphasizes the impact of e-commerce on businesses and consumers.

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The benefits to consumers for doing business on the Internet are convenience and variety. For example, a person looking to buy a pool table will be able to search many different stores and second-hand resales on both store sites and Ebay and will be able to compare prices along with table features. In addition, this same person will not have to leave and drive to many different places in order to purchase the item as it can be easily ...

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