Q. Which best defines E-Commerce? (MPPSC AE 2021)
Answer:
Doing Business Electronically
Notes: E-Commerce refers to conducting business transactions over the internet. It includes buying, selling, or exchanging goods and services electronically. The term E-Commerce was coined by Dr. Robert Jacobson in 1984. It covers various activities beyond just electronic or electrical goods. E-Commerce involves online retailing, electronic markets, and online auctions. It includes categories like Business to Business, Business to Consumer, and Consumer to Consumer transactions.