S3 Business - E-commerce

Complete this description of E-commerce:

This refers to the buying and ________________ of goods or services using the internet, and the transfer of money and data to execute these transactions.”​

Which of the following statements are an ADVANTAGE of E-commerce for the business?

• Can sell 24/7 worldwide

• You have to buy technology to support this

• Customer can make payment to you quickly

• Customers find it more convenient

Which of the following statements are an ADVANTAGE of E-commerce for the business?

• Can interact with customers on websites

• You don't need physical shops so that reduces costs

• Websites need constant updates

• Skilled employees are needed

Which of the following statements are an DISADVANTAGE of E-commerce for the business?

• Skilled employees are needed

• You don't need physical shops so that reduces costs

• Websites need constant updates

• You can attract lots more customers

Which of the following is an E-commerce ONLY business

• Amazon

• JD

• B&M

• Asda

Which of the following famously does not use E-commerce to support their business model?

• Boots

• Primark

• H&M

• Asda

Is the following statement TRUE or FALSE ?

There is no need to maintain and update technologies, including security software

• True

• False

Is the following statement TRUE or FALSE ?

They need to have procedures in place for how products and services will be delivered and processing returns

• True

• False

Is the following statement TRUE or FALSE ?

They have more competitors from across the globe, making it harder for the business to get noticed

• True

• False

Is the following statement TRUE or FALSE ?

They don't need employees with any specialist skills

• True

• False