Electronic commerce or eCommerce is a business model that allows companies and people to buy and sell things on the Internet. Electronic commerce operates in the following four main market segments: Business-to-Business, consumer to businesses, business to consumers and consumer to consumer.
Electronic commerce is also known as internet commerce. These services are provided online through the Internet. Money, funds and data transactions are also considered eCommerce.
Electronic commerce has helped companies improve their efficiency by streamlining the production process and providing services. eCommerce has also simplified sales and marketing as sellers can complete online sales, save time, increase revenue, and improve efficiency.
While learning can take place inside or outside the classroom, computer and Internet access is a core component of e-learning. E-learning can also be called the efficient transfer of skills or knowledge networks. It delivers education to a large number of recipients at the same time or at different times. Initially, it was not taken seriously because the system lacked the human elements needed to learn it.
E-learning has proven to be the best medium in the business sector, especially when multinationals run training programs for professionals around the world and employees can gain key skills by sitting in a boardroom or conducting seminars, all under one roof. Schools using e-learning technologies are one step ahead of those who still hold traditional approaches to learning.