E-Commerce · Unit 1
E-Commerce Fundamentals
Exam-focused notes for E-Commerce Fundamentals (E-Commerce, BIT403): what the TU syllabus asks and how it has actually been tested, with 5 solved past questions from this unit.
What this unit covers
- Definition and scope of e-commerce
- E-commerce versus e-business distinction
- Key elements of e-commerce business models
- Types of e-commerce by transaction parties
- History of e-commerce innovation and consolidation
- Current status of e-commerce in Nepal
Types of e-commerce by transaction parties
Discuss different types of e-commerce based on transaction parties. [5]
E-commerce can be classified into several distinct types based on the nature of the parties involved in the transaction. Here are the main categories: - Transactions occur between two or more businesses - Examples: wholesale suppliers selling to retailers, ...
Full solved answer →Key elements of e-commerce business models
What is E-commerce? Discuss the key elements of the E-commerce Business Model.[10]
E-commerce (Electronic Commerce) refers to the conduct of business transactions, including buying and selling of goods and services, over electronic networks, primarily the Internet. It encompasses all digitally enabled commercial transactions between organ...
Full solved answer →History of e-commerce innovation and consolidation
Discuss E-commerce history with respect to innovation, consolidation and reinvention. [5]
E-commerce has evolved through three distinct phases that reflect broader technological and business cycles: - Emergence of pioneering platforms like Amazon (1994), eBay (1995), and Alibaba (1999) - Introduction of foundational technologies: secure payment ...
Full solved answer →Current status of e-commerce in Nepal
Discuss status of e-commerce in Nepal. [5]
1. Growth and Market Development - E-commerce in Nepal is still in its emerging/developmental stage compared to global standards - The sector has shown gradual growth over the past decade, particularly accelerated during the COVID-19 pandemic - Online shopp...
Full solved answer →E-commerce versus e-business distinction
Differentiate e-commerce from e-business with examples. [5]
E-commerce (Electronic Commerce): E-commerce refers to the buying and selling of goods and services over the internet. It is a subset of e-business focused specifically on commercial transactions and the exchange of products/services for monetary value. E-b...
Full solved answer →Make Unit 1 stick
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