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E-commerce - Overview - E-Commerce Benefits

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E-Commerce Benefits

Benefits of E-Commerce

1. Reduce Production Cost

Replacing paper-based business operations

2. Better Information System

Faster data retrieval rate

3. Better Management System within organization

Central database for different departments of the company

4. Better Management System across different organizations

Data exchanges and transactions between different organizations from suppliers to customers

5. Better Business Strategy

Extending the business to cover more customers

6. Globalization

E-Commerce is the essential pathway to implement globalization


See Also:

Contributors to this page include:

SophieUhlhorn 10:55, 2 Sep 2005 (EST)

Anna Caldwell 14:24, 5 Sep 2005 (EST)

Yun Tze Pien 14:31, 5 Sep 2005 (EST)

Yipshinyi 14:39, 8 Sep 2005 (EST)

Sze Chit NG 15:35, 8 Oct 2005 (EST)

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