Issue Description


Authors : Bina Madhukar Moon

Page Nos : 57-60

Description :
Commerce in reducing an operational cost organisation. There are a variety of e-commerce applications that can affect organizational performance; In this research, they are classified into five different categories: electronic advertising, electronic payment systems, electronic marketing, electronic customer support services, and electronic ordering and delivery. According to the literature review, the most common types of organizational performance measures used in recent empirical research include: financial or accounting performance, operational performance, and market-based performance. Tremendous progress has been made in business and traffic markets, companies and products, multiple and diverse sectors and the intensity of competition among these companies to gain profits has emerged as a means of modern business e-commerce, which has resulted in change. made a significant contribution. Contributed in facilitating the process of electronic buying and selling in increasing the efficiency and strengthening the competitive position of the companies and through its role in marketing the electronic products company to facilitate the access of products and services by the customers in a timely manner Gave. And at least decrease the cost of the company's products. The benefits and challenges of electronic commerce as well as their role in decreasing the costs will be discussed. Because capital is scarce and those who have it need to enter the world of commerce, electronic commerce has opened up a realm of opportunity for them, and not just those with lots of money, as in the past. as was once the case. an opportunity has opened up. e-commerce sector for them. For this reason, the utmost dedication to cost reduction has emerged as the focus of this study. The development of the Internet has made a lot possible for people all over the world, and the world seems to have become smaller in size. In addition to the exchange of correspondence and information, it has led to what is known as electronic commerce, the process of doing business over the Internet in its most restricted sense, and has provided businesses with a wealth of benefits.

Date of Online: 30 Jan 2023