Industries

Factors Considered in Locating an industry

1. Easy  to access to raw materials
2. Easy access to labour
3. Access to markets.
4.Adequacy of infrastructure facilities.
5.Transportation
6.Opportunities for the development of a foreign market
7.Government industrial policy
8.Strategies for the promotion of industry

  
          E - COMMERCE

WHAT IS E - COMMERCE

Electronic commerce ( e- commerce ) can be defined as a wide range of online business activities for products and services . it can also be explained as any form of business transaction in which the parties interact electronically ( internet and digital media) rather than by physical exchanges .

         E - commerce involves in buying  and selling over the internet , or conducting any transaction  involving the transfer of ownership  or rights to use goods or services through a computer mediated network.

The internet economy is a broader concept than the e - commerce and the e- business . it included e- commerce and e- business



                         

 

  what are the different types of E- commerce

 

   1. business - to - business (B2B)

2. Business - to Consumer (B2C)

3. Business - to - Government (B2G)

4.   Consumer - to - Consumer  (C2C)

5.  Mobile Commerce (M - Commerce )

 

 Benefits of  E - commerce for consumer 

1. convenience to consumers less cost and time for searching sellers , less cost of transaction processing

2. customer can easily select products from different providers without moving around physically

3. freedom to make transactions at anytime and anywhere in the world .

4. disinter mediation- prices of products drops as the number of middlemen such as brokers , whole sellers , retailers are less.

5. it enables customers to choose and order products according to their personal and unique specifications - enhances the standard  of living .