What is the objective of the e-commerce of 2000 RA 8792?

What is the objective of the e-commerce of 2000 RA 8792?

RA 8792 aims to facilitate domestic and international dealings, transactions, arrangements agreements, contracts and exchanges and storage of information through the utilization of electronic, optical and similar medium, mode, instrumentality and technology to recognize the authenticity and reliability of electronic …

What is meant by e-business?

Online Business or e-business is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups and individuals and can be seen as one of the essential activities of any business.

What is E-business and its advantages?

E-business allows for conversations to happen quickly. Faster decision-making saves time, and time is money in business. E-business allows people to communicate in several ways that facilitate understanding. If someone is not comfortable on the phone or through a video chat, there is always messaging and emailing.

What is E-business advantages and disadvantages?

Through e‐business, it is easier and faster for the business organizations to communicate with their suppliers and their customers as there is no face‐to‐face interaction. v. No Physical Space: e‐business does not require physical space for operation.

What are the types of e-business?

There are four traditional types of ecommerce, including B2C (Business-to-Consumer), B2B (Business-to-Business), C2B (Consumer-to-Business) and C2C (Consumer-to-Consumer). There’s also B2G (Business-to-Government), but it is often lumped in with B2B.

What are the 4 models of e-commerce?

E-commerce business models can generally be categorized into the following categories.

  • Business – to – Business (B2B)
  • Business – to – Consumer (B2C)
  • Consumer – to – Consumer (C2C)
  • Consumer – to – Business (C2B)
  • Business – to – Government (B2G)
  • Government – to – Business (G2B)
  • Government – to – Citizen (G2C)

What is E-business in one sentence?

An e-business is a business which uses the internet to sell goods or services, especially one which does not also have shops or offices that people can visit or phone. [business] 2. uncountable noun [oft NOUN noun] E-business is the buying, selling, and ordering of goods and services using the internet.

What is B2A transaction in E-Business?

Business to Administration (B2A) This part of e-commerce encompasses all transactions conducted online between business and public administration. For example, registration of companies, payment of taxes, getting permits, etc.

What are the six types of e commerce?

Different Types of E-Commerce

  • What Is E-Commerce?
  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Mobile Commerce (M-Commerce)
  • Facebook Commerce (F-Commerce)
  • Customer-to-Customer (C2C)
  • Customer-to-Business (C2B)
  • Business-to-Administration (B2A)