Financial Model E-Commerce (FBA&FBM)
Originally published: 17/05/2022 14:19
Last version published: 15/06/2022 15:45
Publication number: ELQ-19248-2
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Financial Model E-Commerce (FBA&FBM)

Financial Models help businesses in making better decisions which impact the business plan and lets you explore your options. (upto 20 products)

Description
E-commerce, in full electronic commerce, maintaining relationships and conducting business transactions that include selling information, services, and goods by means of computer telecommunications networks.
Although in the vernacular e-commerce usually refers only to the trading of goods and services over the Internet, broader economic activity is included. E-commerce consists of business-to-consumer and business-to-business commerce as well as internal organizational transactions that support those activities
E-commerce originated in a standard for the exchange of business documents, such as orders or invoices, between suppliers and their business customers.The resulting computer-to-computer electronic data interchange (EDI) standard is flexible enough to handle most simple electronic business transactions.
With the wide adoption of the Internet and the introduction of the World Wide Web and of the first browser for accessing it, most e-commerce shifted to the Internet. More recently, with the global spread of smartphones and the accessibility of fast broadband connections to the Internet, much e-commerce moved to mobile devices..
E-commerce has deeply affected everyday life and how business and governments operate. Commerce is conducted in electronic marketplaces (or marketspaces) and in the supply chains working on the Internet-Web. Consumer-oriented marketplaces include large e-malls (such as Amazon), consumer-to-consumer auction platforms (eBay, for example), multichannel retailers (such as L.L. Bean), and many millions of e-retailers. Massive business-to-business marketplaces have been created by Alibaba and other companies. The so-called sharing economy enables more efficient use of resources, as Airbnb does with online rentals of private residences. Almost instantaneous access to services is made available by on-demand platforms offering, for example, transportation (e.g., Uber), computation and storage resources furnished by cloud service providers, and medical and legal advice. Mass customization of goods sold online, such as garments and vehicles, became common. Electronic currencies (or cryptocurrencies) such as Bitcoin entered into play as the means of settlement. Semipermanent supply chains enable a hub company (such as Dell) to surround itself with suppliers that perform most production tasks and deliver other goods and services to the central firm.

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