My Research Project

My research project talks about the social impact of E-commerce. E-commerce stands for electronic commerce which generally consist of buying and selling products over the Internet as well as other computer networks. Many people are unaware that credit cards, online banking, and ATM machines relate to e-commerce. E-commerce includes three business models which are B2B, B2C, and C2C. B2B (business-to-business) consist of businesses buying or selling goods and services to each other. In the B2C (business-to-consumer) model the businesses sell to all consumers. Thanks to e-commerce the C2C (consumer-to-consumer) model was introduced to the world. Consumers are now able to buy and sell products and services to one another. One website that concentrates on this business model is eBay. This website helps consumers sell their products to other consumers. Moreover, e-commerce has many effects on society. E-commerce has made it easier for people to shop. It is more convenient to shop at home at any time. In addition, it is much easier to find the precise product that you are looking for. One major concern about e-commerce is the issue of identity theft. People are afraid that their personal information might be use by hackers or credit card companies. E-commerce may continue to expand in the many years to come.