"THE SIGNIFICANCE OF E-COMMERCE IN EMERGING MARKETS"

Registration ID: IJNRD_201009

Published ID: IJNRD2307064

DOI: Click Here to Get

RESHMA P

Keywords: E-commerce, emerging markets , Principal Components, Community Economic Development, E-Commerce Opportunities and E-Commerce Business Models.

ABSTARCT Modern growth in the economy could be significantly impacted by electronic commerce. The future of business will be completely transformed by internet commerce. E-commerce will change banking in the twenty-first century. The global economy has been impacted by e-commerce in numerous ways. First and foremost, it has influenced information technology and all economic sectors. Above all, e-commerce has increased productivity growth globally, and this impact will be discussed. People are now able to determine the number of qualified individuals is required to advance their nation's information economy or estimate how much money is required to give businesses access to the internet. Some nations are now opposed to comparing their economies to those of competitors on a global scale since they have already benefited from the consequences. The term “e-commerce” is one way to express the potential of ICT to reshape all kinds of economic transaction processes. It affects all stages of communication before, during and after deliver of goods or services, and the payment flow respectively. This paper finds out how within the field of e-commerce a new breed of B2C and P2P market segments for buying and selling digital goods and services is emerging. The paper also focuses on the integration of payments and payment related steps in both areas of retail e-commerce. The paper makes an in depth analysis of the interfaces between actors and their respective systems, e.g. between customer and merchant, merchant and payment service provider, payment service provider and banking system. The paper is basically intended to make us understand how the process of economic development within a community is integrated with the new ICT based services especially e-commerce in developing countries.

Published Paper   E-Certificate

RESHMA P (July-2023). "THE SIGNIFICANCE OF E-COMMERCE IN EMERGING MARKETS". INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(7), a503-a510. https://ijnrd.org/papers/IJNRD2307064.pdf

Volume 8 Issue 7, July-2023

Pages : a503-a510

Paper Reg. ID: IJNRD_201009

Published Paper Id: IJNRD2307064

Downloads: 000121994

Research Area: Commerce

Country: Kasaragod District , Kerala, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2307064.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2307064

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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