A Conceptual Overview Of E-Commerce: Its Nature And Mechanisms

Abstract

This study investigated the nature and mechanisms of e-commerce by clarifying fundamental concepts and practices within this domain. The research revealed that e-commerce has emerged as a crucial alternative for competitive businesses, effectively resolving challenges prevalent in traditional commerce. E-commerce offers unique products, facilitates rapid access to commercial information, and streamlines interactions with global economic players. However, the flourishing of e-commerce requires a robust telecommunications infrastructure and a flexible, transparent legal and regulatory environment to ensure its continued growth and prosperity.