Modern Modes of Business
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Normally, to buy goods and services we visit the nearby market.
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To book the train tickets we go to the rail reservation counters.
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To make deposits and withdrawals of money we visit banks personally
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Now-a-days all these facilities are available at our doorstep.
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All these transactions are now being done with the help of Internet.
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We can visit the world market at any time just sitting at our home.
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We can avail of many facilities without visiting the shops or the market physically.
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All these developments are the result of the changes in the economic policies effected by the government.
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Learn in details about all these modern modes of business.
Mode of Business
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To buy goods and services we usually go to a nearby market personally where buyers and sellers get together for transactions.
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The buyers check the quality and bargain the price.
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These are the common modes of business transactions.
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The activities of production, marketing, selling, banking, insurance etc. are all carried on at a faster speed through the use of computers and Internet.
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When all these activities are carried on electronically it is commonly referred to as ‘Electronic Business’ or ‘e-Business’.
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Internet plays an important role in all e-Business activities
Internet
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The Internet, sometimes called simply the ‘net’, is a worldwide system of computer network through which the users at any computer can access the information from other computers.
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It provides information regarding
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Science and technology
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History
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Politics
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Sports
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Business
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Current events
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Music
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Entertainment
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News
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Many more topics
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It Helps the Users
Image Showing the Internet Helps the Users
Showing the internet helps the users in image