Grade 13 Unit 12 ICT in Business Part 05

Описание: Welcome to the Sri Lankan Advanced Level ICT educational video series based on the National A/L ICT syllabus. This lesson continues the discussion on eCommerce, a key concept in modern digital businesses and the digital economy.

Electronic Commerce (eCommerce) refers to the process of buying and selling goods or services over electronic networks such as the Internet. Through eCommerce platforms, businesses can conduct transactions, manage orders, communicate with customers, and process online payments digitally.

In this lesson you will learn,
Key concepts of Electronic Commerce.
Different eCommerce transaction models.
Online payment systems used in eCommerce.
Benefits of eCommerce for organizations and consumers.
Challenges and risks of online business.
Examples of eCommerce applications in the modern digital economy.

Common eCommerce Models,
Business to Business (B2B) – Transactions between businesses such as manufacturers and wholesalers.
Business to Consumer (B2C) – Online businesses selling directly to customers through websites or mobile applications.
Consumer to Consumer (C2C) – Individuals selling products or services to other individuals using online marketplaces.
Consumer to Business (C2B) – Individuals offering services or products to companies through online platforms.

Advantages of eCommerce,
Global market reach.
24-hour online availability.
Reduced operational and marketing costs.
Faster business transactions.
Improved customer convenience.

Challenges of eCommerce,
Security and privacy issues.
Online payment risks.
Dependence on internet connectivity.
Delivery and logistics challenges.

This lesson is designed to help Sri Lankan A/L ICT students understand important examination concepts related to ICT in Business, Digital Economy, and Electronic Commerce.

#ALICT #Grade13ICT #ICTinBusiness #eCommerce #SriLankaEducation #AdvancedLevelICT