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Benefits of e-commerce

Answer Text:
Benefits of E-Commerce
E-commerce has the following benefits/advantages:
-One is able to access the market worldwide, as the countries are connected to the internet
-There is no discrimination, as both the small and large industries are able to transact through the internet
-It is fast to transact the business through internet, as it saves on travelling
time and therefore suitable for urgent transaction
-It is cheap especially on the cost of sending, receiving and storing information
-It is easy for firms to share valuable information about production