Question on: SS2 ICT - Internet III
In what ways do e-commerce services influence the global economy and consumer behavior?
E-commerce services have reshaped the global economy and consumer behavior in multiple ways. They enable businesses to reach a broader audience beyond their local markets, potentially leading to increased sales and revenue. Consumers benefit from the convenience of shopping online, with access to a vast array of products and services from around the world. E-commerce has also encouraged competition, innovation, and price comparison. However, it has also raised concerns about the impact on brick-and-mortar stores, the environmental implications of increased shipping, and the need to address online security and privacy concerns for both businesses and consumers.
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