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Glossary

Business

The Business Glossary is your go-to resource for mastering key business terms and concepts relevant to today’s entrepreneurs and professionals. Covering a wide range of topics from marketing strategies and financial management to leadership principles and operational efficiency, this glossary provides clear and concise definitions designed to enhance your business acumen. Whether you’re starting a new venture, scaling an existing business, or simply seeking to expand your knowledge, this glossary equips you with the insights and tools necessary to make informed decisions. Empower yourself to thrive in the ever-evolving world of business with essential information at your fingertips.

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E-Commerce

Also known as: Electronic retailing, Online shopping

“E-Commerce, also known as electronic commerce, refers to the buying and selling of goods and services, or the transfer of funds or data, over an electronic network, primarily the internet. It encompasses a broad range of transactions, including online shopping, electronic payments, online auctions, and internet banking. E-commerce can occur between businesses (B2B), between businesses and consumers (B2C), or between consumers (C2C), making it a vital component of modern business and global trade.”

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