E-commerce: Meaning, Advantages and Disadvantages

E-Commerce Meaning 

Electronic commerce or e-commerce is the process by which business houses and consumers purchase and sell goods and services via an electronic medium. It emerged in the 90s decade and the usage of it has increased at a rapid pace. Many of the corporate organizations have websites of their own. Now a days, not only e-commerce companies, but also other organizations are having their online presence. Amazon, Ebay, Flipkart, etc are some of the corporate houses which are carrying on their e-commerce business in India. E-commerce business is of three types. Business to Consumer (B to C) is the most popular type in which a business concern sells to the consumers products and services directly over the internet. In Business to Business (B to B), the companies sell their products to other companies via internet. The last but not the least is the Consumer to Business (C to B). It involves selling of goods and services by the consumers to the business houses.

ADVANTAGES OF E-COMMERCE (Pros & Benefits)

The benefits of e-commerce are listed as follows:-

1. Cost Effective: The entire transactions are electronic. So, purchases of goods for consumers are cheaper than purchasing them by physically visiting the stores.

2. Higher Margin: E-commerce enables in reducing cost of purchases for the customers. Therefore, volumes of sales increase which eventually results in higher amount of profit margin.

3. Quick Comparison: E-Commerce helps a prospective customer comparing prices of goods manufactured by numerous business houses in no time. It aids in smart shopping.

4. Economy Benefit: It helps the E-commerce entities to operate in cost effective manner. Investment on stores, machineries, etc. are not required. The business concern only needs an user friendly website and qualitative customer service.

5. Easy to find reviews: The e-commerce companies also provide reviews of the customers on the various products and services hosted on their websites. For a potential customer, these reviews will make him/her well informed about the product and it will help/him her to make choice of purchase.

DISADVANTAGES OF E-COMMERCE (Cons & Drawbacks)

E-commerce suffers from a few drawbacks as well. Let us have a look at the limitations of the same.

1. Security: They mechanism of making the payment by the customers may not be safe. Customers also need to have confidence and trust on the genuine E-commerce entities.

2. Scalability of System: People are becoming tech savvy. A company definitely needs a very well developed website to support numbers of customers at a time. If your web destination is not well enough, you better forget it.

3. Integrity on Data and System: Customers require secured access all the time. Apart from that, data protection is also important. If the transaction cannot meet such requirement then e-commerce is not an alternative to choose.

4. Focus on products: People who like to buy products by physically seeing them will not be that interested in buying them from an E-commerce business concern.

5. Delay in receiving goods: It takes a few days on a general basis to for an order to reach the customer’s place. Although, the companies promise quick deliveries but the customers need to be mentally prepared for the delays.

Conclusion on Pros and Cons Of Ecommerce 

E-commerce is the need of the hour in the business world. In India, several business houses are resorting to e-commerce to expand their business and retain their existing customers. As India is heading towards cashless economy, the need of e-commerce is going to increase at a rapid pace in the next few years.

Pollution Causes and Effects : Essay, Speech, Paragraph

Essay on Pollution

Pollution is the modern day scourge that has affected the various facets of modern life. In big cities we witness hazy skies creating problems for the inhabitants and causing numerous diseases. More often than not, internet and newspapers are filled with information about the increase in the levels of the carbon monoxide and Sulfur Dioxide in the atmosphere. In fact, now it is well known that pollution is caused due to various reasons. Therefore, in the below-mentioned paragraph, we enumerate the causes as well as the effects.

Causes of pollution

Mining

Industrial mining of the minerals is considered as one of the primary causes of pollution. For instance, Coal is required to produce electricity; therefore toxic thermal fumes are emitted into the atmosphere from the mines. It increases the percentage of the carbon-dioxide and makes breathing difficult.

Agricultural activities

Agriculture has been one of the primary sources of occupation since time immemorial but due to growing population, the farmers are hard pressed to increase crop production. It is only possible with the help of chemical fertilizers and they in turn cause soil pollution.

Vehicular emission

Modern vehicles tend to emit a lot of pollution in the air due to the burning of the combustion engine. Due to the implementation of the stricter norms, the level of the soot and carbon has decreased the nevertheless number of people buying a car has increased and it has enhanced the cumulative quantity of the pollutants in the atmosphere.

Industrial activities

Growing population and developing economy has resulted in massive industrialization. Big and small companies are opening manufacturing plants to produce goods and accessories. Some of the units release pollutants as the bye product. For instance, dye making factories are known to cause pollution no matter how they follow the norms of the government.

Effects of Pollution

Rise of carbon mono oxide

The rise of the carbon content in the atmosphere is accompanied by the global warning. As a result, the average temperature of the environment increases. Scientists have predicted that the world will face more floods because the glaciers in the mountains may melt. It is bound to cause untold destruction to the people in plains.

Health issues

Look at your vicinity and you would find a lot of people suffering from respiratory trouble.  Moreover, people exposed to harmful pollutants are likely to suffer from cancer and other types of life-threatening diseases.

Ozone layer depletion

Ozone layer plays an important role in the protection of the environment as it blocks the entry of the harmful ultraviolet rays. Increased level of radiation can cause skin cancer to the individuals. Carbon reacts with ozone gas resulting in its depletion in the atmosphere. Moreover, appliances that release CFC or chlorofluorocarbons can cause similar issues.

Infertility

Indiscriminate use of fertilizers such as pesticides and insecticides can reduce the fertility of the soil and result in the reduction of the crop production. In short, it would create huge problems in the form of famine and starvation of the general population.