P 2.2 Discuss the global impact of e-Commerce on society. Ans Positive effects of e-commerce on society * Convenience * Helpful for disables and aged people * Time saving * Information availability * Helpful for new business * Jobs for society * 24 hour service * Available niche products * Disintermediation * Environment friendly Negative effects of e-commerce on society * Unemployment * Increase in crime * Health concerns * Natural causes * Loss to retailers * Environmental harms * Wrong information * Returns and complaints Explanation positive effects 1. Convenience : e-commerce is very convenient for customer
Environmental friendly : e-commerce is eco-friendly market because people do shopping on e-commerce through internet by sitting at home they don’t go to stores looking for things they need ,every information and product is available at internet 24 hours a day and 7 days at of week , by shopping through internet saves fuel and prevents air pollution Explanation negative effects 1. Loss to the small business man : e-commerce makes direct link between the customer and seller or manufacturer ,which shows there is no need of middle so the job of middle man is vanished and it also effects the small business and retailing they loose customer because customer prefers to purchase directly through e-commerce from manufacturing at low rate prices 2. Increase in crime rate : e-commerce increases the computer crime which also known as cyber crime ,cyber crimes includes internet –related forgers ,embezzlement ,fraud ,vandalism and the disposal of stolen goods .the potential threat to the overall development of e-commerce is serious . according to FBI there was e –commerce fraud of 30 billion in 2004 in economy 3. Creates unemployment: on the e-commerce customers purchases directly from the stores the details