Please help me answer this: What are the unique characteristics of e-commerce?

This is a CAT Quiz.

Ecommerce (e-commerce) or electronic commerce, a subset of ebusiness, is the purchasing, selling, and exchanging of goods and services over computer networks (such as the Internet) through which transactions or terms of sale are performed electronically. Ecommerce can be broken into four main categories: Business-to-Consumer (B2C), B2B (Business-to-Business), Business-to-Government (B2G) and Consumer-to-Consumer (C2C). Ecommerce offers a wider choice of services and types of making transactions. The characteristics of Ecommerce can be summarized as follows:

A. Business-oriented
Ecommerce is essentially business-oriented, as it is the purchasing, selling, and exchanging of goods and services. Ecommerce expands market and brings more customers. Online shopping is a more convenient way through which consumers get what they want to buy. Regardless of the size of a business, Ecommerce means opportunities to all.

B. Convenient service
In the unique Ecommerce environment, customers will no longer be confined by geographical constraints in receiving services. The prominent feature of E-service is convenience. Both consumers and businesses benefit from it.

C. System extendable
For Ecommerce, an extendable system is the guarantee of system stability. It is of vital importance that the system must be extendable when a server traffic jam occurs because a two-minute reset will result in loosing a huge number of customers.

D. Online safety
Online safety is the first priority of Ecommerce. Frauds, wiretapping, virus, and illegal entries pose constant threats to Ecommerce. Therefore, an Internet safety solution featuring end-to-end protection is called for. The solution may include various protective measures such as encryption mechanisms, digital signature mechanisms, firewalls, secure World Wide Web servers and antivirus protections.

E. Coordination
Ecommerce is a process of coordination between employees, customers, manufacturers, suppliers and business partners. The traditional Ecommerce solution can improve the internal coordination in a company, for example, via Emails. Thanks to the booming Ecommerce, many new words and expressions are being created and becoming familiar to the public. Typical examples include virtual businesses, virtual banks, online shopping, online payment, online advertising and so on. In conclusion, Ecommerce is displaying its charm to all.

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