![]() ![]() ![]() The third generic trade cycle is the non-repeating commercial trade cycle and Internet e-Commerce or an electronic market is the appropriate e-technology. The syllabus of BCA is composed of theoretical, numerical as well as programming parts. ![]() Consumer transactions tend to be once-off (or at least vary each time) and payment is made at the time of the order.Internet e-Commerce is the technology for these exchanges, see Figure 2.EDI is the e-Commerce technology appropriate to these exchanges, see Figure 1. The nature of the trade cycle can indicate the e-Commerce technology most suited to the exchange.Ĭommercial transactions that are repeated on a regular basis, such as supermarkets replenishing their shelves, is one category of trade cycle. Settlement: Invoice (if any) and payment.Īfter-Sales: Following up complaints or providing maintenance.įor business-to-business transactions the trade cycle typically involves the provision of credit with execution preceding settlement whereas in consumer-to-business these two steps are typically co-incident. The e-Commerce Trade Cycle: A trade cycle is the series of exchanges, between a customer and supplier, that take place when a commercial exchange is. Pre-Sales: Finding a supplier and agreeing the terms.Įxecution: Selecting goods and taking delivery. A trade cycle is the series of exchanges, between a customer and supplier, that take place when a commercial exchange is executed. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |