Impact of e-commerce on global business and opportunities–a conceptual study

Abstract

The purpose of this study is the find out the growth and influence of E commerce and its effects on today’s business aspects and job creation. E- Commerce is growing at a rapid pace across the world with the penetration of smart phones and internet across the different levels of society across the world. The growth and its gains are already visible from the studies in developed countries, but with the business going to developing and underdeveloped nation, we will be witnessing greater positive results going forward. E Commerce opens a channel of global business, which will witness incremental business in days to come. With the impact of globalization and relaxation in export and import between nations, economies across the world will witness better knowledge and information technology growth and innovations. In addition to the above E commerce will play an important role in way marketing is done and job markets.