Operationally, one may visualise three
Chapter 5: EMERGING MODES OF BUSINESS · BUSINESS STUDIES · EN medium
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Operationally, one may visualise three stages involved in online transactions. delivery stage (see Figure . ). It may be observed from Figure . that, except the stage relating to delivery, all other severe time and cost constraints. In face- to travel to be able to talk to the other party, requiring travel effort, greater time can be transmitted by post too, but this the fourth channel which is free from most of the problems referred to above. and music, even delivery can take place online. discussing the seller’s perspective in the us follow Rita and Rekha browsing indiatimes.com (Exhibit . ). that need to be filled in is a ‘password’ can login using your name and shop in your name. This can put you in trouble. (ii) Placing an order: You can pick and drop the items in the shopping cart. items out of your cart, likewise, you can do so even while shopping online. After being sure of what you want to buy, you can ‘checkout’ and choose your payment options. made in cash at the time of physical delivery of goods. end. Upon realisation, the delivery of goods may be made. facility of electronic transfer of funds over the net. In this case, therefore, who may, then, proceed to arrange for the delivery of goods.
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