Question

“In this age of computerization, every business paradigm is shifting towards Information Technology. One of these shifts is “Traditional Commerce to Electronic Commerce”. It is said that, “E-Commerce is helping to improve our standard of living”. Give one reason each in favor and against this argument.”

Answer 1

E-Commerce is helping to improve our standard of living as through "E-Commerce" we are buying and selling the various items online process which is saving a lot of time and cost for us on daily basis. The sample inspection and dealing are finalised online itself, so we do not able to move here and there for business.

E-Commerce is not helping to improve our standard of living, rather worsing the lives, as our physical movement of body has ended as each and every business activity is being done on online now-a-days resulting in health problems and shortening the life of the humans. Moreover, the business frauds has increased as no physical verification of anything is being done.