1. Electronic Commerce System Presented by: Sadia Ruknin (ID # ) Member 2 (ID # ) Member 3 (ID # ) Member 4 (ID # )

7. Pro’s and Con’s (for consumer): On average 1/9 th of the stock is available online Wide Selection to choose from Risk of being hacked Easy access 24/7 One can get addicted Transaction can be done from anywhere Not everyone is connected to Internet Reduced prices Unable to examine products personally No checkout queues Con’s Pro’s

8. Pro’s and Con’s (for business): Has to depend on availability of power, internet, hardware, etc. Maintenance cost is minimized. Regular updating might lead to extra labour costs and training and retraining costs. Enable them to achieve greater economics of scale Website would have to be constantly updated. After they have paid off their capital costs, it should increase their productivity Distribution must be very efficient Enables them to access international markets Hardware and software are essential and these takes lot of spaces Should increase their market share Con’s Pro’s