*Professor, Department of Commerce, K.B.College of Arts and Commerce for Women, Kopri, Thane (E), India.
**Professor, Department of Accountancy, K.B.College of Arts and Commerce for Women, Kopri, Thane (E), India.
The use of electronic commerce by business in developed countries has grown considerably in the past few years. While the private sector appears to be benefiting from this low-cost means of reaching consumers worldwide, the question remains: can e-commerce be used effectively by other sectors to generate revenue? The Services Sector constitutes a large part of the Indian economy both in terms of employment potential and its contribution to national income. The Sector covers a wide range of activities from the most sophisticated in the field of Information and Communication Technology to simple services pursued by the informal sector workers, for example, vegetable sellers, hawkers, rickshaw pullers, etc.
It is very important to know about the position of e-commerce in developing countries. How it is very important in the development of the entrepreneurs and also different sectors.
E-commerce is now a days benefited in all field like Human Resources. E-commerce cuts a virtual contact with one another. It offers a win-win platform to both customers and businessmen and provides a way to instantly satisfy demand for products, services and information of each customer individually. Customers gets the convenience, variety, cost saving and anonymity.
Our paper aims to examine the importance of e-commerce in developing country like India and also it's important in the growth of different service sectors. our research paper also tries to review the present situation and prospects of e-commerce.
Methodology applied in doing my study is collecting secondary data and articles in esteemed newspaper and different sites on e-commerce in the net.
E-commerce, B2B, SME, Security, Challenges and opportunity
