It is highly essential for you to understand the 5-C model of E-commerce. It includes commerce, collaboration, communication, connection, and computation. Commerce deals with electronic marketplaces there is a matching of customers and suppliers, an establishing of the transaction terms, and the facilitation of exchange transactions. Collaboration is a vast nexus, or network, of relationships among firms and individuals. Communication is an interactive medium; the web has given rise to a multiplicity of media products. Connection includes common software development platforms, many of them in the open-source domain, enable a wide spectrum of firms to avail themselves of the benefits of the already developed software. Computation includes Internet infrastructure enables large-scale sharing of computational and storage resources. Once you understand the 5-C model it will be much easier for you to understand the e-commerce industry and you can achieve your goals.
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Answered 5 months ago

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