Q. Computers and Accounts receivable (6 marks) Explain how computers have become essential to online retailing....

Q. Computers and Accounts receivable

Explain how computers have become essential to online retailing. Use eBay as an example.

Expert Solution

E-commerce has taken over the retailing world in the past decade. With a few clicks, any item you desire can be delivered at your doorstop. Technology has played a role of prime importance in accomplishing this feat and so have the medium i.e. computers.

Let us consider the example of e-bay. E-bay is an online market place which gets buyers and sellers together. All these buyers and sellers use a common interface to connect i.e. their computers. Buyers use the search engine to look for their requirement, sellers use the uploading function to display information about their product along with the features. Buyers frequently bid online and a sale is made at the price agreeable to both buyer and seller.

All of these activities happen online with just a few clicks. Further, payment is made online and the billing and shipping address is fed to the website's database for delivery purposes. Any return queries can also be addressed later using the return within 7 days policy.

Thus, it can be concluded that without computers an online market place like e-bay would not exist.

ekkarill92 answered 1 year ago

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Q. Computers and Accounts receivable (6 marks) Explain how computers have become essential to online retailing....

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