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GCSE Business · key term
The buying and selling of goods and services over the internet.
Used by AQA, Edexcel and OCR
Paper 1, Paper 2
Buying and selling goods or services online.
Revise: Methods of Business ExpansionThe main organic methods here are opening new stores, expanding through e-commerce, franchising and outsourcing.
Specification 1.4.2, 1.4.3, 1.5.2, 2.1.3, 2.2.4 · Paper 1, Paper 2
Buying and selling goods or services over the internet.
Revise: Business LocationE-commerce means buying and selling over the internet. It allows customers to place orders without visiting a shop, making proximity to passing customers less important.
Paper 1, Paper 2
Buying and selling goods or services over the internet; delivery may be physical or digital.
Revise: Distribution ChannelsE-commerce means buying and selling over the internet. It describes how the transaction happens, not necessarily how the product reaches the customer.
Buying and selling goods or services online, using an electronic device such as a computer, phone or tablet.
The buying and selling of goods and services over the internet, including through websites, apps and online marketplaces.
Distinguish e-commerce from digital communication: selling through a website is e-commerce; answering a customer's question by email is digital communication.
Distinguish the two terms: m-commerce uses a mobile device and is a form of e-commerce, not a separate alternative to it.
E-commerce reduces reliance on passing trade, but businesses selling physical goods still need storage and delivery arrangements.
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