Mumbai University > Information Technology > Sem 7 > E–Commerce & E-Business

Marks: 10 M

The e-Commerce Trade Cycle:

• A trade cycle is the series of exchanges, between a customer and supplier, that take place when a commercial exchange is executed. A general trade cycle consists of:

  Pre-Sales: Finding a supplier and agreeing the terms.

  Execution: Selecting goods and taking delivery.

  Settlement: Invoice (if any) …