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Business Comms > Digitak Trading > Flashcards

Digitak Trading Flashcards

(5 cards)

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1
Q

Digital trading definition

A

Digital trading refers to ordering buying and selling and paying for products and services using internet

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2
Q

Digit,a trading and buisnnews advantage

A

Cost effective
Provides access to global market
Some businesses won’t need a high street location or expensive showrooms
Effective website will give business a professional image

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3
Q

Digital trading and business disadvantages

A

Adds security issues
Costs associate with the design and updating of the website
Technical difficulties
Security concerns
Increased competitors

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4
Q

Digital trading and customers advantage

A

May benefit from lower prices due to reduced costs placed on the business
Can shop from home
Shop 24/7
Have their products delivered without inconvenience of visiting shop

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5
Q

Digital trading and customers disadvantage

A

There will be time delays between purchase and delivery
Website details may be innacuaprste
Not all customers may have computers
Orders places can be if customer makes error when ordering

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Business Comms (4 decks)

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