5. How will e-commerce benefit you? Explain.

E-commerce Benefits for Individuals

E-commerce refers to the buying and selling of goods or services over the internet. There are several ways in which e-commerce can benefit individuals:

• Convenience: E-commerce offers convenience as customers can shop from the comfort of their own homes and have products delivered to their doorstep.
• Wider Range of Options: E-commerce provides a wider range of options and allows customers to compare prices and reviews before making a purchase.
• Opportunities for Online Businesses: E-commerce opens up opportunities for people to start their own online businesses and reach a global audience.

By harnessing the power of e-commerce, individuals can enjoy the convenience of shopping online, access a broader selection of products, and even explore entrepreneurial opportunities.