E-commerce impacts financial management because it affects the pattern and speed with which ______ flow(s) through the company.

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22-08-2022
Business

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E-commerce impacts financial management because it affects the pattern and speed with which ______ flow(s) through the company.

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Yogeshkumari Yogeshkumari · Answer 1 · 2022-08-29T11:27:45+02:00

E-commerce has an influence on financial management since it changes how quickly and in what patterns cash moves across the business.

Electronic purchasing or selling of goods via the Internet or through online services is known as "e-commerce" (or "electronic commerce"). Online transaction processing, electronic data exchange (EDI), inventory management systems, supply chain management, mobile commerce, Internet marketing, and automated data gathering systems are just a few of the technologies that are used in the e-commerce.

The largest segment of the electronics industry, e-commerce is in turn driven by technical advancements in the semiconductor sector. Although other technologies, including e-mail, may also be used, e-commerce normally employs the web for at least some part of the life cycle of a transaction.

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