E-Commerce: Its Status and Impact on Business in Bangladesh

Abstract

Though the concept of e-commerce is not so old, it has become vary familiar as well as quite popular in Bangladesh for the causes of its bright prospect and application simplicity. The study shows that e-commerce has a wide range of significant impact on business elements including finance, production, marketing, transportation, payment systems and so on. Almost all the impacts of e-commerce affect the businesses positively and the business firms get benefits in numerous ways such as fast and improved business communication, reduced production cost, higher the productivity, quality goods and services etc. are the ultimate results of e-commerce in Bangladesh. E-Commerce has discovered the new horizon of doing business worldwide i.e., it has shown the exclusive business opportunity of 'boundary crossing'.

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