An online catalogue is a digital version of a product listing that allows customers to browse and view available products or services. Online catalogues are essential for e-commerce websites, enabling users to explore products before making a purchase decision.
Building a business on the net refers to establishing and growing a business using the internet as a primary platform for operations, marketing, sales, and customer engagement. The internet provides various opportunities for businesses to reach a wider audience, reduce operational costs, and increase efficiency.
Business to Consumer (B2C) is the most common form of e-commerce. It involves transactions between businesses and individual consumers. B2C websites sell products or services directly to end-users.
E-commerce systems need to have specific capabilities to function effectively. These capabilities ensure a seamless transaction process for businesses and consumers. The key capabilities include:
Traditional Commerce refers to the buying and selling of goods and services that occur in a physical setting, typically in brick-and-mortar stores. Transactions are conducted in person, and customers engage directly with sellers. Traditional commerce has been the primary mode of trade for centuries and remains widely used today.
E-Commerce (Electronic Commerce) refers to the buying and selling of goods and services over the internet. It involves online transactions, where individuals and businesses engage in commerce via websites or online platforms. E-Commerce has transformed the way businesses operate and has enabled them to reach a global market with minimal overhead costs.
E-Commerce (Electronic Commerce) refers to the buying and selling of goods and services using the internet. It has revolutionized the way businesses operate, enabling them to reach customers globally through online platforms. With the growth of digital technology, e-commerce has become an essential part of the modern economy, offering convenience for both businesses and consumers.
Tally is a versatile accounting software that supports multiple languages, making it accessible to users from various linguistic backgrounds. The ability to switch between different languages helps businesses across the world work more efficiently while using Tally's features. This section explores how to configure and use Tally's interface in different languages.
Costing systems and financial analysis play a vital role in understanding business performance, managing resources, and ensuring profitability. This section covers the basics of costing systems, financial ratios, financial statement analysis, inventory management, invoicing, and tax-related processes in Tally software.
Effective budgeting, scenario management, and variance analysis are essential tools for businesses and organizations to manage their finances and ensure that they meet their financial goals. These processes help in monitoring performance, planning for the future, and understanding deviations from expected outcomes.