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-Facilitates access to a large / wide market; since internet is worldwide (www).
-Avoids discrimination in the market; since large and small firms can transact
business uniformly.
-A faster way of doing business; since transactions are done electronically online.
-Reduces paper work; since transactions are done online.
-It is cheap; since it saves on the cost of sending, receiving and storing information.
-Provides useful information which enhance efficient and effective way of running
the business.
john3 answered the question on November 24, 2017 at 10:59
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