Overlooked are the days when the business activities such as the exchange of goods and services for the money, between 2 parties, had to take a place in a traditional environment. The consumer going to the market, checking out a variety of goods, picking needed items, buying them and then paying the precise amount is what a distinguishes traditional commerce. However, now with the advent of technological innovations, modern techniques of the selling goods and services have arisen. For example, e-commerce sites , where people purchase and sell commodities via the Internet.
Both modes E-commerce and traditional commerce have their own merits and demerits, here, the students can learn the meaning of the traditional commerce and e-commerce.
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