Ecommerce Defined

In its simplest terms, Ecommerce or E-commerce or eCommerce – how ever which way the word shows up, is an interchange of goods or commodities (products or services) that is very similar to any kind of commerce that exists. It differs from the other types of commerce such as foreign commerce and domestic commerce on only two attributes. One, ecommerce can be both accomplished on foreign and domestic scales; and two, it accommodates every kind of trader, from those trading in small, medium and large scale businesses, to those in micro businesses.
Foreign and domestic commerce both happens on a large scale basis. Foreign commerce is between different countries, while domestic commerce happens with business entities between different parts of the same country.
[removed] is a fusion of the words “electronic” and “commerce.” This basically means that all transactions happen over the electronic systems like the Internet or other computer networks - a good example of which is stock brokering, where most of the transactions from bidding to selling can happen via computer links inside and outside the stock markets.

What is the questions or statement?

e-commerce commanly Known as Electronic commerce. It refers to Business over the Internet. Buying and selling Products via the Electronic System, such as Internet and Network. It draws by using such technology. They are:
1. electronic fund Transfer
2. Supply Chain Management
3. Internet Marketing and
4. online transaction processing

Electronic commerce, commonly known as e-commerce, is the buying and selling of product or service over electronic systems such as the Internet and other computer networks. Electronic commerce draws on such technologies as electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices social media, and telephones as well.