M.COM

Overview Discuss how the Internet works Understand ways to access the Internet Identify a URL Search for information on the Web Describe the types of Web pages Recognize how Web pages use graphics, animation, audio, video, and virtual reality Define Webcasting Describe the uses of electronic commerce (e-commerce) Explain how e-mail, FTP, newsgroups and message boards, mailing lists, chat rooms, and instant messaging work Identify the rules of netiquette This chapter introduces one of the most significant innovations of the past half century – the Internet. The Internet is defined, and the history of the Internet is detailed. You discover how the Internet works and learn about Internet service providers and online services, connecting to the Internet, how data travels the Internet, and Internet addresses. The World Wide Web, search engines, and multimedia on the Web are explained. You become familiar with Webcasting, electronic commerce, Web publishing, and other Internet...

Electronic commerce or in short e-commerce, refers to business activities like selling and purchasing of products and services carried out over electronic systems like the Internet and computer networks. The history of e-commerce dates back to 1970, when for the first time, electronic data interchange (EDI) and electronic fund transfer were introduced. Since then, a rapid growth of e-commerce has pervaded almost every other aspects of business such as supply chain management, transaction processing,  Internet marketing  and inventory management. Advantages and Disadvantages of Electronic Commerce Like any conventional business, electronic commerce is also characterized by some advantages and inherent drawbacks. Let's have a look at some of these important advantages and disadvantages of electronic commerce. Advantages of Electronic Commerce The greatest and the most important advantage of  e-commerce , is that it enables a business concern or individual to reach ...

e commerce  

The Role And Importance Of Commercial Bank. The banks play very important role for the economic development of the country. The importance can be examined as under: 1. Increase in saving: The people deposit there savings into the banks and the bank pays reasonable profit on these savings. 2. Increase in investment: The money which is collected by the bank is lent to businessman and industrialist. The increase in the investment increases the level of employment. 3. Increase in employment: The banks advance loan to the investors. As a result; the industrial units are setup in different parts of the country. Hence the level of employment is increased. 4. Transfer of Money: When the people want to transfer their money from one place to another place, they get traveller cheque and the bank draft from the bank. 5. Loan  to Govt.: When the govt. needs funds to complete the public works programs, the banks provide loans to it. 6. Capital formation: the process of the capital fo...

Role Of Commercial Banks In The Economic Development Of A Country - Presentation Transcript ROLE OF COMMERCIAL BANKS IN THE ECONOMIC DEVELOPMENT OF A COUNTRY Role of Commercial Banks in the Economic Development of a Country Commercial banks play an important and active role in the economic development of a country. If the banking system in a country is effective, efficient and disciplined it brings about a rapid growth in the various sectors of the economy. The following is the significance of commercial banks in the economic development of a country. Role of Commercial Banks in the Economic Development of a Country 1. Banks promote capital formation 2. Investment in new enterprises 3. Promotion of trade and industry 4. Development of agriculture 5. Balanced development of different regions 6. Influencing economy activity 7. Implementation of Monetary policy 8. Monetization of the economy 9. Export promotion cells Role of Commercial Banks in the Economic Development of...

Functions of Commercial Banks Commercial bank's function  can be categorized into two types. 1. Primary or Principal Function 2. Secondary or Ancillary function 1. Primary or Principal Function: Primary or principal functions of a commercial bank  are three types A. Acceptance of Deposit B. Lending C. Investment A) Acceptance of Deposit:  An important function of commercial banks is to attract deposit from the public. Those people who have cash account and want their safety; they deposit that amount of banks. Commercial banks accept deposits every class and source and take responsibility to repay the deposit in the same currency whenever they are demanded by depositors. B) Lending:  Another function of commercial banks is to make loans and advance out of the deposit receive in various forms. Bank Apply the accumulated public deposits to productive uses by way of loans and advances, overdraft and cash credits against approved securities. C) Investment: ...

What Does  Commercial Bank  Mean? A financial institution that provides services such as a accepting deposits and giving business loans. Commercial banking activites are different than those of investment banking, which include underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and other corporate reorganizations, and also acting as a broker for institutional clients Privately owned  financial institution  which (1)  accepts demand  and  time deposits , (2)  makes   loans  to  individuals and  organizations , and (3)  provides   services  such as documentary collections ,  international   banking ,  trade financing . Since a large proportion of a commercial bank's deposits  is  payable on demand , it prefers to make  short-term  loans instead of the  long-term  ones (which are handled by organ...