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The study examines the growing demand for goods and services through online businesses in India, highlighting the rapid expansion of the e-commerce market and its contribution to GDP growth. It also addresses the rise of cyber crimes associated with e-commerce, driven by the ease of creating online platforms and the complexity of data management. Additionally, the research notes the challenges posed by increasing competition and data overload in the online marketplace.

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10 views

Document (2)

The study examines the growing demand for goods and services through online businesses in India, highlighting the rapid expansion of the e-commerce market and its contribution to GDP growth. It also addresses the rise of cyber crimes associated with e-commerce, driven by the ease of creating online platforms and the complexity of data management. Additionally, the research notes the challenges posed by increasing competition and data overload in the online marketplace.

Uploaded by

nimawangkal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Objective of study

The study focuses on the demand of goods and services created through
online businesses and various other shopping websites.

The study also highlights the report given by THE TIMES OF INDIA. According
to THE TIMES OF INDIA, India is the fastest growing E-commerce market.

In India, there are many other businesses that are converting into the online
businesses or we can say the B2C businesses. The famous example is the
food outlets which are collaborating with various food delivery services like
Zomato, Swiggy, Uber eats, Food panda, and various others.

One of the most important features of this research is the contribution of E-


Commerce in the growth of Gross Domestic Product (GDP). It shows the
gradual increase in the growth of E-Commerce from 2009 to till now. Though
it is not easy to analyse the correct figures because of the fluctuation rates
of Indian economy.

E-Commerce also helped Indian economy to reduce the level of black money
as 40 per cent to 50 per cent of the urbanised population is moving towards
cashless transactions for buying any goods and services online. Though the
numbers are not so big enough to completely vanish the black money but
somehow it does support the protest against raising black money.

Problem of study

The research study shows that how E-Commerce is indirectly resulting to the
CYBER CRIMES and the frauds that are taking place at a fast rate. It is easier
to hide behind the false details because of the less manual efforts required to
design any online websites. The other reason is the COMPLEXICITY LEVEL of
the data generated through the households sectors, government sectors,
private sectors and many other sectors in an economy which are
uncountable at international level.

The other major aspect is the rush and increasing competitions in the
marketing of various goods and services that is very hectic to identify and
analyse in a single data sheets. Day by day, year by year, decades by
decades more and more businesses are moving towards the online
businesses. This can also be the serious concern because of the over-
burdened and over flow of the data storage in a second or a minute. This
results in inflation in economy.

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