Monday, July 15, 2013


                            TRADE CYCLE                                                                  


E.Commerce is the establishment of multiple functions that includes selling products or information over the internet and the processes that are established to support a company as with physical commerce ,the trade cycle is more or less categorized into four areas .


  
 
 1. Identification of a supplier by a consumer and the agreement of terms for supply.
 2. Selecting the goods and taking delivery.
 3. Payment n invigorating are usually executed along with the selection of goods in E.Commerce.
 4. After sells services including maintenance, in which complaints are addressed , support given , and any          further involvement of the supplier with the product as specified in the terms of supply is engaged . 
 5. The term business cycle (or economic cycle) refers to economy-wide fluctuation in production , trade and economic activity an general over several months or years in an economy organised or free-enterprise principles.
 6. The business cycle in the upward and downward moment of level of GDP (Gross Domestic Product) and refers to the period of expansion and contraction in the level of economic activities (Business fluctuation) around its long-term growth trend. 

                       

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