Code and Commerce

The World of Online Marketplaces: An Overview of Amazon, Etsy, and eBay. Which one is best? Amazon Amazon is the largest online retailer in the world, with a revenue of $386 billion in 2020. It was founded in 1994 by Jeff Bezos and began as an online bookstore before expanding to include other products such as electronics, clothing, and household items. Amazon's marketplace allows sellers to list their products alongside Amazon's own inventory, giving them access to a massive audience. Amazon charges a referral fee for each sale made through their marketplace, which varies depending on the product category. For example, referral fees for electronics can range from 6% to 45% of the item's sale price, while referral fees for jewelry can range from 20% to 45% of the item's sale price. Additionally, Amazon offers subscription fees for sellers who want access to additional tools and features, such as bulk listing and advertising services. One of the key features of Amazon...

Artificial Intelligence (AI) and Machine Learning (ML) Artificial Intelligence (AI) and Machine Learning (ML) are popular buzzwords often used interchangeably. However, there are some fundamental differences between the two concepts. In this article, we'll explore what AI and ML are, how they work, and their potential impact on various industries. Table of Contents        1.      Introduction 2.    What is Artificial Intelligence?   Types of Artificial Intelligence   Applications of Artificial Intelligence 3.  What is Machine Learning?            Types of Machine Learning        Applications of Machine Learning 4.    Differences Between AI and ML 5.   Advantages of AI and ML          Improved Efficiency          Enhanced Decision Making         Cost Savings 6.  Challenges and ...

Businesses operate in a dynamic and constantly evolving environment. One of the most critical aspects of running a successful business is accounting, which involves the systematic recording, reporting, and analysis of financial transactions. Accounting can help businesses take an initiative approach to make informed decisions about investments, expansion, and cost-cutting measures. The importance of accounting as an initiative approach: Accounting is essential for businesses as it helps in tracking revenue, expenses, and profits. By analyzing financial statements and other accounting records, businesses can identify areas where they can improve profitability and reduce expenses. This information can be used to make informed decisions about investments, expansion, and cost-cutting measures. Accounting also helps businesses comply with tax laws and regulatory requirements. Understanding B2B and B2C businesses: Businesses can be categorized into two main types: Business-to-Busine...

  “AI is human friendly not enemy of Humans” Artificial Intelligence (AI) is a rapidly growing field that is transforming the way we live, work, and interact with technology. Despite the many benefits that AI brings, there is a common perception that AI poses a threat to human existence. This is largely due to the fear that AI will take over jobs and cause widespread unemployment. However, the reality is quite different. AI is not the enemy of humans, but a human-friendly technology that can enhance our capabilities and help us achieve more. One of the most significant advantages of AI is that it can automate routine and repetitive tasks, freeing up humans to focus on more complex and creative work. AI can also analyse vast amounts of data, identify patterns and insights that are difficult for humans to detect, and make predictions that can help us make better decisions. In addition, AI can improve the accuracy and efficiency of many tasks, leading to improved outcomes and reduced ...