Activity 7.2: Reflection

 Minimizing the Risk of E-commerce

    Despite the convenience of buying products online, there are a lot of risks that you may encounter when making purchases. Product risk, privacy risk, temporal risk, and financial risk are some of the risks that you may experience while buying online.

 

    In order to avoid or mitigate these risks, a person should be mindful of his or her buying decisions. Before you venture into the world of e-commerce, it is important to read and understand the terms and conditions for each platform. Consumers must understand that some personal information might be disclosed and that their privacy may be lost.

 

    Furthermore, it is crucial to purchase goods from reliable and legitimate sources. The amount sold and the reviews from other people may help you find a store that you can trust your money and effort with.