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ˈiːˌkɒm.ɜːrs
noun
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The process of buying and selling goods or services through the internet.
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E-commerce has revolutionized the way people shop.
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online shopping, digital marketplace, electronic trade
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traditional commerce, offline business, brick-and-mortar store
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ˌɔː.təˈmeɪ.ʃən
noun
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Replacing manual work with machines or software.
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Automation increases efficiency and reduces errors in production.
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mechanization, robotics, AI integration
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manual operation, human labor, handcrafted
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ˌpɜː.sən.ə.laɪˈzeɪ.ʃən
noun
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Customizing services or products according to user preferences.
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Online stores use personalization to improve customer experience.
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customization, tailoring, individualization
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standardization, uniformity, generalization
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ˌɪn.tɪˈɡreɪ.ʃən
noun
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Combining different systems, components or services together.
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The integration of AI in e-commerce enhances customer service.
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unification, merging, incorporation
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segregation, disconnection, fragmentation
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ˈsiːm.ləs
adjective
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A process or service that works without any interruption.
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A seamless checkout process improves user satisfaction.
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smooth, effortless, flawless
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disruptive, complicated, inefficient
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fəˌsɪl.ɪˈteɪ.ʃən
noun
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Making any work or process easy and effective.
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Payment gateways ensure the facilitation of online transactions.
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assistance, aid, simplification
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hindrance, complication, obstruction
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ˌɒp.tɪ.maɪˈzeɪ.ʃən
noun
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Improving processes to increase performance and efficiency.
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SEO optimization helps websites rank higher on search engines.
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enhancement, refinement, maximization
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inefficiency, wastefulness, suboptimization
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ˈkrɪp.toʊˌkɝː.ən.si
noun
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Decentralized digital currency operated using blockchain technology.
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Bitcoin is the most popular cryptocurrency in the market.
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digital currency, blockchain-based money, virtual money
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fiat currency, traditional money, physical cash
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dɪsˈrʌp.tɪv
adjective
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Something that brings major changes to the existing market or industry.
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E-commerce has been disruptive to traditional retail businesses.
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innovative, transformative, game-changing
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stabilizing, conventional, predictable
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ˌmʌn.ɪ.taɪˈzeɪ.ʃən
noun
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Converting an asset or service into a way of earning money.
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YouTube allows content creators to earn money through monetization .
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revenue generation, commercialization, profitability
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non-commercialization, free access, unprofitability
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daɪˌvɜː.sɪ.fɪˈkeɪ.ʃən
noun
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Strategy of investing or expanding income in different sectors.
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Companies adopt diversification strategies to reduce risk.
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expansion, variation, differentiation
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specialization, uniformity, narrow focus
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ləˈdʒɪs.tɪks
noun
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The process of providing goods, information, and organizations at the right time and place.
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Efficient logistics is crucial for e-commerce businesses.
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supply chain, coordination, operations management
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disorganization, inefficiency, mismanagement
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prəˌlɪf.əˈreɪ.ʃən
noun
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Something spreading or growing rapidly and extensively.
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The proliferation of smartphones has changed communication.
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expansion, multiplication, spread
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decline, reduction, contraction
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ˈbɛntʃˌmɑːr.kɪŋ
noun
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Comparing with a specific industry or competitor to set the best standards.
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Companies use benchmarking to assess their performance.
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standardization, evaluation, performance comparison
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inconsistency, guesswork, non-comparison
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ˈɛf.ɪ.kə.si
noun
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The degree of being effective in achieving specific goals.
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The efficacy of a new drug must be tested before approval.
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effectiveness, success, performance
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inefficiency, failure, weakness
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ˌɔːɡ.menˈteɪ.ʃən
noun
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Increasing quantity, power or performance.
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The company invested in the augmentation of its workforce.
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expansion, enhancement, amplification
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reduction, decrease, shrinkage
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səˌfɪs.tɪˈkeɪ.ʃən
noun
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High level of complexity or refinement.
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The sophistication of modern AI technology is remarkable.
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refinement, elegance, complexity
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simplicity, crudeness, basic
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daɪˈkɒt.ə.mi
noun
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Division between two opposite parts or concepts.
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The dichotomy between work and life balance is challenging.
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division, contrast, dualism
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unity, harmony, agreement
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ɪˈmjuː.tə.bəl
adjective
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Something that never changes or cannot be transformed.
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Blockchain technology is based on immutable records.
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unchangeable, permanent, fixed
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changeable, flexible, alterable
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ˈrɛz.ə.nəns
noun
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Echo of sound, idea or feeling or deep reaction.
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The speaker's message had strong resonance with the audience.
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vibration, impact, relevance
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dissonance, weakness, flatness
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ˌvaɪ.əˈbɪl.ɪ.ti
noun
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The possibility of something being successfully implemented or practical.
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The viability of the project depends on funding.
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feasibility, sustainability, practicality
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impracticality, unsustainability, infeasibility
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