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प्रश्न
Distinguish between Traditional business and E-business.
How is e-business different from traditional business?
Distinguish between the following:
Traditional business and E-business
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उत्तर
| Sr. No. | Point of distinction |
Traditional business |
E-Business |
| 1. | Formation | A traditional business takes a lengthy and complicated procedure to form. | E-Business is easy to form. |
| 2. | Setting up cost | It takes huge capital in order to setup. | It takes a very nominal cost. |
| 3. | Risk involved | Less risk is involved as parties have personal interaction. | High risk involved as there is no direct contact between the parties. |
| 4. | Scope of business | Traditional business is limited to a particular area, so the scope is limited. | E-business covers the entire world and so the scope is vast. |
| 5. | Customer interaction | Face to face interaction is possible. | In e-business, there is an absence of face-to-face interaction. |
| 6. | Physical inspection | Goods can be inspected physically before purchase. | E-business resources focus on demand-side. |
| 7. | Resources focus | Traditional business resources focus on supply-side. | E-business resources focus on demand-side. |
| 8. | Delivery of goods | In traditional business, delivery of goods is instant. | In E-business delivery of goods takes time. |
| 9. | Usage | It is ancient and still in usage where the digital network is not reachable. | It is used to save valuable time and money. |
| 10. | Accessibility | It is available during the limited time. | It is available round the clock. |
| 11. | Scope | It is difficult to perform more business in this model. | More business can be done easily without any hassles. |
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संबंधित प्रश्न
Write the word or phrase or term which can substitute the following:
The term derived from the terms e-mail and e-commerce.
Write short note on the following:
Advantages of e-business.
State with reasons whether the following statements are True or False
e-business allows you lo work across the globe in any field.
Select the proper option from the options given below and rewrite the completed sentence:
The term “e-business” is derived from the terms ________ and e-commerce.
Select the proper option from the options given below and rewrite the completed sentence:
An electronic facility of transferring funds through the internet is _______ transfer.
Write short note on the following:
E-business
Write short answers for the following question:
What is e-business?
Write short answers for the following question:
What are the advantages of e-business?
Answer the following.
What are the advantages and disadvantages of e-business?
Answer the following question:
What is a Dictaphone?
Briefly explain four advantages of the following: Telefax
Answer the following question:
How does a business reply card help a business concern?
Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.
State any three differences between e-business and traditional business.
Why are e-business and outsourcing referred to as the emerging modes of business? Discuss the factors responsible for the growing importance of these trends.
Elaborate the steps involved in on-line trading.
Discuss the salient aspects of B2C commerce.
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer
Match the pairs:
|
Group ‘A’ |
Group ‘B’ |
|
A) E-business |
1) Consumer to consumer |
|
B) B2C |
2) Exist everywhere |
|
C) Outsourcing |
3) First step |
|
D) Digital cash |
4) Business to Consumer |
|
E) Registration |
5) Electronic business |
|
6) BPO |
|
|
7) RTO |
|
|
8) Efficient business |
|
|
9) Exist only in cyberspace |
|
|
10) Last step |
E-business is ___________ of e-commerce.
Select the correct option and complete the table.
(Business to Business, First step, e-commerce, payment mechanism, e-business)
| Group A | GroupB | |
| A) | Registration | ____________ |
| B) | Superset of e-commerce | ____________ |
| C) | ____________ | Last step |
| D) | Subset of E-business | ____________ |
| E) | ____________ | B2B |
Correct the underlined word and rewrite the following sentence.
E-business is hard to start.
Study the following case/situation and express your opinion.
Satvik purchases a watch from Titan shop and his friend Shambhavi purchases a watch from online shopping sites.
i. Which shopping is from a traditional business?
ii. Which shopping is from e-business?
iii. Which business involved high risk?
E-commerce is a branch of ___________.
The concept of e-business was coined in late 90s by ______.
