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Justify the following statement. It is easy to set up e-business as compared to traditional business.

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प्रश्न

Justify the following statement.

It is easy to set up e-business as compared to traditional business.

औचित्य
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उत्तर

  1. E-business, or electronic business, is the process of conducting business over the internet. This would entail purchasing and selling goods or services, as well as offering technical or customer support over the internet.
  2. Traditional business requires time to travel, convince, bargain, and communicate with customers. This method wastes a lot of time, energy, and money. E-business expedites the delivery and approval of necessary information, including terms and conditions.
  3. In traditional companies, a considerable physical space is required to arrange and exhibit a wide choice of products. It requires a significant amount of capital to provide the infrastructure, staff, and other necessary amenities. The internet allows e-businesses to be founded, managed, and run from anywhere, including one's own house. Naturally, it requires little capital.
  4. Establishing a traditional business is challenging; however, starting an e-enterprise is quite simple. As a result, e-business is easier to set up than traditional businesses.
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अध्याय 5: Emerging Modes of Business - EXERCISE [पृष्ठ १११]

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संबंधित प्रश्न

Write short note on Disadvantage of e – business.


Disadvantages 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:
In e-business payments have to be made ________.


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.


Distinguish between Traditional business and E-business.


Write short answers for the following question:
What is e-business?


What are the resources required for successful e-business implementation?


Describe briefly any two applications of e-business.


The term 'e-business' is derived from the term ___________ and e-commerce.


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


The term e-business is derived from the term e-mail and e-commerce.


E-business allows you to work across the globe in any field.


E-business is ___________ of e-commerce.


E-commerce is a branch of ___________.


It is easy to set up e-business as compared to traditional business.


Study the following case/situation and express your opinion.

Ram purchases a watch from Titan shop and his friend sham purchases a watch from an online shopping site.
  1. Which shopping is from a traditional business?
  2. Which shopping is from e-business?
  3. Which business involved high risk?

The term e-business came into existence in the year 1998.


Match the pair:

Group 'A' Group 'B'
(a) Organising (1) Branch of natural science
(b) Reserve Bank of India (RBI) (2) F. W. Taylor
(c) E-business (3) Trademark
(d) Business ethics (4) Central bank
(e) Registered brands (5) Electronic business
  (6) Decides the ways and means to achieve what has been planned
  (7) Branch of social science
  (8) Efficient business
  (9) Commercial bank
  (10) Single Buyer

State any four points highlighting the importance of e-business to the buyers.


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