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State any three differences between e-business and traditional business. - Business Studies

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प्रश्न

State any three differences between e-business and traditional business.

अंतर स्पष्ट करें
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उत्तर

Sr. No. Basis of difference Traditional business E-Business
1. Ease in formation Formation is relatively difficult, as there exist numerous formalities that are required to be fulfilled. Relatively easier to start.
2. Internal communication Follows a hierarchical communication structure (from top to bottom). Follows a non-hierarchical communication structure (no defined structure).

3.

Start-up cost

Heavy start-up cost. Relatively low start-up cost (as physical facilities are not required).
4. Market access Access is restricted to the physical domain. Access is comparatively wide and unlimited.
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अध्याय 5: Emerging Modes of Business - Short Answer Questions [पृष्ठ १४०]

APPEARS IN

एनसीईआरटी Business Studies [English] Class 11
अध्याय 5 Emerging Modes of Business
Short Answer Questions | Q 1 | पृष्ठ १४०
गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 20 E-Business
QUESTION BANK | Q 3. | पृष्ठ २८७

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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 the working of a Payment Gateway.


Write short note on e-business


Disadvantages of e‐business.


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:

An electronic facility of transferring funds through the internet is _______ transfer.


State with reasons whether the following statement true or false.
It is easy to set up e-business as compared to traditional business.


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


Answer the following.
What are the advantages and disadvantages of e-business?


With reference to the Post Office, expand the following:

 VPP


With reference to the Post Office, expand the following:

PIN


Answer briefly the following questions:

With reference to post office services, write the expanded forms of:
(a) RMS
(b)TMO


Briefly explain four advantages of the following: Telefax


Elaborate the steps involved in on-line trading.


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 an abbreviation for ____________.


E-business is ___________ of e-commerce.


Correct the underlined word and rewrite the following sentence.

E-business is hard to start.


Distinguish between.

E-business and E-commerce


Justify the following statement.

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


Justify the following statement.

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


E-commerce is a branch of ___________.


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

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