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Write Short Answers for the Following Questions: What Are the Advantages of E-business? - Organisation of Commerce and Management

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प्रश्न

Write short answers for the following question:
What are the advantages of e-business?

संक्षेप में उत्तर
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उत्तर

The advantages of e-business are as follows:
i. Ease of Formation - The investment required to start up e-business is almost negligible as it does not require much capital or resources for the physical establishment of the business. Thus, it becomes a comparatively easier mode of trading than the traditional one.
ii. Global Access - E-business provides a worldwide access to the business. Businessmen are able to extend their sale of products to a large number of consumers across the world. Similarly, the consumers also get to choose from a variety of goods. Thus, it can be said that e-business provides a global access.
iii. Ease of Access - Unlike traditional modes of business, e-business provides easy accessibility to the consumers, as they can access products from anywhere and order them anytime.
iv. Consumer-Friendly - E-commerce saves time and effort of the consumers by providing a wide range of payment options to its customers such as debit cards, credit cards, cash on delivery and EMIs. All these options are quite safe and secure.

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अध्याय 3: Emerging Modes of Business - Write short answers for the following question [पृष्ठ ९७]

APPEARS IN

मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 3 Emerging Modes of Business
Write short answers for the following question | Q 2 | पृष्ठ ९७

वीडियो ट्यूटोरियलVIEW ALL [2]

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 statement is True or False:

e‐business means using the internet to connect people and processes.


Select the proper option from the options given below and rewrite the completed sentence:
In bigger shops situated in shopping malls or branded stores, there is a ________ terminal


Answer briefly the following questions:

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


Choose the correct option for the following:
The payment mechanism typical to e-business


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


Describe briefly any two applications of e-business.


Describe briefly the data storage and transmission risks in e-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.


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


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


E-business means using the ___________ to connect people and process.


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

Answer in one sentence.

What is E-business?


Distinguish between.

E-business and E-commerce


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?

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