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प्रश्न
Answer the following.
What are the advantages and disadvantages of e-business?
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उत्तर
The advantages of e-business are:
i. Ease of Formation - The investment required to start up e-business is almost negligible. This is because 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 mode of business.
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. Similarly, the consumers also get to choose from a variety of goods. Thus, it can be said that e-business has shrunk the whole world where international boundaries do not matter anymore.
iii. Consumer-Friendly - E-commerce saves the time and efforts of the consumers. It provides 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.
The disadvantages of e-business are:
i. Lack of Personal Touch - Unlike traditional business methods, e-commerce lacks a personal touch, as both the consumer and the seller are not physically present when the deal is made. As a result, direct trading is preferred over ecommerce for products such as clothes, shoes and jewellery.
ii. Lack of Security - Online trading and transactions are highly prone to internet risks and online threats. The possible threats could be leakage of credit/debit card details to the third parties, anonymity of the trading people, virus attacks and hacking and phishing.
iii. Technical Drawbacks - Online trading requires basic computer knowledge and internet familiarity. This often creates distress for the people who do not know how to operate computer. Furthermore, this often divides the society (termed as ‘digital divide’) into computer literates and computer illiterates. Besides, sometimes due to technical problems or server downtime, websites stop functioning; this may add to the frustration of the consumers and may even discourage them to revisit the website.
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संबंधित प्रश्न
State with reasons, whether the following statement is True or False:
e‐business means using the internet to connect people and processes.
Write short notes .
Advantages 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.
Write short note on the following:
E-business
Write short answers for the following question:
What is e-business?
With reference to the Post Office, expand the following:
VPP
With reference to the Post Office, expand the following:
PIN
Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.
Choose the correct option for the following:
The payment mechanism typical to e-business
State any three differences between e-business and traditional business.
Discuss the salient aspects of B2C 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 |
E-business allows you to work across the globe in any field.
E-business is ___________ of e-commerce.
Justify the following statement.
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. |
- Which shopping is from a traditional business?
- Which shopping is from e-business?
- Which business involved high risk?
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 |
