Advertisements
Advertisements
प्रश्न
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer
Advertisements
उत्तर
The following are a few limitations of the electronic mode of doing business.
(a) Lack of personal touch:Unlike the traditional business methods, e-commerce lacks a personal touch as both the buyer and the seller are not physically present when the deal is made. As a result, direct trading is preferred over e-commerce in case of products such as clothes, shoes and jewellery, as the buyer prefers the physical presence of the seller.
(b) Lack of security: Online trading and transactions are highly prone to internet risks and online threats. For instance, there may be leakage of credit/debit card details to third parties, the sellers may remain anonymous and there may be virus attacks, hacking and phishing.
(c) Technical drawbacks:Online trading requires basic knowledge of computers and Internet familiarity. This often creates distress for people who are less tech-savvy. Often, the increase in the popularity of computers and the Internet divides society into computer literates and computer illiterates (termed digital divide). Besides, because of technical problems including server glitches, websites may sometimes stop functioning, and this may cause frustration to consumers and even discourage them from revisiting the websites which face such problems frequently.
Despite these limitations of online trading, the scope of e-business remains wide, mainly owing to the continuous implementation of new technology and new updates that help in overcoming the limitations. The following are some of the reasons why the scope of online business is widening.
(i) Day by day, websites are becoming more interactive and consumer friendly. This overcomes the problem of lack of personal touch and gives the consumers the feeling that they are physically and directly trading with the sellers.
(ii) Continuous evolution of information technology has speeded up the flow of communication and information. This enables consumers to raise queries and clear doubts before purchasing a product.
(iii) The Government of India and various NGOs have been making efforts to extend the scope of e-business to rural areas. This not only eliminates the hesitation among people in rural areas to opt for online trading but also increases the overall consumer base of e-commerce.
APPEARS IN
संबंधित प्रश्न
State with reasons, whether the following statement is True or False:
e‐business means using the internet to connect people and processes.
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:
An electronic facility of transferring funds through the internet is _______ transfer.
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
Write short note on the following:
E-business
Write short note on the following:
Business to Consumer (B to C)
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
What are the resources required for successful e-business implementation?
Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.
Describe briefly any two applications of e-business.
Elaborate the steps involved in on-line trading.
Discuss the salient aspects of B2C commerce.
The term e-business came into existence in the year __________.
E-business is ___________ of e-commerce.
Explain the following term/concept.
E-business
Justify the following statement.
E-business allows users to work across the globe in any field.
What are the types of e-business? Explain.
State any four points highlighting the importance of e-business to the buyers.
