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प्रश्न
Distinguish between Traditional business and E-business.
How is e-business different from traditional business?
Distinguish between the following:
Traditional business and E-business
Write any two differences between traditional business and E-business.
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उत्तर
| Sr. No. | Point of distinction |
Traditional business |
E-Business |
| 1. | Formation | A traditional business takes a lengthy and complicated procedure to form. | E-Business is easy to form. |
| 2. | Setting up cost | It takes huge capital in order to setup. | It takes a very nominal cost. |
| 3. | Risk involved | Less risk is involved as parties have personal interaction. | High risk involved as there is no direct contact between the parties. |
| 4. | Scope of business | Traditional business is limited to a particular area, so the scope is limited. | E-business covers the entire world and so the scope is vast. |
| 5. | Customer interaction | Face to face interaction is possible. | In e-business, there is an absence of face-to-face interaction. |
| 6. | Physical inspection | Goods can be inspected physically before purchase. | E-business resources focus on demand-side. |
| 7. | Resources focus | Traditional business resources focus on supply-side. | E-business resources focus on demand-side. |
| 8. | Delivery of goods | In traditional business, delivery of goods is instant. | In E-business delivery of goods takes time. |
| 9. | Usage | It is ancient and still in usage where the digital network is not reachable. | It is used to save valuable time and money. |
| 10. | Accessibility | It is available during the limited time. | It is available round the clock. |
| 11. | Scope | It is difficult to perform more business in this model. | More business can be done easily without any hassles. |
Notes
Students should refer to the answer according to their question and preferred marks.
APPEARS IN
संबंधित प्रश्न
State the working of a Payment Gateway.
Disadvantages 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.
State with reasons whether the following statements are True or False
e-business allows you lo work across the globe in any field.
Write short notes .
Advantages of e - business
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 note on the following:
Business to Consumer (B to C)
What are the resources required for successful e-business implementation?
State any two benefits of e-business to the buyers.
Answer the following question:
What is a Dictaphone?
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
Choose the correct option for the following:
The payment mechanism typical to e-business
Describe briefly any two applications of 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.
Elaborate the steps involved in on-line trading.
Discuss the salient aspects of B2C commerce.
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer
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.
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 |
Explain the following term/concept.
E-business
Distinguish between.
E-business and E-commerce
Justify the following statement.
It is easy to set up e-business as compared to traditional business.
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 |
