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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
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 e-business
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:
The term “e-business” is derived from the terms ________ and e-commerce.
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
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
Answer the following.
What are the advantages and disadvantages of e-business?
State any two benefits of e-business to the buyers.
With reference to the Post Office, expand the following:
VPP
With reference to the Post Office, expand the following:
PIN
Answer the following question:
How does a business reply card help a business concern?
Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.
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
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.
E-business means using the ___________ to connect people and process.
Study the following case/situation and express your opinion.
Satvik purchases a watch from Titan shop and his friend Shambhavi purchases a watch from online shopping sites.
i. Which shopping is from a traditional business?
ii. Which shopping is from e-business?
iii. Which business involved high risk?
E-commerce is a branch of ___________.
It is easy to set up e-business as compared to traditional business.
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 |
State any four points highlighting the importance of e-business to the buyers.
