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

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प्रश्न

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

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

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

व्हिडिओ ट्यूटोरियलVIEW ALL [2]

संबंधित प्रश्‍न

State the working of a Payment Gateway.


Write short note on e-business


Disadvantages of e‐business.


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:
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


Answer the following question:

How does a business reply card help a business concern?


Choose the correct option for the following:
e-commerce does not include


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


The term e-business is derived from the term e-mail and e-commerce.


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


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

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?


What are the types of e-business? Explain.


It is easy to set up e-business as compared to traditional business.


The concept of e-business was coined in late 90s by ______.


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