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Question
Write short note on the following:
Advantages of e-business.
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Solution
iii. More discounts can be offered to attract customers, because of direct communication between suppliers and consumers and non intermediate agents / brokers.
iv. Readily available software can be used to set up business in a quick manner. Hence, it is easy to set up e – business as compared to traditional business.
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Match the pairs:
|
Group ‘A’ |
Group ‘B’ |
|
A) E-business |
1) Consumer to consumer |
|
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2) Exist everywhere |
|
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|
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|
|
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|
9) Exist only in cyberspace |
|
|
10) Last step |
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| Group A | GroupB | |
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It is easy to set up e-business as compared to traditional business.
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. |
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- Which business involved high risk?
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