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Question
Briefly explain any two benefits of e-Business of the following:
Seller
Explain
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Solution
The benefits of e-business for the seller are as follows:
- The seller has access to the global market.
- The operating costs are lower.
- It leads to an increase in sales/Round the clock working.
- The seller enjoys a direct contact as there is no middleman.
- It ensures customer Satisfaction./Feedback
- It requires less investment.
- It allows the seller to expand their business from local to national to global.
- Generally, payment is received before dispatching the goods.
- There is a fixed price/no bargaining.
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