English

Observe the image and identify an advantage of e-commerce which makes it easy to start a business.

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Question

Observe the image and identify an advantage of e-commerce which makes it easy to start a business.

Options

  • Providing business opportunities

  • Lower investment

  • Reduces dependence on paperwork by creating paperless society

  • By increasing response time

MCQ
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Solution

Lower investment

Explanation:

E‑commerce requires much less capital and physical infrastructure than a traditional shop, so entrepreneurs can set up online businesses quickly with lower startup and operating costs, making it easier to start a business.

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Chapter 5: E-Commerce - EXERCISES [Page 72]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 5 E-Commerce
EXERCISES | Q 46. | Page 72
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