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. - Organisation of Commerce and Management

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Short Note

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.
  1. Which shopping is from a traditional business?
  2. Which shopping is from e-business?
  3. Which business involved high risk?
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Solution

  1. Ram buying a watch from Titan shop is an example of a traditional business.
  2. Sham's purchase of a watch from an online shopping site is an example of e-commerce.
  3. E-business sites are high risk because Sham has no direct contact with the e-business owners.
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2023-2024 (March) Model set 1 by shaalaa.com

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