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Question
Study the following case/situation and express your opinion:
Sagar purchased watch from Titan shop and his friend Anjali purchased watch from online shopping site.
- Who has purchased from traditional way?
- Who has purchased from c-business?
- Which business involves high risk?
Case Study
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Solution
- Sagar has purchased from the traditional way. He bought the watch from a physical Titan shop (brick-and-mortar store), which involves face-to-face interaction with the seller.
- Anjali has purchased from e-business (electronic business/e-commerce). She purchased the watch from an online shopping site.
- Anjali’s purchase (e-business online shopping) involves higher risk.
Reasons: Lack of direct contact with the seller, potential or receiving damaged or counterfeit goods, delivery delays, and payment security concerns.
shaalaa.com
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