Advertisements
Advertisements
Question
Write short answers for the following question:
What are the advantages of e-business?
Advertisements
Solution
The advantages of e-business are as follows:
i. Ease of Formation - The investment required to start up e-business is almost negligible as it does not require much capital or resources for the physical establishment of the business. Thus, it becomes a comparatively easier mode of trading than the traditional one.
ii. Global Access - E-business provides a worldwide access to the business. Businessmen are able to extend their sale of products to a large number of consumers across the world. Similarly, the consumers also get to choose from a variety of goods. Thus, it can be said that e-business provides a global access.
iii. Ease of Access - Unlike traditional modes of business, e-business provides easy accessibility to the consumers, as they can access products from anywhere and order them anytime.
iv. Consumer-Friendly - E-commerce saves time and effort of the consumers by providing a wide range of payment options to its customers such as debit cards, credit cards, cash on delivery and EMIs. All these options are quite safe and secure.
APPEARS IN
RELATED QUESTIONS
State the working of a Payment Gateway.
Write short note on Disadvantage of e – business.
State with reasons whether the following statements are True or False
e-business allows you lo work across the globe in any field.
Select the proper option from the options given below and rewrite the completed sentence:
An electronic facility of transferring funds through the internet is _______ transfer.
Select the proper option from the options given below and rewrite the completed sentence:
In bigger shops situated in shopping malls or branded stores, there is a ________ terminal
Write short note on the following:
Business to Consumer (B to C)
With reference to the Post Office, expand the following:
PIN
Describe briefly any two applications of e-business.
Elaborate the steps involved in on-line trading.
The term 'e-business' is derived from the term ___________ and e-commerce.
Match the pairs:
|
Group ‘A’ |
Group ‘B’ |
|
A) E-business |
1) Consumer to consumer |
|
B) B2C |
2) Exist everywhere |
|
C) Outsourcing |
3) First step |
|
D) Digital cash |
4) Business to Consumer |
|
E) Registration |
5) Electronic business |
|
6) BPO |
|
|
7) RTO |
|
|
8) Efficient business |
|
|
9) Exist only in cyberspace |
|
|
10) Last step |
The term e-business came into existence in the year __________.
Select the correct option and complete the table.
(Business to Business, First step, e-commerce, payment mechanism, e-business)
| Group A | GroupB | |
| A) | Registration | ____________ |
| B) | Superset of e-commerce | ____________ |
| C) | ____________ | Last step |
| D) | Subset of E-business | ____________ |
| E) | ____________ | B2B |
Answer in one sentence.
What is E-business?
Correct the underlined word and rewrite the following sentence.
E-business is hard to start.
Distinguish between.
E-business and E-commerce
Justify the following statement.
It is easy to set up e-business as compared to traditional business.
State any four points highlighting the importance of e-business to the buyers.
