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
Write the word or phrase or term which can substitute the following:
The term derived from the terms e-mail and e-commerce.
Write short note on the following:
Advantages of e-business.
Write short note on Disadvantage of e – business.
Write short notes .
Advantages of e - business
Select the proper option from the options given below and rewrite the completed sentence:
In e-business payments have to be made ________.
Select the proper option from the options given below and rewrite the completed sentence:
The term “e-business” is derived from the terms ________ and e-commerce.
Write short note on the following:
Business to Consumer (B to C)
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
Answer the following.
What are the advantages and disadvantages of e-business?
Choose the correct option for the following:
e-commerce does not include
Describe briefly the data storage and transmission risks in e-business
Elaborate the steps involved in on-line trading.
Discuss the salient aspects of B2C commerce.
The term 'e-business' is derived from the term ___________ and e-commerce.
Correct the underlined word and rewrite the following sentence.
E-business is hard to start.
E-commerce is a branch of ___________.
State any four points highlighting the importance of e-business to the buyers.
