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Question
Write short note on the following:
E-business
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Solution
E-business refers to the business activities that take place online or through the web. It is primarily derived from the terms ‘email’ and ‘e-commerce’; however, it is a broader concept compared to e-commerce, as e-commerce deals with only the trading aspect of online business. E-business, on the other hand, includes various other business activities such as manufacturing, buying, selling and management of the whole business through the internet. Moreover, e-business offers many
other advantages over traditional business like low set-up cost, easy formation and wider reach in the market.
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RELATED QUESTIONS
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Match the pairs:
|
Group ‘A’ |
Group ‘B’ |
|
A) E-business |
1) Consumer to consumer |
|
B) B2C |
2) Exist everywhere |
|
C) Outsourcing |
3) First step |
|
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|
E) Registration |
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|
6) BPO |
|
|
7) RTO |
|
|
8) Efficient business |
|
|
9) Exist only in cyberspace |
|
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10) Last step |
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E-business means using the ___________ to connect people and process.
E-business is ___________ of e-commerce.
Distinguish between.
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