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प्रश्न
Distinguish between.
Traditional business and E-business
उत्तर
Point of distinction |
Traditional business |
E-Business |
|
1. Formation |
A traditional business takes a lengthy and complicated procedure to form |
E-Business is easy to form |
|
2. Setting up cost |
It takes huge capital in order to setup |
It takes a very nominal cost |
|
3. Risk involved |
Less Risk involved as parties have personal interaction. |
High risk involved as there is no direct contact between the parties |
|
4. Scope of business |
Traditional business is limited to a particular area so the scope is limited. |
E-business covers the entire world and so the scope is vast |
|
5. Customer interaction |
Face to face interaction is possible |
In E-business, there is an absence of face to face interaction. |
|
6. Physical inspection |
Goods can be inspected physically before purchase. |
Goods cannot be inspected physically before purchase. |
|
7. Resources focus |
Traditional business resources focus on supply-side |
E-business resources focus on demand-side |
|
8. Delivery of goods |
In traditional business delivery of goods is instant. |
In E-business delivery of goods takes time |
|
9. Usage |
It is ancient and still in usage where the digital network is not reachable. |
It is used to save valuable time and money |
|
10. Accessibility |
It is available during the limited time |
It is available round the clock |
|
11. Scope |
It is difficult to perform more business in this model. |
More business can be done easily without any hassles. |
APPEARS IN
संबंधित प्रश्न
State the working of a Payment Gateway.
State with reasons, whether the following statement is True or False:
e‐business means using the internet to connect people and processes.
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:
In e-business payments have to be made ________.
Write short note on the following:
E-business
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
Write short answers for the following question:
What is e-business?
Write short answers for the following question:
What are the advantages of e-business?
State any three differences between e-business and traditional business.
Describe briefly any two applications of e-business.
Elaborate the steps involved in on-line trading.
Discuss the salient aspects of B2C commerce.
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer
The term 'e-business' is derived from the term ___________ and e-commerce.
E-business allows you to work across the globe in any field.
E-business is an abbreviation for ____________.
E-business means using the ___________ to connect people and process.
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?
Study the following case/situation and express your opinion.
Satvik purchases a watch from Titan shop and his friend Shambhavi purchases a watch from online shopping sites.
i. Which shopping is from a traditional business?
ii. Which shopping is from e-business?
iii. Which business involved high risk?
Justify the following statement.
E-business allows users to work across the globe in any field.
E-commerce is a branch of ___________.
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. |
- Which shopping is from a traditional business?
- Which shopping is from e-business?
- Which business involved high risk?
Match the pair:
| Group 'A' | Group 'B' |
| (a) Organising | (1) Branch of natural science |
| (b) Reserve Bank of India (RBI) | (2) F. W. Taylor |
| (c) E-business | (3) Trademark |
| (d) Business ethics | (4) Central bank |
| (e) Registered brands | (5) Electronic business |
| (6) Decides the ways and means to achieve what has been planned | |
| (7) Branch of social science | |
| (8) Efficient business | |
| (9) Commercial bank | |
| (10) Single Buyer |
The concept of e-business was coined in late 90s by ______.
