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State any three differences between e-business and traditional business. - Business Studies

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प्रश्न

State any three differences between e-business and traditional business.

अंतर स्पष्ट करें

उत्तर

The differences between traditional business and e-business are presented in the table below.

Basis of difference Traditional business e-Business
Ease in formation Formation is relatively difficult as there exist numerous formalities that are required to be fulfilled Relatively easier to start
Internal communication Follows a hierarchical communication structure (from top to bottom) Follows a non-hierarchical communication structure (no defined structure)

Start-up cost

Heavy start-up cost Relatively low start-up cost (as physical facilities are not required)
Market access Access is restricted to the physical domain. Access is comparatively wide and unlimited.
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अध्याय 5: Emerging Modes of Business - Short Answer Questions [पृष्ठ १४०]

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एनसीईआरटी Business Studies [English] Class 11
अध्याय 5 Emerging Modes of Business
Short Answer Questions | Q 1 | पृष्ठ १४०

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संबंधित प्रश्न

Write short note on the following:

Advantages of e-business.


State with reasons, whether the following statement is True or False:

e‐business means using the internet to connect people and processes.


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.


Distinguish between.

Traditional business and E-business


Write short note on the following:
Business to Consumer (B to C)


Answer the following.
What are the resources required for successful e-business implementation


Answer the following question:

What is a Dictaphone?


With reference to the Post Office, expand the following:

 VPP


Answer the following question:

How does a business reply card help a business concern?


Why are e-business and outsourcing referred to as the emerging modes of business? Discuss the factors responsible for the growing importance of these trends.


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.


Answer in one sentence.

What is E-business?


Explain the following term/concept.

E-business


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

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