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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
Write short note on the following:
Advantages of e-business.
State the working of a Payment Gateway.
Disadvantages 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.
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:
The term “e-business” is derived from the terms ________ and e-commerce.
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)
State with reasons whether the following statement true or false.
It is easy to set up e-business as compared to traditional 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?
Answer the following.
What are the advantages and disadvantages of e-business?
With reference to the Post Office, expand the following:
VPP
With reference to the Post Office, expand the following:
PIN
Answer the following question:
How does a business reply card help a business concern?
Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.
Choose the correct option for the following:
It is not an application of e-business
State any three differences between e-business and traditional business.
Elaborate the steps involved in on-line trading.
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 |
E-business allows you to work across the globe in any field.
The term e-business came into existence in the year __________.
E-business means using the ___________ to connect people and process.
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?
Distinguish between.
E-business and E-commerce
Justify the following statement.
E-business allows users to work across the globe in any field.
What are the types of e-business? Explain.
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 |
State any four points highlighting the importance of e-business to the buyers.
