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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.

फरक स्पष्ट करा

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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पाठ 5: Emerging Modes of Business - Short Answer Questions [पृष्ठ १४०]

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

व्हिडिओ ट्यूटोरियलVIEW ALL [2]

संबंधित प्रश्‍न

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 e-business


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 bigger shops situated in shopping malls or branded stores, there is a ________ terminal


Write short note on the following:
E-business


State with reasons whether the following statement true or false.
It is easy to set up e-business as compared to traditional business.


With reference to the Post Office, expand the following:

 VPP


Briefly explain four advantages of the following: Telefax


Answer the following question:

How does a business reply card help a business concern?


Describe briefly any two applications of e-business.


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.


E-business is an abbreviation for ____________.


E-business means using the ___________ to connect people and process.


Answer in one sentence.

What is E-business?


Correct the underlined word and rewrite the following sentence.

E-business is hard to start.


Justify the following statement.

E-business allows users to work across the globe in any field.


E-commerce is a branch of ___________.


It is easy to set up e-business as compared to traditional 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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