Question

Justify the following statement.

E-business does have certain disadvantages when compared to the traditional way of doing business.

Answer 1

E-business does have certain disadvantages when compared to the traditional way of doing business. Some of the limitations of e-business are as follows.

1. Lack of personal Touch: E-business lacks the personal touch. One cannot touch or feel the products. So it is difficult for consumers to check the quality of products.
2. Delivery Time: The delivery of the products takes time. In traditional business, you get the product as soon as you buy it. But that doesn't happen in online business. This time lag often discourages customers e.g. Amazon now assures one-day delivery. This is an improvement but does not resolve the issue completely.
3. Security issues: There are a lot of people who scam through online businesses. Also, it is easier for hackers to get your financial details. It has a few security and integrity issues. This also causes disturbance among potential customers.
4. Government interference: Sometimes Government monitoring can lead to interference in the business.
5. High Risk: High Risk is involved as there is no direct contact between the parties. In case of fraud, it becomes difficult to take legal action.