Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter Emerging Modes of Business. This page offers a step-by-step solution to the specific question from Exercise 3: Extra Questions, Question 4: . With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.
What are the major differences between traditional business and e-business?
Traditional business operates primarily through physical locations and face-to-face interactions, while e-business is conducted entirely online. E-business reduces operational costs by eliminating expenses like rent for physical stores. Unlike traditional businesses limited to local customers, e-business enables global reach. However, e-business lacks personal interaction, which traditional setups can provide. Additionally, e-business relies heavily on technology and internet connectivity, while traditional businesses can function without digital infrastructure. Each model has its own set of advantages and challenges, depending on customer preferences and business goals.
NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:
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Read MoreWelcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 4: What are the major differences between traditional business and e-business?....
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