State any three differences between e-bu | Class 11 Business Studies Chapter Emerging Modes of Business, Emerging Modes of Business NCERT Solutions

Question:

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

Answer:

Difference between E-business & Traditional business are following:
Basis of Distinguish                       E-Business                            Traditional Business
1. Ease of formation                          Simple                                         Difficult
2. Physical presence                      Not Required                                 Required
3. Cost of setting up                  Low as no requirement                          High

                                                    Of Physical facilities


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Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 1: State any three differences between e-business and traditional business.....