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Question:

Explain the impact of e-business on traditional business practices.

Answer:

E-business has transformed traditional business practices by introducing online platforms for marketing, sales, and customer support. It has enabled small businesses to compete globally without significant investments in physical infrastructure. However, it has also forced traditional businesses to adapt by integrating digital strategies such as social media marketing and e-commerce platforms. This shift has enhanced customer convenience but reduced the demand for physical stores, impacting jobs in retail. Furthermore, the reliance on technology has made cybersecurity a critical focus for businesses. Overall, e-business has revolutionized the business landscape, making operations more efficient while presenting new challenges.


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  • Answered by Ekta Mehta
  • 4 months ago

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