Bring out any four distinctions between Traditional Business and e-bus

Bring out any four distinctions between Traditional Business and e-business.

Answer»

Traditional Business	e-business
Difficult Formation	Simple and easy formation
Physical presence required	Not required
Cost of setting is high	Low
More inter personal touch	Less

Detailed Answer :

Distinction between Traditional Business and e-business :

Basis of distinction	Traditional Business	e-business
(a) Ease of formation	Difficult	Simple
(b) Physical presence	Required	Not required
(c) Locational requirements	Proximity to the source of raw materials or the market of the product	None
(d) Cost of setting up	High	Low

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Bring out any four distinctions between Traditional Business and e-business.

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