1.

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

Answer» Difference between Traditional and e-Business
Basis e-business Traditional Business
Formation It is easy to form. It takes lengthy and complicatedprocedure to form.
Setting up cost It takes a very nominal cost. It takes huge capital in order to set up.
Risk involved High risk involved as there is no directcontact between the parties.Less risk involved as parties have personalinteraction.


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