1.

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

Answer»

Difference between Traditional and e-Business

Basise-businessTraditional Business
FormationIt is easy to form.It takes lengthy and complicated procedure to form.
Setting up costIt takes a very nominal cost.It takes huge capital in order to set up.
Risk involvedHigh risk involved as there is no direct contact between the parties.Less risk involved as parties have personal interaction.


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