State any three differences between e-business and traditional business

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Asked: 2023-03-08T04:36:51+05:30 In: Commerce
State any three differences between e-business and traditional business

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State any three differences between e-business and traditional business

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  1. Best Answer
    Gandalf

    Difference between Traditional and e-Business

    Basis e-business Traditional Business
    Formation It is easy to form It takes lengthy and complicated procedure 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 direct contact between the parties. Less risk involved as parties have personal interaction.

     

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