Differentiate between traditional business and E-business
Answers
traditional business are limited to serve in limited geo graphical and E-business are for all ove sea
Answer:
Explanation:
Traditional Business - These are the business operating in the society that functions in the real market areas. All the transactions are done in real-time.
Traditional Business has a Physical existence as a shop and the presence of a variety of goods under the wholesalers or retail. These serve the limited type of customers and limited geographical areas
On the other hand,
E- Businesses or Electronic business - This is a business procedure that is done through the medium of an online Application.
In E- Business's there is no personal contact among the customer and seller. This business is a 24×7 running business. The transaction can be done in various steps.
Thes business serves large geographical areas with different kinds of customers.
The main motivate of both is to acquire the market shares and to build strong relationships to earn profit and expansion of the business.