Question

EXPLAIN E-BUSINESS RISKS....& PLZ EXPLAIN IT IN POINT WISE...​

Answer 1

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❤Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.

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Answer 2

Answer:

In today’s world, we are exposed to various forms of e-Business. Since its emergence, it has grown by leaps and bounds. Some predict that it may very soon overtake brick and mortar stores completely. While that remains to be seen, we cannot ignore the immense role it plays in the current global economy.

Features of Online Business

Some of the features of Online Business are as follows :

It is easy to set up

There are no geographical boundaries

Much cheaper than traditional business

There are flexible business hours

Marketing strategies cost less

Online business receive subsidies from the government

There are a few security and integrity issues

There is no personal touch

Buyer and seller don’t meet

Delivery of products takes time

There is a transaction risk

Anyone can buy anything from anywhere at anytime

The transaction risk is higher than traditional business