Question

Explain in detail the difference between e-business and traditional business

Answer 1

Answer:

Hey friend,

E business: It is the kind of business that is being carried out through online mediums such as internet. Their business activities happen through online forums. They don't have any fixed costs consisting of space or relational things, instead they only bear product cost.

Traditional business: It is the kind of business that happens on paper in the physical world. They bear all structural fixed costs along with the cost of their services and  products.

I hope the answer is helpful.

Thanks for asking.

Answer 2

Explanation:

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