Question

Kirana King Pvt. Ltd.” deals in grocery items of daily domestic usage. Its business is spreadthroughout Jaipur. The company’s 15 stores are providing their services to the residents of Jaipur. All the business activities of this company are done through internet. Its main activities are obtaining information about goods, receiving orders of goods, making payments, receiving payments, inventory management, product development, etc. The use of internet in the business activities has resulted into reduced costs of business transactions. The customer also can shop sitting at home or office. They can access the internet to buy goods and services. The use of internet has considerably reduced dependence on paper work for the company.
(a) Which system of business is being followed by Kirana King Pvt. Ltd.?
(b) State any three benefits of the system of business identified in (a).​

Answer 1

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