Meaning of E-business and construction of E-business and advantages of E-business
Answers
Answer:
Hólå,
Explanation:
E-business, also known as e-commerce, refers to conducting business via the internet. The advantages of such a business are numerous and growing every day. To open an e-business is to pursue a dream of balancing professional goals with personal freedoms at a pace you can live with.
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@Cutyjanu143
Innovations in technology and communications have allowed businesses to operate globally like never before. In the past, communications could take days if not weeks; now all business transactions can take place in only minutes. E-business, also known as e-commerce, refers to conducting business via the internet. The advantages of such a business are numerous and growing every day. To open an e-business is to pursue a dream of balancing professional goals with personal freedoms at a pace you can live with.
E-Business Saves Money
Forgoing the traditional model of a brick-and-mortar location means small-business owners save a tremendous amount of money at startup. You save money when you don't have to pay for a storefront, utilities, building maintenance, and you also save time by not having to manage those things. If you sell products, they no longer have to go from manufacturer to warehouse to store to the customer’s cart, they can go from the manufacturer to the customer’s virtual cart, which saves on shipping costs and makes products cheaper overall.
Better Communication and Faster Decision-Making
E-business allows for conversations to happen quickly. Faster decision-making saves time, and time is money in business. E-business allows people to communicate in several ways that facilitate understanding.