merits and demerits of e business
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E-business does have certain disadvantages when compared to the traditional way of doing business. Some of the limitations of e-business are as follows : Lack of Personal Touch: E-business lacks the personal touch. One cannot touch or feel the product.
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Merits of e- business
- Easy to form and lower investment is required.
- Convenience
- Speed
- Global reach
- Cost saving
- Movement towards a paper less society.
Demerits of e-business
- Low personal touch
- Delay in delivery
- Requirement of hardware
- Risk
- Low ethics
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