Question

Please Answer class 11 business studies

Sagar and Aditi two fashion designers from Delhi decided to sell their outfits to rich market segment. So, they made a website 'myfashion.com' as they don't want to spend too much finance on opening retail outlet in a costly market. Sooner they started getting good response not only from Delhi but also from other cities. (a) Name and state the form of business highlighted above by quoting lines.
(b) Also identify three advantages of above form of business.​

Answer 1

Answer:

a) E-business

b) 1 Easy to Set Up

2 Cheaper than Traditional Business

3 No Geographical Boundaries

Explanation:

E-business :

means electronic business. Electronic business is a business where the transaction takes place online.