state any three differences between E-business and traditional
business.
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1
Answer:
Basis of difference Traditional business e-Business.
Start-up cost Heavy start-up cost Relatively low start-up cost (as physical facilities are not required)
Market access Access is restricted to the physical domain. Access is comparatively wide and unlimited.
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4
Answer: E-commerce i.e., electronic commerce is similar to traditional commerce. It also includes the exchange of goods and services. The solitary difference is that it is handled online through an electronic network – the Internet.
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