Question

State any three differences between ebusiness and traditional business

Answer 1

E-business refers to any business which includes sharing information across the internet. It is the practice of business processes visa the internet. It is a strategy where businesses are selling their products online mainly to target a large amount of consumers and also for their convenience.

Traditional business is a setup where customers physically go and buy things for themselves. An example would be pizza parlours.

The difference between e-business and traditional business are:

1. Consumer convenience

2. Overhead costs

3. Time and accessibility