+1 vote
in Class 12 by kratos

Bring out any four distinctions between Traditional Business and e-business.

1 Answer

+6 votes
by kratos
 
Best answer

| Traditional Business | e-business |
| Difficult Formation | Simple and easy formation |
| Physical presence required | Not required |
| Cost of setting is high | Low |
| More inter personal touch | Less |

Detailed Answer :

Distinction between Traditional Business and e-business :

| Basis of distinction | Traditional Business | e-business |
| (a) Ease of formation | Difficult | Simple |
| (b) Physical presence | Required | Not required |
| (c) Locational requirements | Proximity to the source of raw materials or the market of the product | |
| (d) Cost of setting up | High | Low |

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