Class 11 Business Studies - Chapter Emerging Modes of Business NCERT Solutions | State any three differences between e-bu

Welcome to the NCERT Solutions for Class 11th Business Studies - Chapter Emerging Modes of Business. This page offers a step-by-step solution to the specific question from Excercise ".$ex_no." , Question 1: state any three differences between e business and....
Question 1

State any three differences between e-business and traditional business.

Answer

Difference between E-business & Traditional business are following:
Basis of Distinguish                       E-Business                            Traditional Business
1. Ease of formation                          Simple                                         Difficult
2. Physical presence                      Not Required                                 Required
3. Cost of setting up                  Low as no requirement                          High

                                                    Of Physical facilities

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