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Traditional business and E-business.

Traditional business and E-business.


Traditional business

E-Business

1.Formation

A traditional business takes a lengthy and complicated procedure to form

E-Business is easy to form

2. Setting up cost

It takes huge capital in order to setup.

It takes a very nominal cost

3. Risk involved

Less Risk involved as parties have personal interaction.

High risk involved as there is no direct contact between the parties

4. Scope of business

Traditional business is limited to a particular area so the scope is limited.

E-business covers the entire world and so the scope is vast

5. Customer interaction

Face to face interaction is possible

In E-business, there is an absence of face to face interaction.

6. Physical inception

Goods can be inspected physically before purchase

Goods cannot be inspected physically before purchase

7.Resources focus

Traditional business resources focus on supply-side

E-business resources focus on demand-side

8.Delivery of goods

In traditional business delivery of goods is instant.

In E-business delivery of goods takes time

9.Usage

It is ancient and still in usage where the digital network is not reachable.

It is used to save valuable time and money

10.Accessibility

It is available during the limited time

It is available round the clock

11. Scope

It is difficult to perform more business in this model.

More business can be done easily without any hassles


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2019 Board Paper Solution

HSC ENGLISH SET A 2019 21st February, 2019

HSC ENGLISH SET B 2019 21st February, 2019

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HSC ENGLISH SET D 2019 21st February, 2019

SECRETARIAL PRACTICE (S.P) 2019 25th February, 2019

HSC XII PHYSICS 2019 25th February, 2019

CHEMISTRY XII HSC SOLUTION 27th, February, 2019

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SSC ENGLISH STD 10 5TH MARCH, 2019.

HSC XII ACCOUNTS 2019 6th March, 2019

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HSC XII ECONOMICS 9Th March 2019

SSC Maths I March 2019 Solution 10th Standard11th, March, 2019

SSC MATHS II MARCH 2019 SOLUTION 10TH STD.13th March, 2019

SSC SCIENCE I MARCH 2019 SOLUTION 10TH STD. 15th March, 2019.

SSC SCIENCE II MARCH 2019 SOLUTION 10TH STD. 18th March, 2019.

SSC SOCIAL SCIENCE I MARCH 2019 SOLUTION20th March, 2019

SSC SOCIAL SCIENCE II MARCH 2019 SOLUTION, 22nd March, 2019

XII CBSE - BOARD - MARCH - 2019 ENGLISH - QP + SOLUTIONS, 2nd March, 2019

HSC Maharashtra Board Papers 2020

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HSC ECONOMICS MARCH 2020

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