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Question -

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



Answer -

Here are some of the difference between Traditional and e-Business

Basis of Comparison

Traditional Business

E-Business

Ease of formation

Difficult to form as there are many formalities for setting up such a business

Relatively easy to setup

Setup cost

Very high cost upfront

Minimal setup cost

Market Reach

It is restricted only to the area in which it is established.

Nationwide reach as people are connected on web

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