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BUSINESS
emerging modes of business
Question | Answer |
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difference between e-commerce and e-business | E-Business is described as the use of computer networks to conduct business, trade, and commerce. E-commerce refers to a company's online interactions with its customers and suppliers.ex Amazon, Flipkart, eBay. |
Scope of business on the basis of parties : | ● B2B, r business-to-business refers to a company's interactions with other companies. ● B2C, or business-to-consumer, refers to a company's interactions with its customers. ● Intra-B, which refers to a company's internal operations. |
B2B Commerce | A business must engage with a number of other businesses in order to create utility or deliver value. These businesses may be suppliers or vendors of various inputs, |
B2C Commerce | It enables a business to be in touch with its customers on round-the-clock basis which helps in knowing the customer satisfaction level. ● Few examples are Amazon, Walmart etc. |
Intra-B Commerce | due to the use of intra-B commerce. The use of computer networks allows the marketing department to communicate with the production department on a continuous basis, allowing for the creation of personalized products according |
C2C Commerce | ● This form of business is best for dealing with items for which no recognised market mechanism exists. ● Few examples are Quickr, Olx etc. |
Difference Between e-Business and Traditional Business. | vedantu notes |
Benefits of E-Business and explain | . Easy to set up: 2. Cheaper than traditional business: 3. No geographical boundaries: 4. Flexible business hours: 5. Speed and efficiency: 6. Movement towards up paperless society: |