Question

State three benefits of e-business?

Answer 1

1. No Geographical Boundaries: Anyone can order anything from anywhere at anytime. On the one hand, it allows the seller an access to the global market; on the other hand, it affords to the buyer a freedom to choose products from almost any part of the world.

2. Flexible Business Hours: Snce the internet is always available. E-Business breaks down the time barriers that location based businesses encounter.

3. Speed And Efficiency: Online ordering system can process payments and orders in real-time, usually faster,more accurately and cheaper than human workers.