CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

State three limitations of e-business.

Open in App
Solution

1. Security issues: There are a lot of people who scam through online business. Also, it is easier for hackers to gel your financial details. It has a few security and integrity issues. This also causes distrust among potential customers

2. Delivery time: The delivery of the products takes time. This lag time often discourages customers. However, e-businesses are trying to resolve such issues by promising very limited delivery times. For example, Amazon now assures one-day delivery

3. Lack of Personal Touch: One can touch or feel the product. So it is difficult for the consumers to check the quality of a product. In the traditional model, we have contact with the salesperson. This lends it a touch of humanity and credibility. It also builds trust with the customer. An e-Business model will always miss out on such attributes


flag
Suggest Corrections
thumbs-up
13
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Thinking like an Economist
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon