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FAQs on Difference between E-Business and E-Commerce

1. What is the difference between E-Business and E-Commerce?

Ans. E-Business refers to conducting business processes electronically, including activities such as online marketing, customer support, and supply chain management. On the other hand, E-Commerce specifically refers to the buying and selling of goods and services over the internet.

2. How does E-Business differ from traditional business?

Ans. E-Business differs from traditional business in several ways. Firstly, E-Business allows for global reach, enabling businesses to reach customers worldwide. Secondly, E-Business offers 24/7 availability, allowing customers to make purchases or access information at any time. Thirdly, E-Business typically requires less physical infrastructure and overhead costs compared to traditional brick-and-mortar businesses.

3. What are some examples of E-Business activities?

Ans. E-Business activities include online marketing, digital advertising, online customer service and support, electronic procurement, electronic payment systems, online collaboration and communication, as well as virtual storefronts or online marketplaces.

4. How does E-Commerce contribute to the growth of businesses?

Ans. E-Commerce offers several benefits that contribute to the growth of businesses. It allows businesses to reach a wider customer base, including global markets, leading to increased sales and revenue. E-Commerce also reduces operational costs by eliminating the need for physical stores or extensive manpower. Additionally, it provides convenience to customers by allowing them to make purchases from the comfort of their own homes.

5. What are the challenges faced by E-Business and E-Commerce businesses?

Ans. E-Business and E-Commerce businesses face challenges such as ensuring secure online transactions, building trust with customers, dealing with intense competition in the online marketplace, managing logistics and supply chain operations efficiently, as well as keeping up with rapidly evolving technology and consumer trends.

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Document Description: Difference between E-Business and E-Commerce for Business 2024 is part of Business preparation. The notes and questions for Difference between E-Business and E-Commerce have been prepared according to the Business exam syllabus. Information about Difference between E-Business and E-Commerce covers topics like and Difference between E-Business and E-Commerce Example, for Business 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Difference between E-Business and E-Commerce.

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