Commerce Exam > Commerce Videos > Business Studies (BST) Class 11 > Merits & Demerits of E Business
Merits & Demerits of E Business Video Lecture | Business Studies (BST) Class 11 - Commerce
|
37 videos|146 docs|44 tests
|
FAQs on Merits & Demerits of E Business Video Lecture - Business Studies (BST) Class 11 - Commerce
| 1. What are the merits of e-commerce in business? |  |
Ans. E-commerce offers several benefits for businesses, such as increased global reach, cost savings, improved customer experience, higher revenue potential, and enhanced market research capabilities. It allows businesses to expand their customer base, operate 24/7, reduce operational costs, personalize marketing efforts, and gather valuable customer data for targeted advertising.
| 2. What are the demerits of e-commerce in business? | |
Ans. While e-commerce offers numerous advantages, it also presents some challenges. Some of the demerits include security concerns, potential fraud and scams, lack of personal interaction, dependency on technology, delivery issues, and increased competition. Additionally, businesses may face difficulties in establishing trust with customers, dealing with product returns, and maintaining a competitive edge in the online marketplace.
| 3. How does e-commerce impact traditional businesses? | |
Ans. E-commerce has significantly impacted traditional businesses by changing consumer behavior and market dynamics. Traditional brick-and-mortar businesses have faced increased competition from online retailers and have had to adapt their strategies to remain relevant. Many traditional businesses have incorporated e-commerce into their operations to reach a wider audience, improve customer experience, and stay competitive in the digital age.
| 4. What measures can businesses take to ensure the security of e-commerce transactions? | |
Ans. To ensure the security of e-commerce transactions, businesses should implement several measures. These include using secure payment gateways, encrypting customer data, regularly updating security software, implementing strong authentication protocols, monitoring for suspicious activities, training employees on cybersecurity best practices, and complying with data protection regulations. Regular security audits and vulnerability assessments are also essential to identify and address potential threats.
| 5. How can businesses overcome the challenges of e-commerce and maximize its benefits? | |
Ans. Businesses can overcome the challenges of e-commerce by adopting a strategic approach. This includes investing in robust cybersecurity measures, building trust with customers through transparent policies and excellent customer service, optimizing website design and user experience, leveraging data analytics for personalized marketing, offering competitive pricing and promotions, partnering with reliable logistics providers, and continuously adapting to changing market trends. By embracing e-commerce as a core component of their business strategy, companies can maximize its benefits and thrive in the digital marketplace.
About this Video
|
1.6K Views |
|
4.63/5 Rating |
|
Nov 22, 2024 Last updated |
Video Description: Merits & Demerits of E Business for Commerce 2024 is part of Business Studies (BST) Class 11 preparation.
The notes and questions for Merits & Demerits of E Business have been prepared according to the Commerce exam syllabus.
Information about Merits & Demerits of E Business covers all important topics for Commerce 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Merits & Demerits of E Business.
Introduction of Merits & Demerits of E Business in English is available as part of our Business Studies (BST) Class 11 for Commerce & Merits & Demerits of E Business in
Hindi for Business Studies (BST) Class 11 course. Download more important topics related with notes, lectures and mock test series for
Commerce Exam by signing up for free.
Description
Video Lecture & Questions for Merits & Demerits of E Business Video Lecture | Business Studies (BST) Class 11 - Commerce - Commerce full syllabus preparation | Free video for Commerce exam to prepare for Business Studies (BST) Class 11.
Information about Merits & Demerits of E Business
Here you can find the meaning of Merits & Demerits of E Business defined & explained in the simplest way possible.
Besides explaining types of Merits & Demerits of E Business theory, EduRev gives you an ample number of questions to practice Merits & Demerits of E Business tests,
examples and also practice Commerce tests.
|
37 videos|146 docs|44 tests
|
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
video lectures
,Sample Paper
,Summary
,Merits & Demerits of E Business Video Lecture | Business Studies (BST) Class 11 - Commerce
,study material
,mock tests for examination
,MCQs
,Exam
,Semester Notes
,Merits & Demerits of E Business Video Lecture | Business Studies (BST) Class 11 - Commerce
,past year papers
,Free
,Extra Questions
,Important questions
,practice quizzes
,ppt
,Previous Year Questions with Solutions
,shortcuts and tricks
,Merits & Demerits of E Business Video Lecture | Business Studies (BST) Class 11 - Commerce
,Objective type Questions
,Viva Questions
;
Study Merits & Demerits of E Business on the App
Students of Commerce can study Merits & Demerits of E Business alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Merits & Demerits of E Business,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Merits & Demerits of E Business is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup