question_answer 6)

State any three differences between e-business and traditional business.

Answer:

Difference between Traditional and e-Business  

Basis	e-business	Traditional Business
Formation	It is easy to form.	It takes lengthy and complicated procedure to form.
Setting up cost	It takes a very nominal cost.	It takes huge capital in order to set up.
Risk involved	High risk involved as there is no direct contact between the parties.	Less risk involved as parties have personal interaction.