Question

It is easy to set up e-business as compared to traditional business.

Hint:

Justifying statements requires linking the concept to real-life roles and explaining why the statement holds true.

Answer 1

E-business can be set up with minimal investment in infrastructure, as it requires only internet connectivity, a website, and digital payment systems. Traditional business, on the other hand, requires physical space, stock maintenance, and higher capital investment. Therefore, setting up e-business is easier, quicker, and more economical compared to traditional business.