What are the benefits of e business

1.Easy to form and lower investment required-it is very easy to start e-business.The benefits of internet technology are that with little investment and more contacts;one can do better in the business

2.Convenience-with the help of E- business, shopping can be done easily.it enables the costumers to shop 24X7.

3. Speed-information moves very fast through internet which speeds up the process of buying &selling.

4.global reach-there is no limitation of geographical area,the goods can be traded to the whole world,where there is access to internet.

5.Cost saving

6. Movement towards a paperless society-use of internet has reduced the dependance on paper work.Many companies have started electric forms instead of paper forms.nowadays people can fill income tax returns online,apply for passport etc.

Hello, there are many benefits of e-business: 1.worldwide reach 2.shortening in supply chain 3.easy to launch new products 4.saving of time 5.less risk in payment

I hope u understand

e-business is now a days growing very fast and normal shopkeepers are also taking part in these type of activities.
Some benefits are as given below:

• It expands the reach of small shopkeeper to the whole nation and world wide.
• it reduces the time taken in selling of products and hence enhancing and hence boosting the sale of the small shopkeepers.
• It reduces the cost of putting up a shop or store and wasting money in showcasing the product to be sold..
• pushes the society towards a paperless society.
• Information about the product such as order tracking, fasst delivery options available nowadays...
• reduces the risk of payment as net banking are nowadays supported by the bank. Frauds have been minimised toa great extent..

WITH REGARDS...

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