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

1.	It is easy to set up e‐business as compared to traditional business.
Answer» This statement is TRUE. Reasons: Unlike a host of procedural requirements for setting up an industry, e‐business is relatively easy to start. The initial investment for starting up an e‐business is generally lower than the costs associated with starting an equivalent business using a traditional model. Online sellers are able to reduce their overheads as they don’t need expensive shop fronts, too many employees or large inventory on hand. e‐business does not require physical space. It requires qualified technical professionals. Thus, it is easy to set up e‐business as compared to traditional business.

Answer»

This statement is TRUE.

Reasons:

Unlike a host of procedural requirements for setting up an industry, e‐business is relatively easy to start.
The initial investment for starting up an e‐business is generally lower than the costs associated with starting an equivalent business using a traditional model.
Online sellers are able to reduce their overheads as they don’t need expensive shop fronts, too many employees or large inventory on hand.
e‐business does not require physical space. It requires qualified technical professionals.

Thus, it is easy to set up e‐business as compared to traditional business.

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