State with reasons whether the following statement true of false. It

1.	State with reasons whether the following statement true of false. It is easy to set up e-business as compared to traditional business. Options True False
Answer» It is easy to set up e-business as compared to traditional business : True Explanation: Yes, the statement is correct. E-business is easy to set up compared to traditional business because of the following reasons: 1) E-business is easy to start, as physical facilities are not required. For setting up ebusiness, all you need is one computer with the internet facility. 2) It does not require a host of procedures for the formation and working that are usually required in traditional forms of business.

State with reasons whether the following statement true of false. It is easy to set up e-business as compared to traditional business. Options True False

Answer»

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

Explanation:

Yes, the statement is correct. E-business is easy to set up compared to traditional business because of the following reasons:

1) E-business is easy to start, as physical facilities are not required. For setting up ebusiness, all you need is one computer with the internet facility.

2) It does not require a host of procedures for the formation and working that are usually required in traditional forms of business.

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