What are the benefits of electronic business


Assignment task: Answer the following thoroughly.

Q1. What is electronic business, and how does it differ from traditional business practices?

Q2. What are the benefits of electronic business for businesses and consumers?

Q3. What are the key technologies and systems involved in electronic business, such as e-commerce platforms and payment gateways?

Q4. What are the key challenges associated with electronic business, such as security concerns and the need for effective supply chain management?

Q5. How do businesses create effective electronic business strategies, such as marketing and branding efforts, to succeed in the digital landscape?

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