Benefits of E-commerce
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Questions and Answers

What is a key benefit of e-commerce for sellers?

  • Limited product display options
  • Need to rent or buy physical shop space
  • Higher maintenance costs
  • Ability to operate from home (correct)

    • How does e-commerce benefit buyers in terms of convenience?

  • Ability to shop from home at any time (correct)
  • Requirement to visit physical stores
  • Increased prices for products
  • Limited shopping hours

    • Why do transactions in e-commerce involve less paperwork?

  • Automation of processes (correct)
  • Increased use of physical records
  • Higher costs associated
  • Manual processes involved

    • What contributes to better customer relations in e-commerce?

    <p>Automation leading to prompt order updates</p> Signup and view all the answers

    Why do e-commerce transactions result in fewer errors?

    <p>Automation with computers handling most tasks</p> Signup and view all the answers

    What financial advantage does e-commerce offer for sellers in terms of starting a business?

    <p>Lower initial investment as no physical space needed</p> Signup and view all the answers

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