State with reasons whether the following statements are true of false.
It is easy to set up e-business as compared to traditional business.
ANSWER:
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 e-business, 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.
