Which of the following is an advantage of E-business?
(I) reduction of transaction costs
(II) shortened supply chain response time
(III) greater customer loyalty

Question

Quizplus · Accepted Answer

E-business can reduce transaction costs by automating processes and eliminating the need for physical documentation. It can also shorten supply chain response time by enabling real-time communication and tracking of inventory. While greater customer loyalty can be a potential benefit of e-business, it is not guaranteed and is influenced by various factors such as product quality and customer service. Therefore, options D and E are not correct.

Which of the Following Is an Advantage of E-Business