Skip to content
doubtly

1 answer

Best answer

Answer: The statement is correct.

E-business means carrying out business activities using electronic means and the internet.

  1. No geographical barriers: The internet connects the whole world, so a business can buy, sell and communicate with customers and suppliers in any country.
  2. 24 × 7 working: Online business works round the clock, irrespective of time zones.
  3. Any field: E-business is used in trading, banking, insurance, education, travel, healthcare, entertainment, consultancy and so on.
  4. Low cost: Even small firms can reach global markets without opening branches abroad.
  5. Outsourcing and work from anywhere: Work such as BPO and KPO can be done from one country for clients in another.

Therefore e-business allows users to work across the globe in any field.

Doubtly AI · 28 Oct 2026 AI-verified · Oct 2026 Report
Was this answer helpful?

Your answer

Log in or create a free account to answer this question.