E - Businesses

E - Businesses

1. Advantages

   • • It makes national and international markets more accessible
     • • It lowers the costs of processing, distributing and retrieving information
       • • Customers benefit as they have access to vast amounts of products and services around the clock.
         • • The major benefit to society is the ability to easily and conveniently deliver information, services and products to people in cities, rural areas and developing countries.

2. Disadvantages

   • • One major technological limitation is the lack of universally accepted security standards.
     • • In some developing countries, telecommunications bandwidth often is insufficient, and accessing the web id expensive.
       • • The nontechnological limitations include the perception that it is insecure, has unresolved legal issues, and lacks a critical mass of sellers and buyers.