Author Dipesh Karki Publish date : 3rd October 2020
Online business is any kind of business or commercial transaction that includes
sharing information across the internet. It also refers to the business with the
help of internet. According to Christopher Sharrocks(1976) A Online business is a
business conducted entirely online. Goods or services are marketed, viewed,
purchased and delivery is organized thereafter once the order has been placed
and paid for. Electronic business differ from electronic commerce as it does not
only deal with the online transaction of selling and buying of a product or service
but also enables to conduct business processes logistics, manufacturing and
operations, marketing and sales, customer service with the value chain through
internal or external networks. A strong online presence allows you to build your
brand and gain the credibility that you need to attract more customers.
As talking to the current scenario the world is facing
The COVID-19 pandemic situation various online business are facing different
opportunities as well as challenges and also their strength as well as weaknesses.
There are various strength and weakness of online businesses. Some of the
strength and weakness are as follows:
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