'Networked individuals and firms are more efficient than networthed individuals.' Throw a light on the statement by identifying this phrase and explain the benefits.
Dear Student,
This phrase is for benefit of e -business.This means that even if you do not have much of investment (networth) but have contacts (network), you can do fabulous business.
Following are the some benefit of e-business:
This phrase is for benefit of e -business.This means that even if you do not have much of investment (networth) but have contacts (network), you can do fabulous business.
Following are the some benefit of e-business:
- E-banking provide 24 hours service to customer of bank
- It record each and every transaction thus give a sense of financial discipline
- Customer can make some permitted transaction from house, while travelling, from office or via mobile telephone.
- Great customer satisfaction by offering unlimited access to the bank.