1. An e-business is also known as an electronic or internet business, where they process orders, handle customer service, and cooperate with other business partners online.
2. Some pros of having an e-business include lower start up costs because of a lack of physical store. Also, because your business is online, international customers can access your business as well. Your business will also be running 24/7 and you can work at home, which can save your expenses for commute and transportation. Some cons of having an e-business include not being able to see your customers physically, and thus not knowing what your market is. You will also need to maintain your site and its security, and keep up to date with all the latest online frauds and scams.
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