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 Form 3 business studies revision questions and answers set 4

Explain five advantages of carrying out trade activities through E-commerce.

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Answer Text:
- Facilitate access to a large market.
- There is no discrimination since large and small industries can transact
business through the internet.
- The business can transact very fast.
- Paper work is very much reduced since many dealings are done online.
- Saves the cost of sending, receiving and storing of information.