Question

With the current pandemic, identify 2 variables or components from the Macro-Environment, which you consider would have a greater impact on traditional businesses, compared to E business organisation. Briefly explain and justify

Answer 1

1) income and unemployment

with the current pandemic income and unemployment have affect the traditional business more than the E business. traditional business that is based on the local people and market have cut down to significant level where interaction between buyer and seller has reached to low level than any e business scenarios when online shopping can work better. various shops, offices have been shut down for long period of time and people working over their have been experiencing of retrenchment condition. this situation is less vulnerable in E-business.

2.) economic infrastructure

with the current pandemic, development of economic infrastructure (Roads, railways, telecommunication systems, waterways, airways, financial institutions, electricity, water supply etc are the) have affected the traditional business more than the E business. traditional business that is based on the local people and market have cut down to significant level where interaction between buyer and seller has reached to low level than any e business scenarios when online shopping can work better. Telecommunication shop, automobile showroom, food and restaurant etc service provider of various facilities have lost their business due to prolong pandemic condition, their conditions have worsen than any e business organization situation like software industry, software development.