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"Even short meetings of different departments can be conducted through video conferencing to take fast action". Identify the benefit of e-business mentioned in the above line.

a. global reach
b. Convenience
c. speed
d. Movement towards a paperless society.

1 Answer

3 votes

Final answer:

The benefit of e-business mentioned is 'speed', as it allows fast decision-making through efficient video conferencing irrespective of geographical barriers.

Step-by-step explanation:

The benefit of e-business mentioned in the provided student's question is speed. This is clearly reflected in how video conferencing enables fast action and decision-making among different departments of an organization, eliminating geographical barriers. Thanks to advancements in telecommunications, businesses can engage in fast, effective communication without the need for physical travel.

This not only facilitates immediate collaboration and feedback but also contributes to efficient and improved operations. The availability of cloud storage, collaboration platforms, and word processors has made it easier for documents to be shared, reviewed, and updated in real-time, furthering the ability of businesses to react quickly to changing situations and opportunities. Furthermore, these technologies align with the trend of moving towards a paperless society, but in the context of the given question, the primary focus remains on speed.

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