Define a virtual business

Business Dec 10, 2020

Expert Solution

A virtual business is a business enterprise which utilizes various electronic means in conducting their business. Unlike the traditional business method, they do not meet face to face with their clients but interact through their online websites. It is where virtual businesses post their products and services. The online platform also serves as an avenue for their clients to see and order their products. The products are then delivered to the clients through couriers. An example of a virtual business is an online store or shop.

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