EMERGING MODES OF BUSINESS

of its sourcing of supplies of materials and components in a paper less fashion. licences. In this respect, the provisions of Information Technology Act are quite noteworthy. from certain limitations. It is advisable to be aware of these limitations as well. warmth of interpersonal interactions. To this extent, it is relatively less suitable categories requiring high personal touch such as garments, toiletries, etc. speed: Information can flow at the click of a mouse, but the physical delivery of unusually long time to open. This may further frustrate the user. fairly high degree of familiarity of the parties with the world of computers. And, this requirement is responsible for what is known as digital divide, that is familiarity and non-familiarity with digital technology. cyber personalities. As such, it becomes difficult to establish the identity of the parties. Moreover, one does not know v G k ir S T I M itir ir v ti N v lli k -i S lli k ll T ifil q ll k ir T s' L f- t- .t H ti even the location from where the parties may be operating. It is riskier, therefore, problems of ‘virus,’ and ‘hacking,’ that be dealing with security and safety concerns of online business.