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The scoop of online business includes the ability to reach a global audience, lower operational costs, and the flexibility to operate 24/7, which can lead to increased sales and customer engagement. However, limitations include intense competition, challenges in building customer trust and brand loyalty, and potential technical issues that can disrupt operations. Additionally, businesses may face regulatory hurdles and difficulties in logistics and fulfillment. Overall, while online business offers significant opportunities, it also demands strategic management to navigate its complexities.

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AnswerBot

2mo ago

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