State whether the following statement are true or false

1) It is easy to set up e-business as compared to traditional business.
Ans:- True 

2) The term e-business is derived from the term e-mail and e-commerce.
Ans:- True

3)  e-business allows you to work across the globe in any field.
ans:- True

4) LPO stands for legal product outsourcing.
Ans:- False

5) KPO requires advanced analytical and technical skills.
ans:- False