Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

__________ is a B2B type of trading network that links a particular seller with its own trading partners. 

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. Search driven network

  2. Private trading network

  3. Virtual network

  4. Catalog drive network

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Correct Option: B
Explanation:

B2B is a type of business in which two business firm carries out a transaction without involving any customer. For example: Private trading market is a form of e business in which a particular seller deals with other trading partners.

Parties involved in the electronic transactions are from within a given business firm is known as ____________.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. B2B

  2. B2C

  3. C2C

  4. Intra-B

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Correct Option: D
Explanation:

Intra-B Commerce refers to the transactions that takes place between the parties or persons who are the part of one firm only. Generally a firm deals with customers, suppliers, employees etc. These are called intra business transactions.

E-mail is commonly known as ______.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. E- correspondence

  2. E- communication

  3. Both (A) and (B)

  4. None of the above

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Correct Option: C
Explanation:

E - mail is commonly known as E- correspondance and E- communication as email is a medium to exchange ideas, information between people through computing devices for making the communication between them easy.

B2C commerce _______.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. includes services such as legal advice

  2. means only shopping for physical goods

  3. means only customers should approach customers to sell

  4. means only customers should approach business to buy

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Correct Option: A
Explanation:

B2C commerce means transactions offered by business enterprises directly to customers. It includes services such as legal services and goods like clothes, shoes, camera, other accessories. In these transactions, customer is communicating directly to the business enterprise.

Creation of utilities or delivering value requires a business to interact with a number of other business firms which is known as ___________.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. B2B

  2. B2C

  3. G2B

  4. Intra-B

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Correct Option: A
Explanation:

Business to Business refers to a situation when one business firm makes a commercial transaction with another firm. For example: a chips manufacturing business enterprise communicates with salt manufacturing business firm so as to deliver its own product in the market.

Business that originates from consumers and the ultimate destination is also consumers is known as ___________.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. B2B

  2. B2C

  3. C2C

  4. C2B

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Correct Option: C
Explanation:

In consumer to consumer (C2C) form of e-commerce, transactions takes place between the customers. For example: OLX is an application in which one customer uploads a photo of their used product which they want to sell and another person can purchase the product if it matches their requirement.

What if an e-commerce operator having no physical presence in the taxable territory, does not have a representative in the taxable territory?

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. His will have to discharge his tax liability in foreign currency

  2. He will not be liable to tax

  3. He has to appoint a person in the taxable territory for the purpose of paying tax on his behalf

  4. None of the above

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Correct Option: C

The email message should be sent immediately after writing.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. True

  2. False

  3. Partly true

  4. None of above

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Correct Option: B
Explanation:

It is not necessary to send emails immediately after writing. One can write the email and save it as drafts. Saving as drafts facilitated the editing of messages written if needed for the further use. Emails can be sent anytime without any restriction on time.

Which method is adopted for industrial marketing?

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. Statistical methods

  2. Sales composite method

  3. User's expectation method

  4. Jury executive opinion method

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Correct Option: C
Explanation:

Under the End Use Method, also called as the User Expectation Method, the list of several users of the product under forecasting is prepared first,who are then asked about their individual purchasing patterns and then from such information the complete product demand forecast is ascertained.

Digital products are best suited for B2C e-commerce because they __________________.

organisation of commerce and management structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. Are commodity like products

  2. Can be mass-customized and personalized

  3. Can be delivered at the time of purchase

  4. All of the above

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Correct Option: D