Tag: structure of business

Questions Related to structure of business

Benefit(s) of e-commerce is/are __________.

commercial studies structure of business e-advertising, e-marketing and e-security introduction to internet and e-commerce emerging modes of services e-tailing e-commerce and mobile commerce

  1. it saves a lot of time, money and energy in receiving orders and executing the same under the traditional mode of commerce

  2. the business firm can get quick supplies from the vendors

  3. for the consumers, the whole world becomes a shop

  4. all of above

Show answer
Correct Option: D
Explanation:

Buying and selling through internet i.e E commerce activities helps in reducing the costs of business transactions as physical stores are not required by an enterprise to function, provides economies of scale that leads to reduction in the price of products and increases the customer satisfaction and maintaining the goodwill of business enterprise.

Disadvantages of E-commerce in India are:
(i) Internet access is not universally available;
(ii) Credit card payment security is not yet guaranteed;
(iii) Trancstions are de-personalized and human contact is missing;
(iv) Cyber laws are not in place
Select the correct answer from the options given below.

commercial studies structure of business e-advertising, e-marketing and e-security introduction to internet and e-commerce emerging modes of services e-tailing e-commerce and mobile commerce

  1. (i) and (ii)

  2. (ii) and (iii)

  3. (i), (ii), (iii)

  4. (i), (ii), (iii), (iv)

Show answer
Correct Option: C
Explanation:

The drawbacks of e commerce business includes the lack of interpersonal relations between customers and business enterprise as they don't know about the physical existence of each other, internet is not available universally and it is not suitable where customer requires personalized services. Security is a main concern in pursuing e commerce activities.

E - business is____________________________________.

commercial studies structure of business e-advertising, e-marketing and e-security introduction to internet and e-commerce emerging modes of services e-tailing e-commerce and mobile commerce

  1. the use of electronic communications for all business processes

  2. an organization using electronic media to purchase from its suppliers

  3. an organization using electronic media to sell direct to its customers

  4. any electronically mediated communication between an organization and its stakeholders

Show answer
Correct Option: D
Explanation:

E- business is a form of conducting business in which transactions are carried out with the electronically mediated communication like internet, intranet etc. between an organisation and its stakeholders.

E-commerce includes buying and selling of ___________________.

commercial studies structure of business e-advertising, e-marketing and e-security introduction to internet and e-commerce emerging modes of services e-tailing e-commerce and mobile commerce

  1. Goods-e.g. digital cameras, music systems, clothes, accessories

  2. Information-e.g. subscription to some law site may give access to some court cases

  3. Services. e.g. matrimonial services through shaadi.com, placement services through naukri.com

  4. All of above

Show answer
Correct Option: D
Explanation:
E-commerce stands for electronic commerce where the information or trade between two parties are done through electronic transmission of data that includes text, sound and visual images. It makes use of various electronic platforms such as intranets, extranets and  the internet to deal in buying and selling of goods, services and information.

E-commerce includes buying and selling of which of the following:


P) Goods - e.g. digital camera, music system, clothes, accessories.
Q) Information - e.g. subscription to some law site may give access to some court cases.
R) Services - e.g. placement services by naukri.com.

commercial studies structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. $P-X, Q-X, R- X$

  2. $P-\surd, Q-X, R- \surd$

  3. $P-\surd, Q-\surd, R- X$

  4. $P-\surd, Q-\surd, R- \surd$

Show answer
Correct Option: D
Explanation:

E-Commerce in India, is the rapidly growing business platform as it includes buying and selling of goods, services and information. Goods and services that includes cameras, clothes, subscription to some law sites, placement services can be purchased and sold through internet. There is nothing in the market that cannot be purchased online.

______ refers to the idea of extracting business intelligence from the competitive web pages.

commercial studies structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. Web farming

  2. Web theft

  3. Web heating

  4. None of the above

Show answer
Correct Option: A
Explanation:

Web farms refers to the collection of servers in single location called a data center in order to function as a coordinated group that can be controlled and managed easily. Web farming refers to extracting the idea from the web pages.

Match the following:

Sr. No. List I Sr. No. List II
P B2C commerce  1. Electronic Commerce
Q Selling + customer satisfaction 2. Customers should approach business to buy
R Form of business transactions that is carried out through electronic processing andtransmission of data 3. E-commerce
S Allowing another firm in a foreign market to use technical know-how and trade mark 4. The basic concept of this model  is to sell the product online to the consumers
5. Marketing
6. Franchising
commercial studies structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. $P-4, Q-5, R-3, S-6$

  2. $P-4, Q-5, R-6, S-3$

  3. $P-4, Q-5, R-6, S-1$

  4. $P-2, Q-5, R-3, S-6$

Show answer
Correct Option: A
Explanation:
Answer: A
B2C commerce: This basically refers to business to customer where all the customer oriented products and services are provided online to all the customers from most of the business units. 
Selling+customer satisfaction: Marketing is a process that starts with the basic idea of a product, which is developed keeping in mind the customer satisfaction and continues even after the sale of the product by providing the customers with after sale services. 
E- commerce: E-commerce stands for electronic commerce where the information or trade between two parties are done through electronic transmission of data. 
Franchising: It is a farm of ownership parent company(franchiser) allows many firms(franchisee) in the foreign market to use the technical know-how and trade mark of the company to separate the business in agreement for a regular payment at a fixed rate. 

Which type of business can be conducted online _________.

commercial studies structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. B2B

  2. B2C

  3. C2B

  4. All of the above

Show answer
Correct Option: D
Explanation:

There are many types of e-commerce activities i.e. business to business (B2B) transactions, Business to Customer, Consumer to Consumer, Consumer to Business(C2B) etc.

_________ model defines the Buyer and Seller as two different entities. It is similar to manufacturer issuing goods to the retailer or wholesaler.

commercial studies structure of business e-tailing e-advertising, e-marketing and e-security e-commerce and mobile commerce

  1. B to B

  2. B to C

  3. C to B

  4. C to C

Show answer
Correct Option: A
Explanation:

Business to business form of e-business includes transactions that takes place between two business enterprises without including customers. For example: Car manufacturing firm can ask for quotation of prices from spare parts manufacturing firm.

Who is called the 'father of email' and is credited with its invention?

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  1. Aristotle

  2. Tomlinson

  3. Merriam

  4. None of the above

Show answer
Correct Option: B
Explanation:

Raymond Samuel Tomlinson was a pioneering American Computer Programmer who implemented the first email program on the ARPANET system. He is internationally known and credited as the inventor of email.