Tag: structure of business

Questions Related to structure of business

Which method is adopted for industrial marketing?

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  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

When can a supplier making supplies through E-commerce operator opt not to register?

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

  1. Always

  2. When the e-commerce operator is not required to collect tax at source u/s 52

  3. When the supplier doesn't cross the threshold limit specified under section 22.

  4. Option (b) and (c), cumulatively fulfilled

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Correct Option: D

In 1965, the Massachusetts Institute of Technology (MIT) was the first to demonstrate the use of the first email system, 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. Email

  2. Mailbox

  3. Test mail

  4. Internet

Show answer
Correct Option: B
Explanation:

The Massachusetts Institute of Technology is a private research university located in Cambridge, United States. In 1965, MIT was the first to demonstrate the use of a first email system, known as Mailbox.

Where buyers name their own prices, such type of e-commerce is called _______.

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

  1. B2C

  2. B2B

  3. C2B

  4. none of the above

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Correct Option: D
Explanation:

E-commerce activity where customers interact or trade with each other without involving any business enterprise. Here, buyers decide their own prices. Companies such as ebay are of e-commerce model.

B2B, B2C,C2B,are the type of ___________.

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

  1. network marketing

  2. E-commerce

  3. M-commerce

  4. marketing

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Correct Option: B
Explanation:

Electronic commerce refers to pursuing commerce activities i.e. buying and selling of goods over an electronic network typically,  internet. These business transactions occur either as business to business transactions, business to consumer transactions, consumer to consumer transactions and customer to business services.

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

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

  1. E-commerce enables business firms to reach out to customers all over the world who have an access to internet.

  2. it reduces the cost of business transactions

  3. it increase customer satisfaction

  4. (b) & (c)

Show answer
Correct Option: D
Explanation:

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.

The classification of E-commerce domain that involves business activated by the consumer and targeted to businesses 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. Business to Consumer (B2C)

  2. Consumer to Business (C2B)

  3. Consumer to Consumer (C2C)

  4. Business to Business (B2B)

Show answer
Correct Option: B
Explanation:

Consumer to business is a business model in which customer offers some product or services to a business enterprise. For example: when a consumer writes reviews  or when a consumer gives a useful idea for new product development, it comes under C2B form of e business.

The ______ (MIT) was the first to demonstrate the use of the first email system, known as MAILBOX.

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

  1. Morocco Institute of Technology

  2. Massachusetts Institute of Technology

  3. Manhattan Institute of Technology

  4. Melbourne Institute of Technology

Show answer
Correct Option: B
Explanation:

The Massachusetts Institute of Technology is a private research university located in Cambridge, United States. In 1965, MIT was the first to demonstrate the use of a first email system, known as Mailbox.

In year ________ email service was being offered in commercial packages and per-minute charges were applicable to those using these services.

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

  1. 1965

  2. 1985

  3. 1996

  4. 1976

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Correct Option: D
Explanation:

Initially, email services were not available freely to the people using it. In 1976, email services was being offered in commercial packages and per - minute charges were applicable to those using theses services.