Tag: introduction to internet and e-commerce

Questions Related to introduction to internet and e-commerce

The payment mechanism typical to e-business is __________________.

  1. cash on delivery

  2. cheques

  3. credit / debit cards

  4. All of the above


Correct Option: D
Explanation:

The payments in e-business can be done using non cash methods like credit cards or debit cards or by issuing cheques and also cash on delivery option is available as it will ensure the trust of customers on business ensuring no frauds.

What is the purpose of a Level-2 Virus?

  1. Damage to target data files

  2. To complete destruction of the system

  3. Disruption of functioning

  4. Installing and timely updating anti-virus programmes and scanning the files


Correct Option: A
Explanation:

When level 2 virus is present there in computer, it damages  the target data files. Virus performs the destructive functions for the computer, data files and other programmes of computer are suffered due to the presence of Level 2 virus.

What is the purpose of a Level-1 Virus?

  1. To complete destruction of the system

  2. Installing and timely updating anti-virus programmes and scanning the files

  3. Disruption of functioning

  4. Damage to target data files


Correct Option: C
Explanation:

Level-1 virus leads to the disruption of files and programme in computer software. Virus enters the computer software without the knowledge of user and performs the malicious actions that affects the functioning of computers.

What is the purpose of a Level-3 Virus?

  1. Disruption of functioning

  2. The complete destruction of the system

  3. Installing and timely updating anti-virus programmes and scanning the files

  4. Damage to target data files


Correct Option: B
Explanation:

Presence of level 3 virus affects the complete system of computer. This virus is much more destructive than virus 1 and virus 2. It affects the functioning of complete system and its mere presence can destroy the whole system and data transmission becomes very difficult.

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

  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 increases customer satisfaction

  4. All of the above


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.

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

  1. Customers can shop from home or office.

  2. It allows quick response to the queries of customers and other business houses through the internet.

  3. It is easier to launch a new product through the internet.

  4. All of above


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.

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

  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.  the whole world becomes a shop for the customers.

  4. All of above


Correct Option: D
Explanation:

There are many advantages of e commerce. 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.

Fast growth plus relatively low market share means that there is still enormous opportunity for new players to outpace traditional industry leaders.

  1. True

  2. False


Correct Option: A
Explanation:

True. 

IF the market is growing fast and the sellers have very low market share then it indicates that there are enormous opportunities for all the new players to compete with the traditional industry leaders and outpace them. 

What are the disadvantages of e-commerce?

  1. Lack of warmth of interpersonal interactions between the seller and the buyer.

  2. Not suitable where the customer requires personalized service.

  3. Security continues to be a problem for online business.

  4. All of the above


Correct Option: D
Explanation:

The disadvantages 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 and it is not suitable where customer requires personalized services. Security is a main concern in pursuing e-commerce activities.

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

  1. customers can shop from home or office.

  2. it allows quick response to the queries of customers and other business houses through the internet.

  3. it is easier to launch a new product through the internet

  4. all of above


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.