Tag: emerging service business in india

Questions Related to emerging service business in india

The individual or firm which grants right is called_________.

  1. Franchisee

  2. Franchiser

  3. Consignor

  4. Consignee


Correct Option: B
Explanation:

franchisor is a person or company that grants the license to a third party for the conducting of a business under the franchisor's marks. The franchisor owns the overall rights and trademarks of the company and allows its franchisees to use these rights and trademarks to do business.

Presently Industrial Licensing is not applicable for ___________.

  1. Ship Building

  2. Hazardous Chemicals

  3. Cigarettes

  4. Electronic Aerospace and Defence Equipment


Correct Option: A
Explanation:

It normally takes place in a specialized facility known as a shipyard. Ship builders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.

The franchiser can expand his distribution system in the least possible time.

  1. True

  2. False

  3. Partly true

  4. None of the above


Correct Option: A
Explanation:

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchiser licenses its know-how, procedures, intellectual property, use of its business model, brand; and rights to sell its branded products and services to a franchisee.

Franchising enables the franchiser to increase his ____________ by expanding his network.

  1. Goodwill

  2. Reputation

  3. Both (a) and (b)

  4. Neither (a) nor (b)


Correct Option: C
Explanation:

 franchising the business, the franchisor places the expansion of his/her business in the hands of people who are motivated to make it work.

Full form of E-Commerce is __________________.

  1. electric commerce

  2. electricity commerce

  3. electronic commerce

  4. None of the above


Correct Option: C
Explanation:

E commerce (e-commerce) or electronic commerce, a subset of e-business, is the purchasing, selling and exchanging of goods and services over computer networks.

E-business helps in a movement towards paperless society and ecological ways of doing business.

  1. True

  2. False


Correct Option: A
Explanation:

E- Business helps in a movement towards paperless society and ecological ways of doing business as everything is done online, very less paper based transactions are involved that helps in maintaining the ecological environment.

Digital computers are also called as____________.

  1. business computers

  2. second generation computers

  3. third generation computers

  4. electronic computers


Correct Option: D
Explanation:

Digital computers are devices that are capable of solving problems by processing information in discrete form. It operates on data including magnitudes, letters and symbols that are expressed in binary forms and are also known as electronic computers.

Choose the correct answer form the alternatives given.
Which of the following is the worlds largest e-commerce company?

  1. Amazon

  2. eBay

  3. Alibaba

  4. Flipkart


Correct Option: C
Explanation:

Indian shuttler Kidambi Srikanth displayed pure class to oust defending champion Viktor Axelsen and clinch the mens singles title at the $120,000 Swiss open Grand Prix Gold. 

The internet has no boundaries.

  1. True

  2. False


Correct Option: A
Explanation:

The internet has no boundaries, it has a global reach. Wherever the network is available, internet can be used for making our work easy and fruitful. Internet can be processed anywhere if network availability is good.

Some of the good features of email is/are __________________.

  1. efficiency

  2. speed

  3. $24$ hours availability

  4. All of the above


Correct Option: D
Explanation:

E mail can be termed as messages transferred from one computer device to another computer device. Sending messages through emails ensures efficiency and speed i.e. it takes less than a minute to send mails and also mailing facility is available 24*7 i.e. no wastage of time and money.