Tag: recent trends of business

Questions Related to recent trends of business

E-Commerce results in _______ transaction cost and ________ margin.

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. higher, lower

  2. lower, lower

  3. lower, higher

  4. higher, higher

Show answer
Correct Option: C
Explanation:

E-commerce results in lower transaction cost and higher margin as expenses related to land, labour etc. are very less in online transactions as compared to offline transactions that results in high profit margin.

M-commerce means ____________.

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. Movable commerce

  2. Mobile commerce

  3. Movement commerce

  4. More commerce

Show answer
Correct Option: B
Explanation:

M-commerce means mobile commerce i.e. commercial activities that takes place electronically by mobile phones. M-commerce enables users to access internet without finding a place to plug in. These transactions includes purchasing stocks, remitting money, this service is often referred as mobile banking.

Which of the following refers to the buying and selling of goods and services through wireless handheld devices such as mobile phone and Personal Digital Assistants (PDAs)?

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. BPO

  2. E-commerce

  3. M-commerce

  4. N-commerce

Show answer
Correct Option: C
Explanation:

M-commerce means commerce activities that takes place through wireless handheld devices such as mobile phone. M-commerce enables users to access internet without finding a place to plug in. These transactions includes purchasing stocks, remitting money, this service is often referred as mobile banking.

In which of the following, personal digital assistants (PDAs) are used for buying and selling of goods and services?

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. E-commerce

  2. M-commerce

  3. V-commerce

  4. All of the above

Show answer
Correct Option: B
Explanation:

M-commerce means mobile commerce i.e. commercial activities that takes place electronically by PDAs i.e. mobile phones. M-commerce enables users to access internet without finding a place to plug in. These transactions include purchasing stocks, remitting money etc. this service is often referred as mobile banking.

Abbreviation FTP means ________.

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. file Transfer Promotion

  2. File Tall protocol

  3. Foreign Transfer Protocol

  4. File Transfer Protocol

Show answer
Correct Option: D
Explanation:

FTP stands for File transfer protocol. FTP is the commonly used protocol for transferring files over the Internet. FTP uses a client server architecture. Files can be transferred between two computers using file transfer protocol. 

Which of the following reflects 'parent ego' as per the concept of Transactional Analysis?

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. I would not do so again

  2. Do not worry

  3. Do not leave me

  4. All of the above

Show answer
Correct Option: B
Explanation:

In the concept of Transactional analysis, parent ego is reflected by the word do not worry. 

Identify the latest concept in e-commerce ______________.

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. B2B Commerce

  2. C2C Commerce

  3. B2C Commerce

  4. M-Commerce

Show answer
Correct Option: D
Explanation:

M-commerce is a latest concept in e commerce. It means commerce activities that takes place through wireless handheld devices such as mobile phone. M-commerce enables users to access internet without finding a place to plug in. These transactions includes purchasing stocks, remitting money, this service is often referred as mobile banking.

The abbreviation 'VSAT' stands for ________________.

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. Very Straight Aperture Terminals

  2. Vast Small Aperture Terminals

  3. Very Small Aperture Transfer

  4. Very Small Aperture Terminal

Show answer
Correct Option: D
Explanation:

VSAT stands for very small aperture terminals. Very small in VSAT refers to the size of the antenna on VSAT dish. The earth station is designed to transmit and receive data signals via a satellite signals. The satellite sky transponder then forwards the data transmission to the end user's VSAT antenna and finally to the end user's device.

Choose the example of M-commerce from the following.

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. Online shopping using a Personal Computer

  2. Online purchase of books using smartphone

  3. Paying by Plastic Card (Debit/Credit) at a restaurant

  4. Withdrawal of cash at ATM

Show answer
Correct Option: B
Explanation:

Online purchase of books using smartphone is a kind of M-commerce. M-commerce means commerce activities that takes place through wireless handheld devices such as mobile phone. These transactions also includes purchasing stocks, remitting money, this service is often referred as mobile banking.

Which among the following is true about the mobile app used in mobile phones?

organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

  1. Customers using app are considered more loyal.

  2. Customers invest in saving and downloading app.

  3. Probability of purchase from the users of app is high.

  4. All of the above

Show answer
Correct Option: D
Explanation:

Mobile apps used by the customers makes them seem more loyal towards the application. Customers invest in savings and downloading app, it increase the wealth of app makers. Probability of purchase from the users of app is high, it also shows the interest of consumers in purchasing.