Tag: definition, scope and benefits of e-business

Questions Related to definition, scope and benefits of e-business

By Electronic Commerce, we mean _________________.

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. Commerce of electronic goods

  2. Commerce which depends on electronics

  3. Commerce which is based on the use of internet

  4. Commerce which is based on transactions using computers connected by telecommunication network

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Correct Option: C
Explanation:

Electronic commerce refers to pursuing commerce activities i.e. buying and selling of goods over an electronic network typically,  internet. Here transactions are carried out using files, data having visual effects, sounds, animation etc.

'Internet' and'World Wide Web' two terms are synonymous.

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. True

  2. False

  3. Partly false

  4. None of the above

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Correct Option: B
Explanation:

It is false. World wide web and Internet are not the same things but are related to each other. The world wide web is one set of software services running on the internet. Internet itself is a global interconnected network of various computing devices.

Difference between attendance time and job time is _________.

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. job time

  2. over time

  3. actual time

  4. idle time

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Correct Option: D

Which of the following computers are highly adaptable to business use?

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. Analog computers

  2. Digital computers

  3. Both (A) and (B)

  4. None of these

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Correct Option: B
Explanation:

For business purposes, digital computers are highly adaptable compared to analog computers. Analog computers have very wide range of complexities while digital computers are easy to use.

Which of the following is an advantage of e-business?

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. Dearer marketing, less control

  2. Higher Restrictive Hours

  3. Conversations happen at a slow pace

  4. No longer do people have to wait for stores to open

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Correct Option: D
Explanation:

Outsourcing is a form of business where a company sets contract with an outside company for the completion of a task through electronic process in exchange of a certain amount of payment for the company. The biggest advantage of such a business is that it is open 24x7 and the customer do not have to wait for any other thing. 

What is ASBA in e-invest?

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. All Scheduled Bank Association

  2. Application Supported by Blocked Amount

  3. All India State Bank Association

  4. All Saving Bank Account Holders

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Correct Option: B

A better name for a business computer is ___________.

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. digital computer

  2. electronic computer

  3. high speed computer

  4. automatic high speed electronic business data processing digital computer

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Correct Option: D
Explanation:

Another name for business computer can be an automatic high speed electronic business data processing digital computer as the main purpose of business computer is to analyse the business related information.

Data are placed in a unit called _______.

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. memory

  2. the input unit

  3. output

  4. the output unit

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Correct Option: B
Explanation:

An input unit is a piece of computer hardware equipment used to provide data and control signals to an information processing system. Data are stored in these units for the efficient working of business organisations and decision making can be done without any hassle.

The business computer is capable of storing ______.

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. business data

  2. the set of instruction

  3. both (A) and (B)

  4. none of the above

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Correct Option: C
Explanation:

The business computer helps in sorting the appropriate data and the instructions so that these can be used effectively for the purpose of business decision making. Business computers also helps in making spreadsheets, graphic presentations, maintaining databases for the benefits of business.

According to the elements of computer system, which can be compared to the eye?

organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

  1. Communication

  2. Storage

  3. Decision making

  4. Report Preparation

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Correct Option: A
Explanation:

According to the elements of the computer system, the communication which we do with the computer in the way of input,process and output can be compared to the eye as it stores all the information and keep it as the memory.