Emerging modes of business is a chapter that is crafted to explain the students regarding the different types of business. This chapter 5 covers different concepts – A brief introduction to the topic, e- business, scope of e- business – B2B commerce, B2C commerce, Intra -B commerce, C2C commerce, eBay feedback, benefits of e- business – convenience, speed, global reach / access, movement towards a paperless society, demerits of e- business – low personal touch, need for technology capability and competence of parties to e- business, increased risk due to anonymity and non- traceability of the parties. These are a few important pointers that the students can revise. For more revision notes, students can refer to the revision notes provided for the Chapter 5 – Emerging Modes Of Business.
Students can refer to :
| NCERT Solution for Class 11 Business Studies Chapter 4 – Business Services | NCERT Solution for Class 11 Business Studies Chapter 2 – Forms of Business Organisation |
Frequently asked Questions on CBSE Class 11 Business Studies Notes Chapter 5: Emerging Modes of Business
What is ‘B2B commerce’?
Business-to-business is a transaction or business conducted between one business and another, such as a wholesaler and retailer.
What are the benefits of e-business?
1. No geographical limitation.2. Easy way to gain customers by search engine visibility.3. Lower cost/investment.4. Locate product quickly.5. Save travel time and cost.
What is an e-Bay feedback?
Feedback system allows users to see how they have been rated by other eBay users that they have traded with.
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