Traditional Business vs eBusiness

Q.

The www.olx.in, www.quickr.com etc are examples of websites used to conduct business. Deepa's sofa set got spoiled in rain. Her friend suggested that she should change the fabric so that it looks new and put it for sale on www.olx.com Deepa followed her friend's advice and got her sofa repaired so that it looks better and uploaded nicely clicked pictures on www.olx.com in without disclosing the fact that it was damaged from inside. She found a customer and sold it for Rs. 9, 000. After one week the buyer found the real state of sofa set and called Deepa but she did not answer any of the calls.

(i) Name the type of business in above case.

(ii) Which values did Deepa ignore while selling her sofa set?

(iii) Explain two advantages and disadvantages of e-commerce

Q.

What is e-banking? What are the advantages of e-banking?

Q.

Write a note on e-business. What are the applications of e-business?

Q.

What is e-shopping? What are it’s benefits.

Q.

Elaborate the steps involved in online trading.

Q.

Describe briefly any two applications of e-business.

Q.

State three benefits of e-business?

Q.

Upward communications refer to the flow of communication from______.

Q.

How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.

Q.

Define e-business.

Q.

What are the steps involved in online trading?

Q.

What do you mean by e-business ?

Q.

State True or False. E-business may be defined as the conduct of industry, trade, and commerce using the computer networks.

1. True

2. False

Q.

State True or False. E-business helps the seller to access the global market, and on the other hand for the buyers a freedom to choose products from almost any part of the world.

1. False

2. True

Q.

Write a note on payment mechanism.

Q.

In traditional business, ease of formation is ____________as compared to e-business.

1. None of the above

2. Easy

3. Difficult

4. Rigid

Q.

dummy - State True or False. Except for the last stage of online transaction, there is no flow of information.

1. True

2. False

Q.

In traditional business, opportunity for physical pre-sampling of a product is ______________ to that of e-business.

1. less

2. nothing

3. much more

4. none of the above

Q. helps the seller to access the market, and the buyers have the freedom to choose products from almost any part of the world.

1. E-services
2. E-banking
3. E-business
4. E-commerce

Q.

Elaborate the steps involved in online trading.

Q.

The cost of setting up an E-business is ___.

1. Tough

2. Easy

3. Low

4. High

Q. deals exclusively in the distribution of goods and services.

1. E-banking
2. E-services
3. E-business
4. E-commerce

Q.

State whether the following statement is correct or incorrect: There is a hierarchical communication in an e-business, having a top-level management to middle-level management to lower level management to operatives.

1. Correct

2. Incorrect

Q.

State True or False. Goods need not be opened or repacked again at the time of inspection by the prospective buyers.

1. True

2. False

Q. Nasscom wants to encourage which of the following, as can be inferred from the passage?

1. Software exports
2. Domestic software services market
3. e-commerce
4. Both (A) and (B)

Q.

E-Commerce development in India 2017 it has been reported that Medium scale businesses which went digital experienced annual revenue growth which was 27% higher than traditional businesses. State True or False.

1. True

2. False

Q.

Define the concept which comes under the scope of e-business.

Q.

Discuss the scope of e-business.

Q.

What are the dimensions of a business?

Q.

E-business has more payment modes as compared to traditional business.

1. True

2. False