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Question

Match the following:

Sr. No.List ISr. No.List II
PB2C commerce 1.Electronic Commerce
QSelling + customer
satisfaction
2.Customers should approach business to buy
RForm of business transactions that is carried out through electronic processing and
transmission of data
3.E-commerce
SAllowing another firm in a foreign market to use technical know-how and trade mark4.The basic concept of this model is to sell the product online to the consumers
5.Marketing
6.Franchising

A
P4,Q5,R3,S6
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B
P4,Q5,R6,S3
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C
P4,Q5,R6,S1
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D
P2,Q5,R3,S6
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Solution

The correct option is A P4,Q5,R3,S6
Answer: A
B2C commerce: This basically refers to business to customer where all the customer oriented products and services are provided online to all the customers from most of the business units.
Selling+customer satisfaction: Marketing is a process that starts with the basic idea of a product, which is developed keeping in mind the customer satisfaction and continues even after the sale of the product by providing the customers with after sale services.
E- commerce: E-commerce stands for electronic commerce where the information or trade between two parties are done through electronic transmission of data.
Franchising: It is a farm of ownership parent company(franchiser) allows many firms(franchisee) in the foreign market to use the technical know-how and trade mark of the company to separate the business in agreement for a regular payment at a fixed rate.

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