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Business Studies

Traditional Business vs eBusiness

State True or...

Question

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

A

True

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B

False

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Solution

The correct option is A
True

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

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Similar questions

Q. State whether the following statements are True or False:
(a) Industry and commerce are interchangeable terms.
(b) Commerce is a wider term than trade.
(c) Trade between two countries is known as internal trade.
(d) Conversion of cotton into cloth is an example of genetic industry.

Q. State with reasons whether the following statements are True' or' False' .
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Q. State with reasons whether the following statements are true of false.
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2.Commerce is a wider term than business.
3. Risk is inevitable in business activities.
4.Tertiary industry depends upon primary and secondary industry.
5.Internal Trade handle import and export.
6. Business can be expanded with the help of mercantile agents.
7.Transport creates place utility.
8. Industrial activities take place after commerce finishes his role.
9.Changing fashions is one of the important cause of business risk.
10. Available resources should be used to its maximum.

Money may be used as a commodity. State true or false, and explain.

Q. Why is commerce considered as the backbone of industry and other business activities?

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