Emerging Modes of Business Test

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Emerging Modes of Business Test - 1

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Weekly Quiz Competition

Question 1
1 / -0

Here, parties involved in the electronic transactions are from within a given business firm, hence the name is ________.

A
Intra-C Commerce

B
Intra-D Commerce

C
Intra-B Commerce

D
Intra-A Commerce

Solution

Explanation:

This refers to transactions between the parties or persons who are the part of one firm only.It is transactions within the firm that is why it is called intrafirm.Generally, a firm has to deal with its suppliers, cutomers, employees etc. These are called intra B-commerce interactions.
Question 2
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____transactions have business firms at one end and its customers on the other end.

A
B2B Commerce

B
C2B Commerce

C
B2C Commerce

D
C2C Commerce

Solution

Explanation:

Business to consumer (B2C) is business or transactions conducted directly between a company and consumers who are the end-users of its products or services.
Question 3
1 / -0

Both Sellers and buyers are business firms, under ___type of e-commere transaction

A
B2B Commerce

B
C2C Commerce

C
B2C Commerce

D
C2B Commerce

Solution

Explanation:

B2B (business-to-business), is the exchange of products, services or information between businesses, rather than between businesses and consumers.
Question 4
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Complaint lodged by a customer at the company's call centre is _______ type of e-business transaction.

A
C2B Commerce

B
B2C Commerce

C
B2B Commerce

D
C2C Commerce

Solution

Explanation:

Customer to Business (C2B), sometimes known as Consumer to Business, is the most recent E-Commerce business model. In this model, individual customers offer to sell products and services to companies who are prepared to purchase them.
Question 5
1 / -0

Which method is very popular for making online transactions?

A
Credit Card

B
All of these

C
Debit Card

D
Net banking

Solution

Explanation:

Debit Card, Credit Card and Net banking are very popular method for making online transactions
Question 6
1 / -0

Both buyers and sellers are customers under_______ type of E-Business transaction

A
B2C Commerce

B
C2C Commerce

C
B2B Commerce

D
C2B Commerce

Solution

Explanation:

C2C Commerce, (Customer-to-Customer) or (Consumer-to-Consumer) - is a business model that facilitates the transaction of products or services between customers.
Question 7
1 / -0

____________ refers to contracting out some of its activities to a third party which was earlier performed by the organization.

A
BPO

B
E-Banking

C
E-Commerce

D
Outsourcing

Solution

Explanation:

Outsourcing is a practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally. Outsourcing is an effective cost-saving strategy when used properly.
Question 8
1 / -0

India is the preferred destination for BPO because of ____________.

A
Poor conditions

B
Cheap Manpower

C
Tax Free Zone for BPOs

D
Cheap People

Solution

Explanation:

Since the population is young, educated and in huge number, the cost on training the man power, cost of capital investment and overheads can be nullified while setting up a call center in India.
Question 9
1 / -0

What is the method payment chosen by the customer at the time of physical delivery of goods?

A
Credit card payment

B
Debit card payment

C
(COD) - Cash on delivery

D
Prepaid amount

Solution

Explanation:

Cash on delivery (COD), sometimes called collect on delivery, is the sale of goods by mail order where payment is made on delivery rather than in advance.
Question 10
1 / -0

Out of E-commerce and E-business, which is a broader term?

A
E-business

B
E-commerce

C
Somtimes E-commerce and Sometimes E-business

D
Both E-business and E-commerce are the same things

Solution

Explanation:

E-business is the conduct of business processes on the internet. where as E-commerce is a subset of Ebusiness.

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Re-Attempt Weekly Quiz Competition

Emerging Modes of Business Test - 1

Result

Emerging Modes of Business Test - 1

Score

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Rank

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SHARING IS CARING

Question 1

Intra-C Commerce

Intra-D Commerce

Intra-B Commerce

Intra-A Commerce

Solution

Question 2

B2B Commerce

C2B Commerce

B2C Commerce

C2C Commerce

Solution

Question 3

B2B Commerce

C2C Commerce

B2C Commerce

C2B Commerce

Solution

Question 4

C2B Commerce

B2C Commerce

B2B Commerce

C2C Commerce

Solution

Question 5

Credit Card

All of these

Debit Card

Net banking

Solution

Question 6

B2C Commerce

C2C Commerce

B2B Commerce

C2B Commerce

Solution

Question 7

BPO

E-Banking

E-Commerce

Outsourcing

Solution

Question 8

Poor conditions

Cheap Manpower

Tax Free Zone for BPOs

Cheap People

Solution

Question 9

Credit card payment

Debit card payment

(COD) - Cash on delivery

Prepaid amount

Solution

Question 10

E-business

E-commerce

Somtimes E-commerce and Sometimes E-business

Both E-business and E-commerce are the same things

Solution

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