Emerging Modes of Business Test

Result

Emerging Modes of Business Test - 15

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Weekly Quiz Competition

Question 1
1 / -0

For disseminating information over the internet ______________.

A
Web is used

B
HTTP is used

C
Both A & B

D
None of the above

Solution

For disseminating information over the internet, Web and Http can be used as they both are useful in transmitting texts, images, videos and other multimedia platforms on the surface of internet so that it can be available to the people who looks for these items.
Question 2
1 / -0

If you are purchasing a franchise, one of the reason could be:

A
It is always much cheaper than setting up a new business venture

B
There is complete control over important decisions

C
The business can use its own name in advertisements

D
The risks of failure are lower as it is buying a well known business idea.

Solution

Franchising is a form of business in which a person starts his business by using someone else's expertise, technical knowledge, know how by paying a certain sum of money. Franchising is always cheaper than setting up a new business venture.
Question 3
1 / -0

HTTP is __________.

A
language of interest

B
used to transmit data

C
WEB

D
Both A & B

Solution

Http stand for hypertext transfer protocol. It is the set of rules for transferring files like text, graphic image, sound, video and other multimedia files etc. on the world wide web. Http is an application protocol that runs on the top of TCP / IP suite of protocols.
Question 4
1 / -0

A transaction involves ________________.

A
at least two parties

B
each party has something that might be of value to the other party

C
each party is capable of communication and delivery

D
All of the above

Solution

A transactions involves two parties. A single person cannot make any transaction. For example: selling of shoes requires two person to be involved in this i.e. buyer and seller. A single person cannot carry out the operation.
Question 5
1 / -0

Which one of the following is a great concern for E-COMMERCE?

A
Speed

B
Quality

C
Security risk

D
Maintenance cost

Solution

The main concern for e-commerce form of business is maintenance as every transaction is done with the help of internet so network availability is necessary and that involves huge maintenance cost, which sometimes become a hurdle in the functioning of business.
Question 6
1 / -0

Which of the following is a limitation of e-business?

A
No personal touch

B
Incongruence between order taking/giving and order fulfillment speed

C
Increased risk due to anonymity and non-traceability of parties

D
All of the above

Solution

The disadvantages of e business includes the lack of interpersonal relations between customers and business enterprise as they don't know about the physical existence of each other, it is not suitable where customer requires personalized services. Security is a main concern in pursuing e-commerce activities.
Question 7
1 / -0

World wide web and internet are?

A
Synonyms

B
Antonyms

C
Separate but related things

D
None of the above

Solution

World wide web and Internet are not the same things but are related to each other. The world wide web is one set of software services running on the internet. Internet itself is a global interconnected network of various computing devices.
Question 8
1 / -0

The structure of these businesses will be ___________ and the problem they face will be ___________ as a result, of the difference.

A
Different, same

B
Same, different

C
Different, vary

D
Same, same

Solution

The structure of outsourcing business are different and the results vary upon the different structure of the outsourcing business.
Question 9
1 / -0

One advantage of outsourcing the services is ________________.

A
It is economical

B
It helps in diversifying the business

C
The time zone problem is solved

D
All the above

Solution

Companies outsource primarily to cut costs i.e. for achieving he economies of scale and also about reaping the benefits of strategic outsourcing such as skilled expertise, specialized performance so that better results can be obtained, eventually generating more profits.
Question 10
1 / -0

Some of the good features of email is/are __________________.

A
Efficiency

B
Speed

C
$$24$$ hours availability

D
All the above

Solution

E-mail can be termed as messages transferred from one computer device to another computer device. Sending messages through emails ensures efficiency and speed i.e. it takes less than a minute to send mails and also mailing facility is available 24*7 i.e. no wastage of time and money.

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Re-Attempt Weekly Quiz Competition

Emerging Modes of Business Test - 15

Result

Emerging Modes of Business Test - 15

Score

-

Rank

-

SHARING IS CARING

Question 1

Web is used

HTTP is used

Both A & B

None of the above

Solution

Question 2

It is always much cheaper than setting up a new business venture

There is complete control over important decisions

The business can use its own name in advertisements

The risks of failure are lower as it is buying a well known business idea.

Solution

Question 3

language of interest

used to transmit data

WEB

Both A & B

Solution

Question 4

at least two parties

each party has something that might be of value to the other party

each party is capable of communication and delivery

All of the above

Solution

Question 5

Speed

Quality

Security risk

Maintenance cost

Solution

Question 6

No personal touch

Incongruence between order taking/giving and order fulfillment speed

Increased risk due to anonymity and non-traceability of parties

All of the above

Solution

Question 7

Synonyms

Antonyms

Separate but related things

None of the above

Solution

Question 8

Different, same

Same, different

Different, vary

Same, same

Solution

Question 9

It is economical

It helps in diversifying the business

The time zone problem is solved

All the above

Solution

Question 10

Efficiency

Speed

$$24$$ hours availability

All the above

Solution

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