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Emerging Modes of Business Test - 17

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Emerging Modes of Business Test - 17
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Which of the following reflects 'parent ego' as per the concept of Transactional Analysis?
    Solution
    In transactional analysis parent ego is reflected by work hard. 
  • Question 2
    1 / -0
    Disadvantages of e-commerce are ______________________.
    Solution
    The disadvantages of e-commerce business includes the lack of interpersonal relations between customers and business enterprise as they don't know about the physical existence of each other and it is not suitable where customer requires personalized services. Security is a main concern in pursuing e-commerce activities.
  • Question 3
    1 / -0
    Which of the following reflects 'parent ego' as per the concept of Transactional Analysis?
    Solution
    In the concept of Transactional analysis, parent ego is reflected by the word do not worry. 
  • Question 4
    1 / -0
    Which of the following is a system of interlinked hypertext documents accessed via the Internet _________.
    Solution
    The world wide web is one set of software services running on the internet. 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.
  • Question 5
    1 / -0
    The abbreviation 'VSAT' stands for ________________.
    Solution
    VSAT stands for very small aperture terminals. Very small in VSAT refers to the size of the antenna on VSAT dish. The earth station is designed to transmit and receive data signals via a satellite signals. The satellite sky transponder then forwards the data transmission to the end user's VSAT antenna and finally to the end user's device.
  • Question 6
    1 / -0
    Increase in profits caused by anew system. Select the best fit for this answer ___________________.
    Solution

    Increase in profits caused by anew system. Cost/benefit analysis is the best fit for this answer

    Cost-benefit analysis (CBA) is a technique used to compare the total costs of a programme/project with its benefits, using a common metric (most commonly monetary units). This enables the calculation of the net cost or benefit associated with the programme. As a technique, it is used most often at the start of a programme or project when different options or courses of action are being appraised and compared, as an option for choosing the best approach. It can also be used, however, to evaluate the overall impact of a programme in quantifiable and monetised terms.

    As a technique, it is used most often at the start of a programme or project when different options or courses of action are being appraised and compared, as an option for choosing the best approach. It can also be used, however, to evaluate the overall impact of a programme in quantifiable and monetised terms.

    CBA adds up the total costs of a programme or activity and compares it against its total benefits. The technique assumes that a monetary value can be placed on all the costs and benefits of a programme, including tangible and intangible returns to other people and organisations in addition to those immediately impacted. As such, a major advantage of cost-benefit analysis lies in forcing people to explicitly and systematically consider the various factors which should influence strategic choice.

  • Question 7
    1 / -0
    The abbreviation 'ISDN' Stands for _____________.
    Solution
    ISDN stands for Integrated Systems Digital Network. ISDN is a set of communication standards for simultaneous digital transmission of voice, video, data and other network services. ISDN can connect both voice data and digital data on the same network link.
  • Question 8
    1 / -0
    Essential requirement(s) of e-commerce transactions is/are ________.
    Solution
    E-commerce stands for electronic commerce where the information or trade between two parties are done through electronic transmission of data which includes text, images etc. 
    The biggest disadvantage of e-commerce is lack of confidentiality of the information shared between different business units. Therefore, the essential requirements of e-commerce are confidentiality, integrity and encryption of private information. 
  • Question 9
    1 / -0
    _________ is the process by which physical certificates of an investor are converted to an equivalent number of securities in electronic format and credited in the investor's account with a Depository held through a Depository Participant (DP).
  • Question 10
    1 / -0
    __________ refers to all forms of business transactions which are carried out through electronic processing and transmission of data including text, sound and visual images.
    Solution
    E-commerce stands for electronic commerce where the information or trade between two parties are done through electronic transmission of data that includes text, sound and visual images. It makes use of various electronic platforms such as intranets, extranets and  the internet to conduct a company's business.
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