Emerging Modes of Business Test - 2

It means - Business-to-business buying and selling. Gathering and using demographic data through web contacts and social media. 

It is business transactions which occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business.

The term outsourcing often refers to offshore outsourcing, or the practice of exporting work outside of the United States to companies in less-developed countries, where there tend to be lower labor costs. 

Credit cards – The easiest form of electronic money that is available and most widely used today.
Debit card – The second largest e-commerce payment medium in India Debit Cards and Netbanking. Very often, for customers who want to stay within their spending capacity, paying for things online using a debit card proves to be a preferred choice.  With the debit card, one can only pay for purchased goods with the money that already exists in the current or savings accounts as opposed to the credit card where the amounts that the buyer spends are accumulated and have to be paid for as a bill at the end of the billing period. 

A call centre is a central place where Customer Care Associates (CCA) handles queries of customers over the telephone. A Call Centre handles Both customer facing and back-end business.Customers can also make use of call centers set up by companies to make toll free calls to make queries and lodge complaints round the clock at no extra cost to them.

Contract R&D is an outsourcing activity not cover under e-business

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

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.

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.

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.

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