Emerging Modes of Business Test

Result

Emerging Modes of Business Test - 4

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Weekly Quiz Competition

Question 1
1 / -0

Expand VPN

A
Virtual Private Network

B
Virtual Popular Network

C
Virtual Personal Network

D
Virtual Public Network

Solution

A VPN, or Virtual Private Network, is a type of network connection that allows users to browse the web securely and anonymously.
Question 2
1 / -0

PayPal is a good example of ____________.

A
B2B Activities

B
C2C Activities

C
C2B Activities

D
B2C Activities

Solution

Customer to customer (C2C) markets provide an innovative way to allow customers to interact with each other.
Question 3
1 / -0

An important C2C area of interactive commerce can be the formation of _______.

A
Insurance

B
B2B Commerce

C
Banking

D
Consumers forum and pressure group

Solution

The business originates from the consumer and the ultimate destination is also consumers, thus the name C2C commerce. This type of commerce is best suited for dealing in goods for which there is no established market mechanism.
Question 4
1 / -0

Most shopping websites provide an option for Quote your price which is also known as _____.

A
Coupon code

B
Discount

C
E-Bidding

D
Prepaid Booking

Solution

An '''eBidding''' is an electronic bidding event (without awarding commitment) according to defined negotiation rules (eAgreement). A buyer and two or more suppliers take part in this online event.
Question 5
1 / -0

Online buying and selling shares and other financial intruments is known as ____

A
E-Procurement

B
E-Trading

C
E-Auction

D
E-Delivery

Solution

Electronic trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign exchange or financial derivatives electronically. Information technology is used to bring together buyers and sellers through anelectronic trading platform and network to create virtual market places.
Question 6
1 / -0

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

A
Low personal touch

B
Ethical fallouts

C
Risk

D
All of these

Solution

Limitations of e – business:-

1. Low personal touch

2. Ethical fallouts

3. Risk

4. Security
Question 7
1 / -0

Inventory and cash management of an organisation is ______ type of e-business transaction.

A
C2C Commerce

B
Intra-B Commerce

C
B2C Commerce

D
C2B Commerce

Solution

Intra-B Commerce 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 8
1 / -0

Selling electronic goods through Flipkart or eBay.com is ___ type of e-business transactions.

A
C2C Transactions

B
B2B Transactions

C
B2C Transactions.

D
C2B Transactions

Solution

C2C represents a market environment where one customer purchases goods from another customer using a third-party business or platform to help facilitate the deal. C2C businesses are a new type of model that has arisen with e-commerce technology and the sharing economy.
Question 9
1 / -0

Which of the following is not correct?

A
Traditional business is difficult to form

B
Low personal touch is a limitation of E-Business

C
E-Business can be formed easily.

D
None of these

Solution

Traditional business is a local store which offers its services or products to its local customers. It is a set-up where customers will have to visit the store physically to buy the products. Traditional business is easy to form comparatively.
Question 10
1 / -0

Money withdrawn through ATM is ___ type of e-business transaction.

A
B2C Commerce

B
C2C Commerce

C
B2B Commerce

D
C2B Commerce

Solution

Business to Customer (B2C), sometimes referred to as Business to Consumer, describes the activities of businesses in selling products and/or services. Money withdrawn through ATM is B2C type of e-business transaction.

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Re-Attempt Weekly Quiz Competition

Emerging Modes of Business Test - 4

Result

Emerging Modes of Business Test - 4

Score

-

Rank

-

SHARING IS CARING

Question 1

Virtual Private Network

Virtual Popular Network

Virtual Personal Network

Virtual Public Network

Solution

Question 2

B2B Activities

C2C Activities

C2B Activities

B2C Activities

Solution

Question 3

Insurance

B2B Commerce

Banking

Consumers forum and pressure group

Solution

Question 4

Coupon code

Discount

E-Bidding

Prepaid Booking

Solution

Question 5

E-Procurement

E-Trading

E-Auction

E-Delivery

Solution

Question 6

Low personal touch

Ethical fallouts

Risk

All of these

Solution

Question 7

C2C Commerce

Intra-B Commerce

B2C Commerce

C2B Commerce

Solution

Question 8

C2C Transactions

B2B Transactions

B2C Transactions.

C2B Transactions

Solution

Question 9

Traditional business is difficult to form

Low personal touch is a limitation of E-Business

E-Business can be formed easily.

None of these

Solution

Question 10

B2C Commerce

C2C Commerce

B2B Commerce

C2B Commerce

Solution

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