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Emerging Modes of Business Test - 7

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Emerging Modes of Business Test - 7
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  • Question 1
    1 / -0
    Sales department of an enterprise sending mail to production department for production planning is an example of ___________ commerce.
    Solution
    The Intra-B commerce transaction makes it possible for firms to improve their speed and efficiency. For example, if the sales department wants to communicate with the production department, they can immediately do so by using Intra B-commerce.
  • Question 2
    1 / -0
    A company conducting an online survey is an example of ___________.
    Solution
    The transactions taking place between a business unit and its customers are known as B2C transactions. B2C enables the businessperson to remain in touch with his customers on a round-the-clock basis. Example:- Online survey, Promotion, etc.
  • Question 3
    1 / -0
    Formation of consumer's forum and pressure groups are examples of ____________.
    Solution

    The transactions taking place between customers are known as C2C. In this set-up, the seller is a customer and the buyer is also a customer. In C2C, various consumer forums are formed. Through C2C, an aggrieved or cheated customer can warn other customers regarding the issues of the product. It may involve:-

    1. Selling used books, clothes, etc.
    2. Selling antique items
    3. Warning customers about fraudulent suppliers 
    4. Information about the quality and durability of product etc.

  • Question 4
    1 / -0
    Communication with the help of internet within the office is an example of __________ commerce.
    Solution
    Intra-B communication improves coordination, faster decision-making, and efficient workflow. Intra B commerce helps the firms to interact with their employees within different departments.
  • Question 5
    1 / -0
    Which of the following is /are included in e-business?
    Solution
    E-business is a wide term. It includes e-commerce. It involves production, sale, distribution, inter-firm, and intra-firm business transactions. It also includes various business processes like management, operations, accounting, etc.
  • Question 6
    1 / -0
    Which of the following is not true about e-business?
    Solution
    With the help of e-business, buying and selling of products and services can be done conveniently sitting at home. Millions of people exchange information in the world through e-commerce. So there is no interpersonal touch present between the parties of e-commerce.
  • Question 7
    1 / -0
    Personal inspection of goods is possible in ___________.
    Solution
    Personal inspection of goods is possible only in traditional business. Here, the buyer inspects the quality of the items before making a purchase. In most cases, it is possible in the retail trade.
  • Question 8
    1 / -0
    A firm's interaction with suppliers is an example of _________-.
    Solution

    The transactions that take place between business units are known as B2B transactions. These transactions may involve:-

    1. Creation of utilities 
    2. Collaborations
    3. Commercial negotiations
    4. Inviting tenders 
    5. Distribution of goods from manufacturer to various distributors etc.

  • Question 9
    1 / -0
    Ease of going global is possible in ______________.
    Solution
    E-business refers to carrying on business activities through the internet. Business activities comprise industry, commerce, and trade. So, e-commerce means the conduct of industry, trade, and commerce activities over the internet.
  • Question 10
    1 / -0
    Placing order for raw material by a business unit is an example of _________.
    Solution

    Transactions taking place between business units are known as B2B transactions. These transactions may involve:-

    1. Creation of utilities 
    2. Collaborations
    3. Commercial negotiations
    4. Inviting tenders 
    5. Distribution of goods from manufacturer to various distributors etc.

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