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Emerging Modes of Business Test - 9

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Emerging Modes of Business Test - 9
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Weekly Quiz Competition
  • Question 1
    1 / -0
    According to the elements of computer system, which can be compared to the eye?
    Solution
    According to the elements of the computer system, the communication which we do with the computer in the way of input,process and output can be compared to the eye as it stores all the information and keep it as the memory. 
  • Question 2
    1 / -0
    E-commerce does not include __________.
    Solution
    E-commerce is nothing but the online buying and selling of goods and services. It facilitates a business to interact with its suppliers, customers and the geographically dispersed units of the business through internet. It facilitates communication between people belonging to different places.
  • Question 3
    1 / -0
    Outsourcing is used by an organization for the interest of _______.
    Solution
    Companies outsource primarily to reduce/cut costs. Nowadays, it is not only about cutting costs but also about reaping the benefits of strategic outsourcing viz accessing global skilled expertise, flexible staffing and increasing efficiency, reducing turnaround time, and eventually generating more revenue.
    Thus it can be said that outsourcing is used by an organisation for lowering the costs of its firm and making the efficient use of its factors of production and also conserving its energy for the competencies of a particular business.
  • Question 4
    1 / -0
    A website that is designed not to sell the company's products directly rather to build customer goodwill is known as a _______ website.
    Solution
    In customer service website, much attention is given to customer service to build customer goodwill without emphasizing on selling products. Here, customer satisfaction is much important to the business enterprise.
  • Question 5
    1 / -0
    The most recent wave of globalization has emphasized the outsourcing of ________.
    Solution
    The recent wave of globalization has emphasized on the outsourcing of the services by better service providers and white collar jobs in the foreign market.
    It is also characterized by significant international capital movements. It started the concept of information age.
  • Question 6
    1 / -0
    Website that engages consumers in interactions that takes them closer to a direct purchase is known as a _______ website.
    Solution
    In marketing website, consumers interacts with each other through website and these interactions help them in making a direct purchase without delaying a lot while making any transaction. For example, if an individual visits www.sony.co.in, he/she can search through various product categories and know about the reviews, participate in promotional campaigns, etc. that leads to a purchase of the product.
  • Question 7
    1 / -0
    __________________ is the term that involves the use of electronic platforms such as intranets, extranets and internet to conduct a company's business.
    Solution
    E-commerce or electronic commerce refers to the buying and selling of goods and services over an electronic platform such as intra-nets, extra nets and Internet to conduct a company's business.
  • Question 8
    1 / -0
    Invariably the benefits of BPO are ________.
    Solution
    Business process outsourcing refers to the transfer of business processes to an external service provider so that organisation can focus on its core business without wasting its lot of time on non-core business activities and also BPO is cost effective.
  • Question 9
    1 / -0
    While preparing a website, designers should take care that the site enables user-to-user communication. This design feature is known as ______.
    Solution
    The context in website designing, take care that the website so designed must have the feature that enables the communication between the users of the website. This promotes the exchange of thoughts, views, and ideas which is a designing feature of the website. 
    Hence, option (A) is the correct answer.
  • Question 10
    1 / -0
    The advantage that is not available with BPO is ________.
    Solution
    Business process outsourcing involves the transfer of business processes to an external service provider so that an organization can mainly focus on the core activities of its business without wasting its time in other business activities.
    Hence, option (D) is the correct answer.
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