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Emerging Modes of Business Test - 1

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Emerging Modes of Business Test - 1
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Weekly Quiz Competition
  • Question 1
    1 / -0

    A firm's interactions with its employees, sometimes referred to as _______

    Solution

    Business-to-employee (B2E) electronic commerce uses an intrabusiness network which allows companies to provide products and/or services to their employees. Typically, companies use B2E networks to automate employee-related corporate processes.

     

  • Question 2
    1 / -0

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

    Solution

    An ''rebidding''is an electronic bidding event (without awarding commitment) according to defined negotiation rules (agreement). A buyer and two or more suppliers take part in this online event.

     

  • Question 3
    1 / -0

    Selling electronic goods through Flipkart or eBay.com is ___ type of e-business 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 4
    1 / -0

    Outsourcing

    Solution

    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.

     

  • Question 5
    1 / -0

    PayPal is a good example of ____________.

    Solution

    Customer to customer (C2C) markets provides an innovative way to allow customers to interact with each other.

     

  • Question 6
    1 / -0

    Money withdrawn through ATM is ___ type of e-business transaction.

    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 Money withdrawn through ATM is B2C type of e-business transaction.

     

  • Question 7
    1 / -0

    ____transactions have business firms at one end and its customers on the other end.

    Solution

    Business to consumer (B2C) is business or transactions conducted directly between a company and consumers who are the end-users of its products or services.

     

  • Question 8
    1 / -0

    Expand VPN

    Solution

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

     

  • Question 9
    1 / -0

    A Call Centre handles

    Solution

    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.

     

  • Question 10
    1 / -0

    e-commerce does not include

    Solution

    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.

     

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