Emerging Modes of Business Test

Result

Emerging Modes of Business Test - 3

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Weekly Quiz Competition

Question 1
1 / -0

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

A
B2B Commerce

B
Consumers forum and pressure group

C
Insurance

D
Banking

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 2
1 / -0

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

A
Intra-B Commerce

B
B2C Commerce

C
C2B Commerce

D
C2C 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 3
1 / -0

It is not an application of e-business

A
Online bidding

B
Contract R&D

C
Online trading

D
Online procurement

Solution

Contract R&D is an outsourcing activity not cover under e-business
Question 4
1 / -0

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

A
E-Delivery

B
E-Trading

C
E-Auction

D
E-Procurement

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 5
1 / -0

India is the preferred destination for BPO because of ____________.

A
Cheap Manpower

B
Poor conditions

C
Tax Free Zone for BPOs

D
Cheap People

Solution

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.
Question 6
1 / -0

Both buyers and sellers are customers under_______ type of E-Business transaction

A
B2C Commerce

B
C2C Commerce

C
B2B Commerce

D
C2B Commerce

Solution

C2C Commerce, (Customer-to-Customer) or (Consumer-to-Consumer) - is a business model that facilitates the transaction of products or services between customers.
Question 7
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 8
1 / -0

Out of E-commerce and E-business, which is a broader term?

A
E-commerce

B
E-business

C
Both E-business and E-commerce are the same things

D
Somtimes E-commerce and Sometimes E-business

Solution

E-business is the conduct of business processes on the internet. where as E-commerce is a subset of Ebusiness.
Question 9
1 / -0

B2C variant of e-commerce enables a business to be in touch with its_______.

A
Employees

B
Managers

C
Customers

D
Creditors

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. The business-to-consumer as a business model differs significantly from the business-to-business model, which refers to commerce between two or more businesses.
Question 10
1 / -0

Which of the following is not correct?

A
Traditional business is difficult to form

B
E-Business can be formed easily.

C
Lows personal touch is a limitation of E-Business

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.

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Re-Attempt Weekly Quiz Competition

Emerging Modes of Business Test - 3

Result

Emerging Modes of Business Test - 3

Score

-

Rank

-

SHARING IS CARING

Question 1

B2B Commerce

Consumers forum and pressure group

Insurance

Banking

Solution

Question 2

Intra-B Commerce

B2C Commerce

C2B Commerce

C2C Commerce

Solution

Question 3

Online bidding

Contract R&D

Online trading

Online procurement

Solution

Question 4

E-Delivery

E-Trading

E-Auction

E-Procurement

Solution

Question 5

Cheap Manpower

Poor conditions

Tax Free Zone for BPOs

Cheap People

Solution

Question 6

B2C Commerce

C2C Commerce

B2B Commerce

C2B Commerce

Solution

Question 7

Low personal touch

Ethical fallouts

Risk

All of these

Solution

Question 8

E-commerce

E-business

Both E-business and E-commerce are the same things

Somtimes E-commerce and Sometimes E-business

Solution

Question 9

Employees

Managers

Customers

Creditors

Solution

Question 10

Traditional business is difficult to form

E-Business can be formed easily.

Lows personal touch is a limitation of E-Business

None of these

Solution

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