business studies - emerging modes of business

Class 11 - Business Studies

Emerging Modes of Business

MCQ
Q&A
Question:

Describe briefly any two applications of E-business.

Answer:

Two applications of E-business are discussed below:

  1. e-Procurement: It involves internet based sales transactions between business firms including both, "reverse auctions"that facilitate online trade between a single business purchaser and many sellers, and, digital market places that facilitate online trading between multiple byers.
  2. e-Delivery: It includes electronic delivery of computer software, photographs, videos, books (e-journals) and other multimedia content to the other's computer. It also includes rendering of legal, accounting, medical and other consulting services electronically. In fact, internet provides the firms with the opportunities for outsourcing of a host of Information Technology Enabled Services (ITES).


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Questions and Answers


Emerging Modes of Business - Questions
1.

State any three differences between E-business and traditional business.


Answer
2.

Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer.


Answer
3.

Differentiate between traditional business and e-business.


Answer
4.

Write a short note on the scope of e-business.


Answer
5.

Write a short note on the history of e-commerce.


Answer
6.

Differentiate between e-commerce and e-business.


Answer
7.

Explain the measures taken to protect the security and safety of e-transactions.


Answer
8.

What resources are required for successful implementation of e-business?


Answer
9.

Show the anatomy of outsourcing.


Answer
10.

What are the threats to e-transactions? Which measures have been devised for their protection?


Answer
11.

"E-commerce is the need of the hour."Comment.


Answer
12.

"E-commerce is giving way to paperless society and government is supporting it."  Substantiate.


Answer
13.

Which values are of utmost importance while we get involved in e-business?


Answer
14.

Hackers lack certain values. Which are these?


Answer
15.

Describe briefly the data storage and transmission risks in E-business.


Answer
16.

What is digital divide? How is it relevant in context of e-business?


Answer
17.

Explain various payment mechanisms under e-business.


Answer
18.

Discuss utility of E Commerce in:
(a) Health,
(b) Education,
(c) Governance,


Answer
19.

Describe briefly any two applications of E-business.


Answer
20.

Elaborate the steps involved in online trading.


Answer
21.

How does outsourcing represent a new mode of business?


Answer
22.

Discuss the salient aspects of B2C commerce.


Answer
23.

What are the ethical concerns involved in outsourcing?


Answer
24.

Evaluate the need for outsourcing and discuss its limitations.


Answer
25.

Why are E-business and outsourcing referred to as the emerging modes of business? Discuss the factors responsible for the growing importance of these trends.


Answer
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