Business Studies

Emerging Modes of Business

Question:

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

Answer:

 In the present century, information is acting as power. If the relevant information of the business reaches into wrong hands, it may create a lot of loss for the company concerned. There is a risk of en route being stolen or modified by wrong people for their selfish motives. It is exposed to the risk of VIRUS and hacking. VIRUS stands for Vital Information Under Seize. Installing and timely updating anti virus programmes and scanning the files and disks with them provides protection to the files, folders and systems from the attack of virus.
Another risk involved is interception of data in the course of transmission. To protect data against this, cryptography is used. Cryptography refers to the art of protecting information by transforming it into an unreadable format called ‘cyphertext'. Thereafter only those who have a secret key can decrypt the message into ˜plaintext'. It is like coding and decoding.

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Emerging Modes of Business

Q 1.

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

Q 2.

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

Q 3.

Explain various payment mechanisms under e-business.

Q 4.

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

Q 5.

Discuss the salient aspects of B2C commerce.

Q 6.

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

Q 7.

How does outsourcing represent a new mode of business?

Q 8.

Hackers lack certain values. Which are these?

Q 9.

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

Q 10.

Elaborate the steps involved in online trading.

Q 11.

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

Q 12.

Differentiate between e-commerce and e-business.

Q 13.

Evaluate the need for outsourcing and discuss its limitations.

Q 14.

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

Q 15.

What are the ethical concerns involved in outsourcing?

Q 16.

Describe briefly any two applications of E-business.

Q 17.

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

Q 18.

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

Q 19.

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

Q 20.

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.

Q 21.

Show the anatomy of outsourcing.

Q 22.

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

Q 23.

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

Q 24.

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

Q 25.

Differentiate between traditional business and e-business.