Question:
Discuss the salient aspects of B2C commerce.
Answer:
In this, both the parties involved are business firms and therefore, it has been named as B2B i.e., business to business. Historically, the term e-commerce originally meant for facilitation of B2B transactions using Electronic Data Interchange (EDI) technology to send and receive commercial documents like purchase orders and invoices. Salient aspects of B2B Commerce:
- Need: Creation of utility requires a business to contact with a number of other businesses which
- May be suppliers
- May act as channel of distribution.
- Different middlemen in different locations;
- Changing production as per specifications of the customer.
- Benefits:
- It strengthens and improves the distribution system of a firm. For example, each consignment of goods from a warehouse and the stock in hand can be monitored and replenishments and reinforcements can be set in motion as and when needed.
- A customer's specifications can be routed through the dealers to the factory so that there may be customized production.
- B2B E-commerce expedites the movement of information and documents.
- It also expedites money transfers.
- Example: The manufacture of an automobile requires assembly of a large number of components which in turn are being manufactured elsewhere. To reduce dependence on a single vendor, the automobile factory cultivates more than one vendor for each of the components. A network of computers is used for placement of orders, controlling production and delivery of components and making payments.
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.