Business Studies

Emerging Modes of Business

Question:

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

Answer:

Scope of e-business is very wide. It is summarized below:

  1. B2B Commerce: Business to Business—Both the parties are business firms, e.g. Manufacturer of an automobile requires assembly of a large number of components which are being manufactured by different firms; Maruti Udyog, Bajaj Auto etc. use B2B commerce.
  2. B2C Commerce: Business to Customer—Transaction taking place between business and individual customers. It facilitates promotion of products on line. e.g. music or film. Companies sell products and services on line to customer e.g. Amul.com sell Amul products online.
  3. Intra – B. Commerce: Parties involved are from within a given business firm. It makes it possible for the marketing department to interact constantly with the production department to get information about customer requirement.
  4. C2C Commerce: Consumer to consumer—Business originates from the consumer and the ultimate destination is also consumer. Its area of application is the formation of consumer forum, e.g. selling used books over the internet.
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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.