Business Studies

Emerging Modes of Business

Question:

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

Answer:

The origin of e-commerce dates back to electronic media like telephone, fax, compact disc, cable and personal computer etc. These electronic media had several limitations like speed, accuracy, secrecy, geographical distance, authenticity etc. Business transactions were carried out using electronic devices. Let us look at the history chronologically.

  1. In 1984, EDI or Electronic data interchange was standardized through ASC X12. It guaranteed that companies will be able to complete transactions with each other reliably.
  2. In 1992, ˜Compursive' offered online retail products to its customers.
  3.  In 1994, Netscape arrived which provided a simple browser to surf the internet and launched a safe online transaction technology called Secure Socket Layer (SSL).
  4. In 1995 two of the biggest names in e-commerce were launched namely, amazon.com and e-bay.com.
  5. In 1998, Digital Subscribed Line was launched.
  6. In 1999, retail spending over the internet reached $820 billion dollar as per business.com.
  7.  In 2000, the USA government extended moratorium on internet taxes till 2005.
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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.