Chapter 3 - Emerging Modes Of Business Organisation Of Commerce Management Solutions for Class 12 Commerce Business studies

Chapter 3 - Emerging Modes Of Business

Organisation Of Commerce Management Solutions for Class 12 Commerce Business studies

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OBJECTIVE QUESTIONS

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Distinguish between traditional business and e-business.

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Write short notes on the following:

E-business

Business to Consumer (B to C)

Online transactions

Payment Mechanism

Secure Socket Layer (SSL)

Outsourcing

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State with reasons whether the following statements are true of false.

The term “e-business” is derived from the terms “e-mail” and “e-commerce”.

Credit cards are used for cash payments.

In online transactions, account and shopping cart are password protected.

It is easy to set up e-business as compared to traditional business.

E-business allows you to work across the globe in any field.

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Write short answers for the following questions:

What is e-business?

What are the advantages of e-business?

What is a payment gateway?

What is net-banking transfer?

What is outsourcing? Illustrate with one example.

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Answer the following:

What is e-business? How did the concept originate?

Explain in brief the steps involved in online transactions.

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

Why should business transactions be secured?

What are the advantages and disadvantages of outsourcing?

What are the advantages and disadvantages of e-business?