Advertisements
Advertisements
प्रश्न
Elaborate the steps involved in on-line trading.
Advertisements
उत्तर
Online trading enables its customers to trade from anywhere. The following are the various steps involved in online trading.
(a) Registration: To begin with, an indenting buyer needs to find an appropriate and reliable shopping website to buy the desired product or products. Once the buyer finds the website, he or she needs to register his or her name by opening a shopping account with the website. For doing so, the buyer is required to key in details such as his or her name, address, unique user name and secret password.
(b) Placing an order:After opening an account, the buyer can start browsing through the products listed, go through other customers’ reviews and compare products. The buyer may select various items according to his or her preferences and put them in a ‘cart’. The buyer can place an order and proceed towards the payment window.
(c)Payment mechanism:In this step, the buyer chooses a preferred mode of payment. The following are the different payment modes that are generally available to a trading website user.
(i) Cash on delivery (CoD): Here, payment is made in cash at the time of delivery of a product.
(ii) Cheque: The user makes payment through cheque, and when the cheque is realised, the goods selected are delivered by the seller.
(iii) Net banking: The user makes an electronic payment to the bank account of the online vendor through the Internet.
(iv) Credit or debit card: The user can also use a credit or debit card (also known as plastic money) to make an online payment. The payment so made is linked to the bank account of the user.
(v) Digital cash or e-cash: This type of currency has no physical existence. It is a system of purchasing cash in relatively small amounts and storing it in the computer system. The consumer can spend the cash when making electronic purchases over the Internet.
APPEARS IN
संबंधित प्रश्न
Write the word or phrase or term which can substitute the following:
The term derived from the terms e-mail and e-commerce.
Write short note on e-business
Disadvantages of e‐business.
Select the proper option from the options given below and rewrite the completed sentence:
In e-business payments have to be made ________.
Select the proper option from the options given below and rewrite the completed sentence:
The term “e-business” is derived from the terms ________ and e-commerce.
Select the proper option from the options given below and rewrite the completed sentence:
In bigger shops situated in shopping malls or branded stores, there is a ________ terminal
Distinguish between Traditional business and E-business.
Write short note on the following:
E-business
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
Write short answers for the following question:
What are the advantages of e-business?
State any two benefits of e-business to the buyers.
With reference to the Post Office, expand the following:
VPP
Choose the correct option for the following:
e-commerce does not include
Describe briefly any two applications of e-business.
The term 'e-business' is derived from the term ___________ and e-commerce.
Select the correct option and complete the table.
(Business to Business, First step, e-commerce, payment mechanism, e-business)
| Group A | GroupB | |
| A) | Registration | ____________ |
| B) | Superset of e-commerce | ____________ |
| C) | ____________ | Last step |
| D) | Subset of E-business | ____________ |
| E) | ____________ | B2B |
What are the types of e-business? Explain.
E-commerce is a branch of ___________.
