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Explain the following term/concept. E-business

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प्रश्न

Explain the following term/concept.

E-business

Briefly explain the following:

e-business

What is the meaning of e-business?

What is meant by e-business?

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उत्तर १

  1. E-business is the conduct of business on the Internet. It involves not only buying and selling but also servicing customers and collaborating with business partners.
  2. E-business encompasses the use of technologies, processes, and management practices that enhance organisational competitiveness through the strategic use of electronic information.
  3. It goes beyond e-commerce by integrating e-commerce tightly with business operations to improve performance, create value, and enable new relationships between business firms and customers.
  4. E-commerce enables business firms to reach customers worldwide who have access to the Internet. Therefore, the whole world has become a potential market for business enterprises.
  5. A website is open 24 hours. It can take orders, keep an eye on delivery of goods, and receive payments at any time. A business firm can provide desired information about its products and services to customers. It can also display three-dimensional images of its products on the Internet.
  6. For the customers, the whole world becomes a shop. They can look at and evaluate the same product on different websites and make the best choice. There are no limitations on inventory and space.
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उत्तर २

Electric business, or e-business, is just doing business over the Internet. E-business is any kind of business deal where buyers and sellers interact with each other over the internet or a telecommunication network.

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Notes

Students should refer to the answer according to the question and preferred marks.

  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Emerging Modes of Business - Exercise [पृष्ठ ११०]

APPEARS IN

बालभारती Organisation of Commerce and Management (OCM) [English] Standard 12 Maharashtra State Board
अध्याय 5 Emerging Modes of Business
Exercise | Q 2. 1) | पृष्ठ ११०
सी. बी. गुप्ता Business Studies [English] Class 12 ISC
अध्याय 20 E-Business
EXERCISES | Q II. 1. | पृष्ठ २८६
सी. बी. गुप्ता Business Studies [English] Class 12 ISC
अध्याय 20 E-Business
EXERCISES | Q III. 6. (i) | पृष्ठ २८६

वीडियो ट्यूटोरियलVIEW ALL [2]

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.


Disadvantages of e‐business.


State with reasons, whether the following statement is True or False:

e‐business means using the internet to connect people and processes.


Write short notes .

Advantages 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 ________.


State with reasons whether the following statement true or false.
It is easy to set up e-business as compared to traditional 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?


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


Answer the following.
What are the advantages and disadvantages of e-business?


Answer briefly the following questions:

With reference to post office services, write the expanded forms of:
(a) RMS
(b)TMO


Briefly explain four advantages of the following: Telefax


Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.


Describe briefly any two applications of e-business.


Describe briefly the data storage and transmission risks in e-business


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.


Elaborate the steps involved in on-line trading.


Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer


The term e-business came into existence in the year __________.


Correct the underlined word and rewrite the following sentence.

E-business is hard to start.


Study the following case/situation and express your opinion.

Satvik purchases a watch from Titan shop and his friend Shambhavi purchases a watch from online shopping sites.

i. Which shopping is from a traditional business?

ii. Which shopping is from e-business?

iii. Which business involved high risk?


Distinguish between.

E-business and E-commerce


Justify the following statement.

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


E-commerce is a branch of ___________.


Study the following case/situation and express your opinion.

Ram purchases a watch from Titan shop and his friend sham purchases a watch from an online shopping site.
  1. Which shopping is from a traditional business?
  2. Which shopping is from e-business?
  3. Which business involved high risk?

State any four points highlighting the importance of e-business to the buyers.


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