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Describe briefly any two applications of e-business. - Business Studies

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प्रश्न

Describe briefly any two applications of e-business.

दीर्घउत्तर
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उत्तर

The following are the two applications of e-business.

  1. E-procurement: It refers to the procurement of the supplies through online trading between sellers and buyers. It involves reverse auctions, facilitating trade between multiple sellers and a single purchaser, along with digital marketplaces that facilitate trade between multiple buyers and a single seller.
  2. E-delivery: As the name suggests, this includes electronic transfer of computer software, games or movies directly to the computer system of the customer. The payment for such services is usually made through the internet.
  3. E-trading: It involves buying and selling of shares, debentures, bonds and other securities online.
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Notes

Students should refer to the answer according to their question.

  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Emerging Modes of Business - Short Answer Questions [पृष्ठ १४०]

APPEARS IN

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


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


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