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प्रश्न
Elaborate the steps involved in on-line trading.
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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.
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संबंधित प्रश्न
Write short note on e-business
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
Write short answers for the following question:
What is e-business?
What are the resources required for successful e-business implementation?
Answer the following question:
What is a Dictaphone?
Answer the following question:
How does a business reply card help a business concern?
Choose the correct option for the following:
It is not an application of 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.
Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer
Match the pairs:
|
Group ‘A’ |
Group ‘B’ |
|
A) E-business |
1) Consumer to consumer |
|
B) B2C |
2) Exist everywhere |
|
C) Outsourcing |
3) First step |
|
D) Digital cash |
4) Business to Consumer |
|
E) Registration |
5) Electronic business |
|
6) BPO |
|
|
7) RTO |
|
|
8) Efficient business |
|
|
9) Exist only in cyberspace |
|
|
10) Last step |
E-business means using the ___________ to connect people and process.
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 |
Answer in one sentence.
What is E-business?
Correct the underlined word and rewrite the following sentence.
E-business is hard to start.
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. |
- Which shopping is from a traditional business?
- Which shopping is from e-business?
- Which business involved high risk?
The term e-business came into existence in the year 1998.
