Choose the correct option for the following:It is not an application of e-business - Business Studies

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MCQ

Choose the correct option for the following:
It is not an application of e-business

Options

  • Online bidding

  • Online procurement

  • Online trading

  •  Contract R&D

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Solution

Contracting research and development is not an application of e-business. On the other hand, activities such as online bidding, online procurement and online trading are applications of e-business. Research and development activities are mainly conducted by industries on their own. These activities are very important and, therefore, cannot be contracted out as e-business.

Hence, the correct answer is  Contract R&D.

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