Choose the correct option for the following:The payment mechanism typical to e-business - Business Studies

Advertisements
Advertisements
MCQ

Choose the correct option for the following:
The payment mechanism typical to e-business

Options

  • cash on delivery (CoD)

  • cheques

  • credit and debit cards

  • e-cash

Advertisements

Solution

The payment mechanism that is typical to e-business is e-cash. The other payment mechanisms mentioned—CoD, cheques, and credit or debit cards—are used for transactions in traditional modes of business as well as in e-business. However, e-cash payment can be made only in the case of online transactions and cannot be used in traditional modes of business.

Hence, the correct answer is e-cash

  Is there an error in this question or solution?

Video TutorialsVIEW ALL [2]

RELATED QUESTIONS

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 the following:

Advantages of e-business.


State the working of a Payment Gateway.


Write short note on Disadvantage of e – business.


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.


State with reasons whether the following statements are True or False

e-business allows you lo work across the globe in any field.


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 ________.


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:

An electronic facility of transferring funds through the internet is _______ transfer.


Distinguish between.

Traditional business and E-business


Write short note on the following:
Business to Consumer (B to C)


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


Answer briefly the following questions:

State any two benefits of e-business to the buyers.


Answer the following question:

What is a Dictaphone?


With reference to the Post Office, expand the following:

 VPP


With reference to the Post Office, expand the following:

PIN


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


Answer the following question:

How does a business reply card help a business concern?


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


Choose the correct option for the following:
e-commerce does not include


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


State any three differences between e-business and traditional business.


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 salient aspects of B2C commerce.


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


The term e-business is derived from the term e-mail and e-commerce.


E-business is an abbreviation for ____________.


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


E-business means using the ___________ to connect people and process.


E-business is ___________ of 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

Answer in one sentence.

What is E-business?


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.

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


Justify the following statement.

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


What are the types of e-business? Explain.


E-commerce is a branch of ___________.


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


The term e-business came into existence in the year 1998.


The concept of e-business was coined in late 90s by ______.


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


Share
Notifications



      Forgot password?
Use app×