English

Explain the following term/concept. E-business - Organisation of Commerce and Management

Advertisements
Advertisements

Questions

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?

Explain
Very Long Answer
Very Short Answer
Advertisements

Solution 1

  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.
shaalaa.com

Solution 2

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.

shaalaa.com

Notes

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

  Is there an error in this question or solution?
Chapter 5: Emerging Modes of Business - Exercise [Page 110]

Video TutorialsVIEW ALL [2]

RELATED QUESTIONS

Write short note on the following:

Advantages of e-business.


Write short note on e-business


Write short notes .

Advantages of e - business


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?


With reference to the Post Office, expand the following:

 VPP


Briefly explain four advantages of the following: Telefax


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


Describe briefly any two applications of e-business.


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' is derived from the term ___________ and e-commerce.


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 allows you to work across the globe in any field.


E-business is an abbreviation for ____________.


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


E-business is ___________ of e-commerce.


Justify the following statement.

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


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.


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?

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


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×