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?
Advertisements
Solution 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.
- E-business encompasses the use of technologies, processes, and management practices that enhance organisational competitiveness through the strategic use of electronic information.
- 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.
- 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.
- 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.
- 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.
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.
Notes
Students should refer to the answer according to the question and preferred marks.
APPEARS IN
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 Disadvantage of e – business.
Write short note on e-business
Distinguish between Traditional business and E-business.
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
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?
Briefly explain four advantages of the following: Telefax
Choose the correct option for the following:
e-commerce does not include
State any three differences between e-business and traditional 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.
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 allows you to work across the globe in any field.
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.
E-business allows users to work across the globe in any field.
