Maharashtra State BoardHSC Commerce 12th Board Exam
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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence: in E-business Payments Have to Be Made ________. - Organisation of Commerce and Management

MCQ

Select the proper option from the options given below and rewrite the completed sentence:
In e-business payments have to be made ________.

Options

  • in cash

  • on credit

  • online

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Solution

In e-business, payments have to be made online.
Explanation:
Electronic business or e-business refers to the trading of goods and services through computer systems and online networks. In this type of business, there is no exchange of cash across the counter, as payment is made online through the web with the help of payment gateways.

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APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 3 Emerging Modes of Business
Select the proper option | Q 1 | Page 96
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