Maharashtra State BoardHSC Commerce 12th Board Exam
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State with Reasons Whether the Following Statements Are True of False. the Term “E-business” is Derived from the Terms “E-mail” and “E-commerce”. - Organisation of Commerce and Management

MCQ
True or False

State with reasons whether the following statement true of false.
The term “e-business” is derived from the terms “e-mail” and “e-commerce”.

Options

  • True 

  • False 

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Solution

The term “e-business” is derived from the terms “e-mail” and “e-commerce” : True
Explanation:
The above statement is correct. The term “e-business” is derived from the terms “e-mail” and “e-commerce”. It refers to the use of the internet to not only conduct online transactions and emails but also to carry out other business functions such as production and inventory management, product development and accounting, which are conducted electronically.

Concept: Payment Mechanism
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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
True or false | Q 1 | Page 97
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