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Study the following case/situation and express your opinion. Mr. Ved made his payment by cheque at the same time Mr. Shlok made his payment by fund transfer. - Organisation of Commerce and Management

One Line Answer

Study the following case/situation and express your opinion.

Mr. Ved made his payment by cheque at the same time Mr. Shlok made his payment by fund transfer.

i. Whose payment is faster?

ii. Whose payment is related to traditional business?

iii. Whose payment is related to e-business?

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Solution

  1. The payment made by Mr. Shlok by fund transfer is faster than the payment made by Mr. Ved through cheque.
  2. The payment made by Mr. Ved by cheque is related to traditional business.
  3. The payment made by Mr. Shlok by fund transfer is related to e-business.
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APPEARS IN

Balbharati Organisation of Commerce and Management (OCM) 12th Standard HSC Maharashtra State Board
Chapter 5 Emerging Modes of Business
Exercise Q.3 | Q 3 | Page 111
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