Maharashtra State BoardHSC Commerce 12th Board Exam
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Write Short Notes on the Following: Online Transactions - Organisation of Commerce and Management

Short Note

Write short note on the following:
Online transactions

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Solution

Online transactions enable customers to conduct trade from anywhere in the world and at anytime through the mode of internet. The following are the various steps involved in online trading:
Step 1: Find an appropriate and reliable shopping website and register with it so as to be able to conduct the trade activities.
Step 2: Browse through the various products available with the site, select the desired ones and place the final order.
Step 3: Proceed to the payment window and choose a suitable mode of payment out of the various options available such as cash on delivery, cheque, net banking, credit or debit cards and digital cash.

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
Write short notes on the following | Q 3 | Page 97
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