Maharashtra State BoardHSC Commerce 12th Board Exam
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Write the Word Or Phrase Or Term Which Can Substitute Each One of the Following: the Term Derived from the Terms Email and E-commerce - Organisation of Commerce and Management

One Word Answer

Write the word or phrase or term which can substitute  the following:
The term derived from the terms email and e-commerce.

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Solution

The term derived from the terms email and e-commerce : E-business
Explanation:
E-business is derived from the terms “e-mail” and “e-commerce”. It basically refers to the use of internet to carry out online transactions and mails. Alongside, it is also used to perform various other business functions such as production, inventory management, product development and accounting.

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 the word or phrase | Q 1 | Page 97
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