HSC Commerce 12th Board ExamMaharashtra State Board
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Micheal Vaz solutions for 12th Board Exam Organisation of Commerce and Management chapter 3 - Emerging Modes of Business

Micheal Vaz Class 12 Organisation of Commerce and Management

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Micheal Vaz Micheal Vaz Class 12 Organisation of Commerce and Management

Micheal Vaz Class 12 Organisation of Commerce and Management - Shaalaa.com

Chapter 3: Emerging Modes of Business

Select the proper optionMatch the pairsWrite the word or phraseDistinguish betweenWrite short notes on the followingTrue or falseWrite short answers for the following questionAnswer the following

Chapter 3: Emerging Modes of Business Exercise Select the proper option solutions [Pages 96 - 97]

Select the proper option | Q 1 | Page 96

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

  • in cash

  • on credit

  • online

Select the proper option | Q 2 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The term “e-business” is derived from the terms ________ and e-commerce.

  • e-mail

  • e-pay

  • cash

Select the proper option | Q 3 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The transactions under ________ are between business firms and consumers

  • C to C

  • B to C

  • B to B

Select the proper option | Q 4 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The process of contracting a business function to someone else is called as ________.

  • e-business

  • outsourcing

  • trading

Select the proper option | Q 5 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
For online transaction, ________ is required.

  • trading

  • registration

  • business

Select the proper option | Q 6 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The online shopper can pick and drop the things in the ________.

  • shopping mall

  • shopping cart

  • shopping bag

Select the proper option | Q 7 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
An electronic facility of transferring funds through the internet is _______ transfer

  • cash

  • net banking

  • credit

Select the proper option | Q 8 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
Credit or debit cards are popularly known as ________ money.

  • paper

  • plastic

  • polymer

Select the proper option | Q 9 | Page 97

Select the proper option from the options given below and rewrite the completed sentence:
In bigger shops situated in shopping malls or branded stores, there is a ________ terminal

  • SSL

  • POS

  • HTTP

Select the proper option | Q 10 | Page 97

Select the proper option from the options given below and rewrite the completed sentence:
Wedding planning is an example of ________.

  • corporate organisation

  • outsourcing

  • buying and selling of goods

Chapter 3: Emerging Modes of Business Exercise Match the pairs solutions [Page 97]

Match the pairs | Q 1 | Page 97

Match the pairs:

  Group A   Group B
a. e-business 1. cost reduction
b. B to C 2. Hyper Transfer Text Protocol
c. ATM 3. encryption
d. Payment geteway 4. electronic business
e. HTTP 5. point of sale
    6. Business to Consumer
    7. Business to Business
    8. authorizes payment made online
    9. outsourcing
    10. Automatic Teller Machine

Chapter 3: Emerging Modes of Business Exercise Write the word or phrase solutions [Page 97]

Write the word or phrase | Q 1 | Page 97

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

Write the word or phrase | Q 2 | Page 97

Write the word or phrase or term which can substitute the following:
Name the term which is used by even common man effectively while collecting the needed information quickly.

Write the word or phrase | Q 3 | Page 97

Write the word or phrase or term which can substitute the following:
Name the electronic facility of transferring funds through the internet.

Write the word or phrase | Q 4 | Page 97

Write the word or phrase or term which can substitute the following:
Name the form of electronic currency that exists only in cyberspace.

Write the word or phrase | Q 5 | Page 97

Write the word or phrase or term which can substitute the following:
Name the service provider which is used for payments through web.

Write the word or phrase | Q 6 | Page 97

Write the word or phrase or term which can substitute each the following:
Name the modern process of contracting a business function to someone else.

Chapter 3: Emerging Modes of Business Exercise Distinguish between solutions [Page 97]

Distinguish between | Q 1 | Page 97

Distinguish between traditional business and e-business.

Chapter 3: Emerging Modes of Business Exercise Write short notes on the following solutions [Page 97]

Write short notes on the following | Q 1 | Page 97

Write short note on the following:
E-business

Write short notes on the following | Q 2 | Page 97

Write short note on the following:
Business to Consumer (B to C)

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

Write short note on the following:
Online transactions

Write short notes on the following | Q 4 | Page 97

Write short note on the following:
Payment Mechanism

Write short notes on the following | Q 5 | Page 97

Write short note on the following:
Secure Socket Layer (SSL)

Write short notes on the following | Q 6 | Page 97

Write short note on the following:
Outsourcing

Chapter 3: Emerging Modes of Business Exercise True or false solutions [Page 97]

True or false | Q 1 | Page 97

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

  • True 

  • False 

True or false | Q 2 | Page 97

State with reasons whether the following statement true of false.
Credit cards are used for cash payments.

  • True 

  • False 

True or false | Q 3 | Page 97

State with reasons whether the following statement true of false.
In online transactions, account and shopping cart are password protected.

  • True 

  • False 

True or false | Q 4 | Page 97

State with reasons whether the following statement  true of false.
It is easy to set up e-business as compared to traditional business.

  • True 

  • False 

True or false | Q 5 | Page 97

State with reasons whether the following statement  true of false.
E-business allows you to work across the globe in any field.

  • True 

  • False 

Chapter 3: Emerging Modes of Business Exercise Write short answers for the following question solutions [Pages 97 - 98]

Write short answers for the following question | Q 1 | Page 97

Write short answers for the following question:
What is e-business?

Write short answers for the following question | Q 2 | Page 97

Write short answers for the following question:
What are the advantages of e-business?

Write short answers for the following question | Q 3 | Page 97

Write short answers for the following question:
What is a payment gateway?

Write short answers for the following question | Q 4 | Page 97

Write short answers for the following question:
What is net-banking transfer?

Write short answers for the following question | Q 5 | Page 98

Write short answers for the following question:
What is outsourcing? Illustrate with one example.

Chapter 3: Emerging Modes of Business Exercise Answer the following solutions [Page 98]

Answer the following | Q 1 | Page 98

Answer the following.
What is e-business? How did the concept originate?

Answer the following | Q 2 | Page 98

Answer the following.
Explain in brief the steps involved in online transactions.

Answer the following | Q 3 | Page 98

Answer the following.
What are the resources required for successful e-business implementation

Answer the following | Q 4 | Page 98

Answer the following.
Why should business transactions be secured?

Answer the following | Q 5 | Page 98

Answer the following.
What are the advantages and disadvantages of outsourcing?

Answer the following | Q 6 | Page 98

Answer the following.
What are the advantages and disadvantages of e-business?

Chapter 3: Emerging Modes of Business

Select the proper optionMatch the pairsWrite the word or phraseDistinguish betweenWrite short notes on the followingTrue or falseWrite short answers for the following questionAnswer the following

Micheal Vaz Micheal Vaz Class 12 Organisation of Commerce and Management

Micheal Vaz Class 12 Organisation of Commerce and Management - Shaalaa.com

Micheal Vaz solutions for 12th Board Exam Organisation of Commerce and Management chapter 3 - Emerging Modes of Business

Micheal Vaz solutions for 12th Board Exam OCM chapter 3 (Emerging Modes of Business) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board Micheal Vaz Class 12 Organisation of Commerce and Management solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. Micheal Vaz textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in 12th Board Exam Organisation of Commerce and Management chapter 3 Emerging Modes of Business are Concept of E-business, Resources Required for Successful E-business Implementation, Security and Safety of Business Transactions, Concept of Outsourcing, Need of Outsourcing, Scope of Outsourcing, Online Transaction, Payment Mechanism.

Using Micheal Vaz 12th Board Exam solutions Emerging Modes of Business exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in Micheal Vaz Solutions are important questions that can be asked in the final exam. Maximum students of Maharashtra State Board 12th Board Exam prefer Micheal Vaz Textbook Solutions to score more in exam.

Get the free view of chapter 3 Emerging Modes of Business 12th Board Exam extra questions for OCM and can use Shaalaa.com to keep it handy for your exam preparation

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