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Chapter 3: Emerging Modes of Business
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Select the proper option [Pages 96 - 97]
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 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 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 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 from the options given below and rewrite the completed sentence:
For online transaction, ________ is required.
trading
registration
business
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 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 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 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 from the options given below and rewrite the completed sentence:
Wedding planning is an example of ________.
corporate organisation
outsourcing
buying and selling of goods
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Match the pairs [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 |
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Write the word or phrase [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 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 or term which can substitute the following:
Name the electronic facility of transferring funds through the internet.
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 or term which can substitute the following:
Name the service provider which is used for payments through web.
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.
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Distinguish between [Page 97]
Distinguish between traditional business and e-business.
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Write short notes on the following [Page 97]
Write short note on the following:
E-business
Write short note on the following:
Business to Consumer (B to C)
Write short note on the following:
Online transactions
Write short note on the following:
Payment Mechanism
Write short note on the following:
Secure Socket Layer (SSL)
Write short note on the following:
Outsourcing
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business True or false [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
State with reasons whether the following statement true of false.
Credit cards are used for cash payments.
True
False
State with reasons whether the following statement true of false.
In online transactions, account and shopping cart are password protected.
True
False
State with reasons whether the following statement true or false.
It is easy to set up e-business as compared to traditional business.
True
False
State with reasons whether the following statement true of false.
E-business allows you to work across the globe in any field.
True
False
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Write short answers for the following question [Pages 97 - 98]
Write short answers for the following question:
What is e-business?
Write short answers for the following question:
What are the advantages of e-business?
Write short answers for the following question:
What is a payment gateway?
Write short answers for the following question:
What is net-banking transfer?
Write short answers for the following question:
What is outsourcing? Illustrate with one example.
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board Chapter 3 Emerging Modes of Business Answer the following [Page 98]
Answer the following.
What is e-business? How did the concept originate?
Answer the following.
Explain in brief the steps involved in online transactions.
Answer the following.
What are the resources required for successful e-business implementation
Answer the following.
Why should business transactions be secured?
Answer the following.
What are the advantages and disadvantages of outsourcing?
Answer the following.
What are the advantages and disadvantages of e-business?
Chapter 3: Emerging Modes of Business

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board chapter 3 - Emerging Modes of Business
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Concepts covered in Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board 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.
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