Tag: recent trends of business

Quizzes (6) Questions (88)

Questions Related to recent trends of business

Multiple choice commerce emerging service business in india franchising outsourcing and franchising recent trends of business employment opportunities in commerce

The individual or firm which grants right is called_________.

  1. Franchisee

  2. Franchiser

  3. Consignor

  4. Consignee
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A franchisor is a person or company that grants the license to a third party for the conducting of a business under the franchisor's marks. The franchisor owns the overall rights and trademarks of the company and allows its franchisees to use these rights and trademarks to do business.

Multiple choice commerce emerging service business in india franchising outsourcing and franchising recent trends of business employment opportunities in commerce

Presently Industrial Licensing is not applicable for ___________.

  1. Ship Building

  2. Hazardous Chemicals

  3. Cigarettes

  4. Electronic Aerospace and Defence Equipment
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It normally takes place in a specialized facility known as a shipyard. Ship builders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.

Multiple choice commerce emerging service business in india franchising outsourcing and franchising recent trends of business employment opportunities in commerce

The franchiser can expand his distribution system in the least possible time.

  1. True

  2. False

  3. Partly true

  4. None of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchiser licenses its know-how, procedures, intellectual property, use of its business model, brand; and rights to sell its branded products and services to a franchisee.

Multiple choice commerce emerging service business in india franchising outsourcing and franchising recent trends of business employment opportunities in commerce

Franchising enables the franchiser to increase his ____________ by expanding his network.

  1. Goodwill

  2. Reputation

  3. Both (a) and (b)

  4. Neither (a) nor (b)
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

 franchising the business, the franchisor places the expansion of his/her business in the hands of people who are motivated to make it work.

Multiple choice organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

To have an account with the online vendor the process is known as ____________.

  1. registration

  2. payment selection

  3. placing an order

  4. neither of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The very first step in online transaction is registration. A person is required to register himself and his basic information with the vendor so that authentication of a person can be done and transactions can be carried out without any hassle in future.

Multiple choice organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

The selection of the items that are to be put on the cart for purchase is known as __________.

  1. registration

  2. placing an order

  3. payment options

  4. neither of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

While surfing the website or application, customer selects the goods which he wants to purchase, and these selected items go to cart from where an order can be placed with the supplier. This process is known as placing an order while purchasing with the help of Internet.

Multiple choice organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

M-commerce deals with conducting the trancstions with the help of ________.

  1. telephone

  2. pager

  3. calculator

  4. moblie
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

M-commerce means mobile commerce i.e. commercial activities that takes place electronically by mobile phones. M-commerce enables users to access internet without finding a place to plug in. These transactions include purchasing stocks, remitting money, this service is often referred as mobile banking.

Multiple choice organization of commerce and management recent trends of business e-commerce and mobile commerce introduction to internet and e-commerce emerging modes of services

The very first step in online transaction is ___________.

  1. placing an order

  2. registration

  3. selection of payment method

  4. input of payment details
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The very first step in online transaction is registration. A person is required to register himself and his basic information with the vendor so that authentication of a person can be done and transactions can be carried out without any hassle in future.

Multiple choice organization of commerce and management emerging modes of services e-commerce and mobile commerce recent trends of business introduction to internet and e-commerce

The acronym of vital information under siege is __________.

  1. Malware

  2. IP Address

  3. VIRUS

  4. GPS
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

VIRUS refers to vital information under siege. A computer virus is a malicious software that is loaded onto a users software without the user's knowledge and performs malicious functions. But not all viruses are destructive though.

Multiple choice organization of commerce and management emerging modes of services e-commerce and mobile commerce recent trends of business introduction to internet and e-commerce

Once the information is available over the internet, it moves out of the private domain and it is difficult to protect it from being copied.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Whenever we post any information over internet, it moves out of our private domain and becomes a part of public domain that can be used by anyone and it become difficult for us to protect it from being copied. When it reaches the public domain, an individual does not have any control over it.