Tag: definition, scope and benefits of e-business

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Questions Related to definition, scope and benefits of e-business

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

By Electronic Commerce, we mean _________________.

  1. Commerce of electronic goods

  2. Commerce which depends on electronics

  3. Commerce which is based on the use of internet

  4. Commerce which is based on transactions using computers connected by telecommunication network
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Electronic commerce refers to pursuing commerce activities i.e. buying and selling of goods over an electronic network typically,  internet. Here transactions are carried out using files, data having visual effects, sounds, animation etc.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

'Internet' and'World Wide Web' two terms are synonymous.

  1. True

  2. False

  3. Partly false

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

It is false. World wide web and Internet are not the same things but are related to each other. The world wide web is one set of software services running on the internet. Internet itself is a global interconnected network of various computing devices.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

Difference between attendance time and job time is _________.

  1. job time

  2. over time

  3. actual time

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

Idle time is defined as the difference between the time a worker is available for work (attendance time) and the time they are actually engaged in productive work (job time).

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

Which of the following computers are highly adaptable to business use?

  1. Analog computers

  2. Digital computers

  3. Both (A) and (B)

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

For business purposes, digital computers are highly adaptable compared to analog computers. Analog computers have very wide range of complexities while digital computers are easy to use.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

Which of the following is an advantage of e-business?

  1. Dearer marketing, less control

  2. Higher Restrictive Hours

  3. Conversations happen at a slow pace

  4. No longer do people have to wait for stores to open
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Outsourcing is a form of business where a company sets contract with an outside company for the completion of a task through electronic process in exchange of a certain amount of payment for the company. The biggest advantage of such a business is that it is open 24x7 and the customer do not have to wait for any other thing. 

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

What is ASBA in e-invest?

  1. All Scheduled Bank Association

  2. Application Supported by Blocked Amount

  3. All India State Bank Association

  4. All Saving Bank Account Holders
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

ASBA stands for Application Supported by Blocked Amount, a process developed by SEBI for applying to IPOs where the application money is blocked in the bank account rather than deducted immediately.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

A better name for a business computer is ___________.

  1. digital computer

  2. electronic computer

  3. high speed computer

  4. automatic high speed electronic business data processing digital computer
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Another name for business computer can be an automatic high speed electronic business data processing digital computer as the main purpose of business computer is to analyse the business related information.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

Data are placed in a unit called _______.

  1. memory

  2. the input unit

  3. output

  4. the output unit
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

An input unit is a piece of computer hardware equipment used to provide data and control signals to an information processing system. Data are stored in these units for the efficient working of business organisations and decision making can be done without any hassle.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

The business computer is capable of storing ______.

  1. business data

  2. the set of instruction

  3. both (A) and (B)

  4. none of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The business computer helps in sorting the appropriate data and the instructions so that these can be used effectively for the purpose of business decision making. Business computers also helps in making spreadsheets, graphic presentations, maintaining databases for the benefits of business.

Multiple choice organization of commerce and management emerging trends in business definition, scope and benefits of e-business emerging service business in india emerging modes of services

According to the elements of computer system, which can be compared to the eye?

  1. Communication

  2. Storage

  3. Decision making

  4. Report Preparation
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

According to the elements of the computer system, the communication which we do with the computer in the way of input,process and output can be compared to the eye as it stores all the information and keep it as the memory.