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प्रश्न
Elaborate the steps involved in on-line trading.
उत्तर
Online trading enables its customers to trade from anywhere. The following are the various steps involved in online trading.
(a) Registration: To begin with, an indenting buyer needs to find an appropriate and reliable shopping website to buy the desired product or products. Once the buyer finds the website, he or she needs to register his or her name by opening a shopping account with the website. For doing so, the buyer is required to key in details such as his or her name, address, unique user name and secret password.
(b) Placing an order:After opening an account, the buyer can start browsing through the products listed, go through other customers’ reviews and compare products. The buyer may select various items according to his or her preferences and put them in a ‘cart’. The buyer can place an order and proceed towards the payment window.
(c)Payment mechanism:In this step, the buyer chooses a preferred mode of payment. The following are the different payment modes that are generally available to a trading website user.
(i) Cash on delivery (CoD): Here, payment is made in cash at the time of delivery of a product.
(ii) Cheque: The user makes payment through cheque, and when the cheque is realised, the goods selected are delivered by the seller.
(iii) Net banking: The user makes an electronic payment to the bank account of the online vendor through the Internet.
(iv) Credit or debit card: The user can also use a credit or debit card (also known as plastic money) to make an online payment. The payment so made is linked to the bank account of the user.
(v) Digital cash or e-cash: This type of currency has no physical existence. It is a system of purchasing cash in relatively small amounts and storing it in the computer system. The consumer can spend the cash when making electronic purchases over the Internet.
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संबंधित प्रश्न
State with reasons, whether the following statement is True or False:
e‐business means using the internet to connect people and processes.
State with reasons whether the following statements are True or False
e-business allows you lo work across the globe in any field.
Distinguish between.
Traditional business and E-business
State with reasons whether the following statement true or false.
It is easy to set up e-business as compared to traditional business.
Write short answers for the following question:
What are the advantages of e-business?
Answer the following.
What are the resources required for successful e-business implementation
Answer briefly the following questions:
State any two benefits of e-business to the buyers.
Answer the following question:
What is a Dictaphone?
With reference to the Post Office, expand the following:
PIN
Answer briefly the following questions:
With reference to post office services, write the expanded forms of:
(a) RMS
(b)TMO
Choose the correct option for the following:
It is not an application of e-business
State any three differences between e-business and traditional business.
The term 'e-business' is derived from the term ___________ and e-commerce.
E-business is an abbreviation for ____________.
E-business means using the ___________ to connect people and process.
Answer in one sentence.
What is E-business?
The term e-business came into existence in the year 1998.
