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State with Reasons Whether the Following Statements Are True of False. It is Easy to Set up E-business as Compared to Traditional Business. - Organisation of Commerce and Management

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प्रश्न

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

पर्याय

  • True 

  • False 

MCQ
चूक किंवा बरोबर

उत्तर

It is easy to set up e-business as compared to traditional business : True
Explanation:
Yes, the statement is correct. E-business is easy to set up compared to traditional business because of the following reasons:
1) E-business is easy to start, as physical facilities are not required. For setting up e-business, all you need is one computer with the internet facility.
2) It does not require a host of procedures for the formation and working that are usually required in traditional forms of business.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Emerging Modes of Business - True or false [पृष्ठ ९७]

APPEARS IN

मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 3 Emerging Modes of Business
True or false | Q 4 | पृष्ठ ९७

व्हिडिओ ट्यूटोरियलVIEW ALL [2]

संबंधित प्रश्‍न

Write short note on Disadvantage of e – business.


Disadvantages of e‐business.


State with reasons whether the following statements are True or False

e-business allows you lo work across the globe in any field.


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.


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


Distinguish between.

Traditional business and E-business


Write short note on the following:
E-business


Answer briefly the following questions:

State any two benefits of e-business to the buyers.


Briefly explain four advantages of the following: Telefax


Answer the following question:

How does a business reply card help a business concern?


Choose the correct option for the following:
e-commerce does not include


State any three differences between e-business and traditional business.


Describe briefly any two applications of e-business.


Describe briefly the data storage and transmission risks in e-business


Why are e-business and outsourcing referred to as the emerging modes of business? Discuss the factors responsible for the growing importance of these trends.


Elaborate the steps involved in on-line trading.


Discuss the limitations of electronic mode of doing business. Are these limitations severe enough to restrict its scope? Give reasons for your answer


The term 'e-business' is derived from the term ___________ and e-commerce.


Match the pairs:

Group ‘A’

Group ‘B’

A) E-business

1) Consumer to consumer

B) B2C

2) Exist everywhere

C) Outsourcing

3) First step

D) Digital cash

4) Business to Consumer

E) Registration

5) Electronic business

 

6) BPO

 

7) RTO

 

8) Efficient business

 

9) Exist only in cyberspace

 

10) Last step


E-business is an abbreviation for ____________.


E-business is ___________ of e-commerce.


Correct the underlined word and rewrite the following sentence.

E-business is hard to start.


Study the following case/situation and express your opinion.

Satvik purchases a watch from Titan shop and his friend Shambhavi purchases a watch from online shopping sites.

i. Which shopping is from a traditional business?

ii. Which shopping is from e-business?

iii. Which business involved high risk?


Justify the following statement.

E-business allows users to work across the globe in any field.


What are the types of e-business? Explain.


It is easy to set up e-business as compared to traditional business.


Study the following case/situation and express your opinion.

Ram purchases a watch from Titan shop and his friend sham purchases a watch from an online shopping site.
  1. Which shopping is from a traditional business?
  2. Which shopping is from e-business?
  3. Which business involved high risk?

Match the pair:

Group 'A' Group 'B'
(a) Organising (1) Branch of natural science
(b) Reserve Bank of India (RBI) (2) F. W. Taylor
(c) E-business (3) Trademark
(d) Business ethics (4) Central bank
(e) Registered brands (5) Electronic business
  (6) Decides the ways and means to achieve what has been planned
  (7) Branch of social science
  (8) Efficient business
  (9) Commercial bank
  (10) Single Buyer

State any four points highlighting the importance of e-business to the buyers.


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