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Write Short Answers for the Following Questions: What Are the Advantages of E-business? - Organisation of Commerce and Management

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प्रश्न

Write short answers for the following question:
What are the advantages of e-business?

थोडक्यात उत्तर

उत्तर

The advantages of e-business are as follows:
i. Ease of Formation - The investment required to start up e-business is almost negligible as it does not require much capital or resources for the physical establishment of the business. Thus, it becomes a comparatively easier mode of trading than the traditional one.
ii. Global Access - E-business provides a worldwide access to the business. Businessmen are able to extend their sale of products to a large number of consumers across the world. Similarly, the consumers also get to choose from a variety of goods. Thus, it can be said that e-business provides a global access.
iii. Ease of Access - Unlike traditional modes of business, e-business provides easy accessibility to the consumers, as they can access products from anywhere and order them anytime.
iv. Consumer-Friendly - E-commerce saves time and effort of the consumers by providing a wide range of payment options to its customers such as debit cards, credit cards, cash on delivery and EMIs. All these options are quite safe and secure.

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पाठ 3: Emerging Modes of Business - Write short answers for the following question [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
Write short answers for the following question | Q 2 | पृष्ठ ९७

व्हिडिओ ट्यूटोरियलVIEW ALL [2]

संबंधित प्रश्‍न

Write the word or phrase or term which can substitute the following:

The term derived from the terms e-mail and e-commerce.


State the working of a Payment Gateway.


Write short note on e-business


State with reasons, whether the following statement is True or False:

e‐business means using the internet to connect people and processes.


Write short notes .

Advantages of e - business


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.


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


Write short note on the following:
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.


State with reasons whether the following statement  true of false.
E-business allows you to work across the globe in any field.


Answer briefly the following questions:

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


With reference to the Post Office, expand the following:

 VPP


Answer briefly the following questions:

With reference to post office services, write the expanded forms of:
(a) RMS
(b)TMO


Briefly explain four advantages of the following: Telefax


Answer the following question:

How does a business reply card help a business concern?


Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.


Choose the correct option for the following:
The payment mechanism typical to e-business


Elaborate the steps involved in on-line trading.


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


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


E-business is an abbreviation for ____________.


E-business means using the ___________ to connect people and process.


Select the correct option and complete the table.

(Business to Business, First step, e-commerce, payment mechanism, e-business)

  Group A GroupB
A) Registration ____________
B) Superset of e-commerce ____________
C) ____________ Last step
D) Subset of E-business ____________
E) ____________ B2B

Answer in one sentence.

What is E-business?


Correct the underlined word and rewrite the following sentence.

E-business is hard to start.


Explain the following term/concept.

E-business


Justify the following statement.

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


Justify the following statement.

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


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


The term e-business came into existence in the year 1998.


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

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