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Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board chapter 3 - Emerging Modes of Business [Latest edition]

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Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board chapter 3 - Emerging Modes of Business - Shaalaa.com
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Solutions for Chapter 3: Emerging Modes of Business

Below listed, you can find solutions for Chapter 3 of Maharashtra State Board Micheal Vaz for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board.


Select the proper optionMatch the pairsWrite the word or phraseDistinguish betweenWrite short notes on the followingTrue or falseWrite short answers for the following questionAnswer the following
Select the proper option [Pages 96 - 97]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Select the proper option [Pages 96 - 97]

Select the proper option | Q 1 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
In e-business payments have to be made ________.

  • in cash

  • on credit

  • online

Select the proper option | Q 2 | Page 96

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.

  • e-mail

  • e-pay

  • cash

Select the proper option | Q 3 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The transactions under ________ are between business firms and consumers

  • C to C

  • B to C

  • B to B

Select the proper option | Q 4 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The process of contracting a business function to someone else is called as ________.

  • e-business

  • outsourcing

  • trading

Select the proper option | Q 5 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
For online transaction, ________ is required.

  • trading

  • registration

  • business

Select the proper option | Q 6 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
The online shopper can pick and drop the things in the ________.

  • shopping mall

  • shopping cart

  • shopping bag

Select the proper option | Q 7 | Page 96

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.

  • Cash

  • Net banking

  • Credit

Select the proper option | Q 8 | Page 96

Select the proper option from the options given below and rewrite the completed sentence:
Credit or debit cards are popularly known as ________ money.

  • paper

  • plastic

  • polymer

Select the proper option | Q 9 | Page 97

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

  • SSL

  • POS

  • HTTP

Select the proper option | Q 10 | Page 97

Select the proper option from the options given below and rewrite the completed sentence:
Wedding planning is an example of ________.

  • corporate organisation

  • outsourcing

  • buying and selling of goods

Match the pairs [Page 97]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Match the pairs [Page 97]

Match the pairs | Q 1 | Page 97

Match the pairs:

  Group A   Group B
a. e-business 1. cost reduction
b. B to C 2. Hyper Transfer Text Protocol
c. ATM 3. encryption
d. Payment geteway 4. electronic business
e. HTTP 5. point of sale
    6. Business to Consumer
    7. Business to Business
    8. authorizes payment made online
    9. outsourcing
    10. Automatic Teller Machine
Write the word or phrase [Page 97]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Write the word or phrase [Page 97]

Write the word or phrase | Q 1 | Page 97

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

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

Write the word or phrase | Q 2 | Page 97

Write the word or phrase or term which can substitute the following:
Name the term which is used by even common man effectively while collecting the needed information quickly.

Write the word or phrase | Q 3 | Page 97

Write the word or phrase or term which can substitute the following:
Name the electronic facility of transferring funds through the internet.

Write the word or phrase | Q 4 | Page 97

Write the word or phrase or term which can substitute the following:
Name the form of electronic currency that exists only in cyberspace.

Write the word or phrase | Q 5 | Page 97

Write the word or phrase or term which can substitute the following:
Name the service provider which is used for payments through web.

Write the word or phrase | Q 6 | Page 97

Write the word or phrase or term which can substitute each the following:
Name the modern process of contracting a business function to someone else.

Distinguish between [Page 97]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Distinguish between [Page 97]

Distinguish between | Q 1 | Page 97

Distinguish between.

Traditional business and E-business

Write short notes on the following [Page 97]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Write short notes on the following [Page 97]

Write short notes on the following | Q 1 | Page 97

Write short note on the following:
E-business

Write short notes on the following | Q 2 | Page 97

Write short note on the following:
Business to Consumer (B to C)

Write short notes on the following | Q 3 | Page 97

Write short note on the following:
Online transactions

Write short notes on the following | Q 4 | Page 97

Write short note on the following:
Payment Mechanism

Write short notes on the following | Q 5 | Page 97

Write short note on the following:
Secure Socket Layer (SSL)

Write short notes on the following | Q 6 | Page 97

Write short note on the following:
Outsourcing

True or false [Page 97]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business True or false [Page 97]

True or false | Q 1 | Page 97

State with reasons whether the following statement true of false.
The term “e-business” is derived from the terms “e-mail” and “e-commerce”.

  • True 

  • False 

True or false | Q 2 | Page 97

State with reasons whether the following statement true of false.
Credit cards are used for cash payments.

  • True 

  • False 

True or false | Q 3 | Page 97

State with reasons whether the following statement true of false.
In online transactions, account and shopping cart are password protected.

  • True 

  • False 

True or false | Q 4 | Page 97

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

  • True 

  • False 

True or false | Q 5 | Page 97

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

  • True 

  • False 

Write short answers for the following question [Pages 97 - 98]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Write short answers for the following question [Pages 97 - 98]

Write short answers for the following question | Q 1 | Page 97

Write short answers for the following question:
What is e-business?

Write short answers for the following question | Q 2 | Page 97

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

Write short answers for the following question | Q 3 | Page 97

Write short answers for the following question:
What is a payment gateway?

Write short answers for the following question | Q 4 | Page 97

Write short answers for the following question:
What is net-banking transfer?

Write short answers for the following question | Q 5 | Page 98

Write short answers for the following question:
What is outsourcing? Illustrate with one example.

Answer the following [Page 98]

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board 3 Emerging Modes of Business Answer the following [Page 98]

Answer the following | Q 1 | Page 98

Answer the following.
What is e-business? How did the concept originate?

Answer the following | Q 2 | Page 98

Answer the following.
Explain in brief the steps involved in online transactions.

Answer the following | Q 3 | Page 98

Answer the following.
What are the resources required for successful e-business implementation

Answer the following | Q 4 | Page 98

Answer the following.
Why should business transactions be secured?

Answer the following | Q 5 | Page 98

Answer the following.
What are the advantages and disadvantages of outsourcing?

Answer the following | Q 6 | Page 98

Answer the following.
What are the advantages and disadvantages of e-business?

Solutions for 3: Emerging Modes of Business

Select the proper optionMatch the pairsWrite the word or phraseDistinguish betweenWrite short notes on the followingTrue or falseWrite short answers for the following questionAnswer the following
Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board chapter 3 - Emerging Modes of Business - Shaalaa.com

Micheal Vaz solutions for Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board chapter 3 - Emerging Modes of Business

Shaalaa.com has the Maharashtra State Board Mathematics Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. Micheal Vaz solutions for Mathematics Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board Maharashtra State Board 3 (Emerging Modes of Business) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.

Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. Micheal Vaz textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.

Concepts covered in Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board chapter 3 Emerging Modes of Business are Concept of E-business, Resources Required for Successful E-business Implementation, Security and Safety of Business Transactions, Concept of Outsourcing, Need of Outsourcing, Scope of Outsourcing, Online Transaction, Payment Mechanism.

Using Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board solutions Emerging Modes of Business exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Micheal Vaz Solutions are essential questions that can be asked in the final exam. Maximum Maharashtra State Board Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board students prefer Micheal Vaz Textbook Solutions to score more in exams.

Get the free view of Chapter 3, Emerging Modes of Business Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board additional questions for Mathematics Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board Maharashtra State Board, and you can use Shaalaa.com to keep it handy for your exam preparation.

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