Emerging Modes of Business

What is the biggest contribution of emerging modes of business to modern commerce?

1. Increasing paperwork
2. Reducing business efficiency
3. Making business faster, more accessible, and globally connected
4. Eliminating customer service

Why has e-business become popular in recent years?

1. Decline in internet usage
2. Growth of internet connectivity, smartphones, and digital payment systems
3. Reduction in technology
4. Elimination of computers

Which of the following is NOT a feature of e-business?

1. Global reach
2. Paperless transactions
3. Physical presence is always necessary
4. Electronic communication

Which payment method is commonly used in e-commerce?

1. Cash only
2. Digital payment through UPI, debit cards, credit cards, and net banking
3. Barter system
4. Gold exchange

E-procurement mainly refers to:

1. Buying goods through traditional markets
2. Purchasing goods and services electronically
3. Manufacturing products online
4. Selling products door-to-door

Which type of e-commerce involves transactions between consumers?

1. B2B
2. B2C
3. C2C
4. G2B

Which technology is essential for the growth of e-business?

1. Printing press
2. Internet
3. Postal mail only
4. Manual bookkeeping

Which of the following is a major limitation of e-business?

1. Global market access
2. Lower operating costs
3. Security and privacy concerns
4. Faster communication

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

1. Increased paperwork
2. Limited market reach
3. Faster communication and reduced transaction costs
4. Greater dependence on physical documents

Which facility allows customers to transfer money electronically without visiting a bank branch?

1. Cash payment only
2. Electronic Banking (E-Banking)
3. Postal service
4. Money order

In B2B e-commerce, transactions take place between:

1. Consumers and consumers
2. Businesses and businesses
3. Government and consumers
4. Consumers and employees

Which of the following is an example of B2C e-commerce?

1. A manufacturer selling raw materials to another manufacturer
2. A wholesaler supplying goods to retailers
3. An online shopping website selling products directly to consumers
4. A government department buying office equipment

Which of the following is a subset of e-business?

1. Agriculture
2. E-commerce
3. Manufacturing
4. Transportation

Which of the following best defines e-business?

1. Business conducted only through television advertisements
2. Business activities carried out using electronic networks, especially the internet
3. Selling products only in physical stores
4. Government business activities only

What is meant by "Emerging Modes of Business"?

1. Traditional methods of farming
2. New methods of conducting business using information and communication technology
3. Manufacturing goods manually
4. Barter system of trade