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B Com Exam  >  B Com Tests  >  E-Commerce  >  Test: Internet & World Wide Web - 1 - B Com MCQ

Test: Internet & World Wide Web - 1 - B Com MCQ


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10 Questions MCQ Test E-Commerce - Test: Internet & World Wide Web - 1

Test: Internet & World Wide Web - 1 for B Com 2024 is part of E-Commerce preparation. The Test: Internet & World Wide Web - 1 questions and answers have been prepared according to the B Com exam syllabus.The Test: Internet & World Wide Web - 1 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Internet & World Wide Web - 1 below.
Solutions of Test: Internet & World Wide Web - 1 questions in English are available as part of our E-Commerce for B Com & Test: Internet & World Wide Web - 1 solutions in Hindi for E-Commerce course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Internet & World Wide Web - 1 | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study E-Commerce for B Com Exam | Download free PDF with solutions
Test: Internet & World Wide Web - 1 - Question 1
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What is the term used to describe the transformation of raw materials into finished goods for sale?

Detailed Solution for Test: Internet & World Wide Web - 1 - Question 1
Manufacturing is the term used to describe the process of transforming raw materials into finished goods for sale. This involves various steps such as production, assembly, and finishing of products.
Test: Internet & World Wide Web - 1 - Question 2
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Which component of the supply chain involves the sale of goods or services in large quantities and at lower prices to someone other than consumers?

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Wholesale refers to the sale of goods or services in large quantities to businesses, retailers, or other wholesalers at lower prices. It's an intermediary step in the supply chain before the products reach the end consumers.
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Test: Internet & World Wide Web - 1 - Question 3
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What is the primary role of E-commerce in the wholesale sector?

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E-commerce in the wholesale sector aims to lower operating costs by utilizing advanced information technology. This includes reducing the need for physical presence at wholesale markets, streamlining distribution processes, and accessing market information more efficiently.
Test: Internet & World Wide Web - 1 - Question 4
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Which sector involves selling products and services to consumers for their personal or family use?
Detailed Solution for Test: Internet & World Wide Web - 1 - Question 4
Retailing involves the sale of products and services directly to consumers for their personal or family use. This sector includes various types of stores and service providers catering to individual customers.
Test: Internet & World Wide Web - 1 - Question 5
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How does the Domain Name System (DNS) function on the Internet?
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The Domain Name System (DNS) is a distributed system that translates human-readable domain names into IP addresses, allowing computers to locate and communicate with each other on the Internet.
Test: Internet & World Wide Web - 1 - Question 6
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Which advantage of the Internet allows organizations to present themselves as technologically advanced?
Detailed Solution for Test: Internet & World Wide Web - 1 - Question 6
Having an online presence gives organizations a leading-edge image, showing customers and prospects that they are technologically advanced and ready to provide services in the digital age.
Test: Internet & World Wide Web - 1 - Question 7
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What is one of the challenges faced by service providers when selling their services?
Detailed Solution for Test: Internet & World Wide Web - 1 - Question 7
Service providers often struggle with differentiation since many services seem similar. They need to find ways to stand out in a crowded market and offer unique value to customers.
Test: Internet & World Wide Web - 1 - Question 8
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What key advantage does e-commerce provide in the service sector?
Detailed Solution for Test: Internet & World Wide Web - 1 - Question 8
E-commerce in the service sector reduces communication costs by making information readily available to customers and allowing immediate updates. This enhances customer engagement and support.
Test: Internet & World Wide Web - 1 - Question 9
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What aspect of the Internet is represented by its logically linked computers using unique addresses based on the Internet Protocol (IP)?
Detailed Solution for Test: Internet & World Wide Web - 1 - Question 9
The Internet is a global information system where computers are logically linked together using unique IP addresses. It facilitates communication, information dissemination, and collaboration among individuals and organizations worldwide.
Test: Internet & World Wide Web - 1 - Question 10
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What type of businesses benefit from using e-commerce to improve speed, reduce costs, and increase competitiveness?
Detailed Solution for Test: Internet & World Wide Web - 1 - Question 10
E-commerce benefits service providers by improving transaction speed, reducing management costs, and increasing competitiveness. It enables them to deliver services efficiently and reach a wider audience.
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