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B Com Exam  >  B Com Tests  >  Interdisciplinary Issues in Indian Commerce  >  Test: Technology in Commerce - B Com MCQ

Test: Technology in Commerce - B Com MCQ


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10 Questions MCQ Test Interdisciplinary Issues in Indian Commerce - Test: Technology in Commerce

Test: Technology in Commerce for B Com 2024 is part of Interdisciplinary Issues in Indian Commerce preparation. The Test: Technology in Commerce questions and answers have been prepared according to the B Com exam syllabus.The Test: Technology in Commerce MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Technology in Commerce below.
Solutions of Test: Technology in Commerce questions in English are available as part of our Interdisciplinary Issues in Indian Commerce for B Com & Test: Technology in Commerce solutions in Hindi for Interdisciplinary Issues in Indian Commerce course. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free. Attempt Test: Technology in Commerce | 10 questions in 10 minutes | Mock test for B Com preparation | Free important questions MCQ to study Interdisciplinary Issues in Indian Commerce for B Com Exam | Download free PDF with solutions
Test: Technology in Commerce - Question 1
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What is the primary purpose of a shopping cart in e-commerce?

Detailed Solution for Test: Technology in Commerce - Question 1
A shopping cart in e-commerce serves as a virtual container for storing items that a customer intends to purchase. It allows users to browse products, select items they want to buy, and then proceed to checkout. The shopping cart keeps track of the selected items, their quantities, and total cost until the customer is ready to complete the purchase. It doesn't handle processing credit card payments directly but facilitates the shopping process by providing a convenient way to manage selected products.
Test: Technology in Commerce - Question 2
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Which of the following is a disadvantage of e-commerce for businesses?

Detailed Solution for Test: Technology in Commerce - Question 2
One of the disadvantages of e-commerce for businesses is the limited availability of merchandise. Some products, especially those that require physical inspection or cannot be easily shipped, may not be suitable for online sales. While e-commerce offers numerous advantages, it may not be the ideal platform for selling all types of products, leading to limitations in merchandise availability.
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Test: Technology in Commerce - Question 3
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What does B2B stand for in the context of e-commerce?

Detailed Solution for Test: Technology in Commerce - Question 3
B2B stands for Business to Business in the context of e-commerce. It refers to electronic commerce transactions conducted between businesses rather than between a business and individual consumers. B2B e-commerce is focused on serving the needs of corporations and facilitating trade between them.
Test: Technology in Commerce - Question 4
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What percentage of online shoppers in India prefer cash on delivery as their mode of payment?
Detailed Solution for Test: Technology in Commerce - Question 4
Approximately 45% of online shoppers in India prefer cash on delivery as their mode of payment. This indicates a strong preference for paying for online purchases with cash upon delivery of the goods, reflecting consumer trust and convenience in this payment method.
Test: Technology in Commerce - Question 5
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Which age group has been the fastest-growing age segment in online shopping in India?
Detailed Solution for Test: Technology in Commerce - Question 5
The 18-25 years age group has been the fastest-growing age segment in online shopping in India. This younger demographic is increasingly engaging in online shopping activities, contributing significantly to the growth of e-commerce in the country.
Test: Technology in Commerce - Question 6
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In e-commerce, what is the primary advantage of eliminating geographical limitations?
Detailed Solution for Test: Technology in Commerce - Question 6
The primary advantage of eliminating geographical limitations in e-commerce is the higher capacity for goods and deliveries. E-commerce allows businesses to reach customers beyond their local geographical boundaries, leading to increased potential for selling products and delivering them to a wider audience.
Test: Technology in Commerce - Question 7
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Which year marked the introduction of the ARPANET, which is considered the first step toward e-commerce?
Detailed Solution for Test: Technology in Commerce - Question 7
The ARPANET, considered the first step toward e-commerce, was introduced in the year 1971. It played a significant role in enabling online transactions and electronic commerce in its early stages.
Test: Technology in Commerce - Question 8
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What does m-commerce refer to in the context of e-commerce?
Detailed Solution for Test: Technology in Commerce - Question 8
M-commerce stands for Mobile Commerce in the context of e-commerce. It refers to the use of mobile devices, such as smartphones and tablets, for conducting online shopping and related transactions. M-commerce has become increasingly popular as mobile devices provide users with the convenience of shopping on the go.
Test: Technology in Commerce - Question 9
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What is the expected growth rate of the e-commerce market in India between 2012 and 2016, according to Forrester?
Detailed Solution for Test: Technology in Commerce - Question 9
According to Forrester, the expected growth rate of the e-commerce market in India between 2012 and 2016 is approximately 57%. This indicates a significant increase in e-commerce activities and market size during this period.
Test: Technology in Commerce - Question 10
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What is the primary purpose of a shopping cart in e-commerce?
Detailed Solution for Test: Technology in Commerce - Question 10
A shopping cart in e-commerce serves as a virtual container for storing items that a customer intends to purchase. It allows users to browse products, select items they want to buy, and then proceed to checkout. The shopping cart keeps track of the selected items, their quantities, and total cost until the customer is ready to complete the purchase. It doesn't handle processing credit card payments directly but facilitates the shopping process by providing a convenient way to manage selected products.
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