This a MCQ (Multiple Choice Question) based practice test of Chapter 5 - Emerging Modes of Business of Business Studies of Class XI (11) for the quick revision/preparation of School Board examinations
Q e-commerce does not include
E-Commerce ( electronic commerce) refers to conduct all commercial transaction through internet. E-Commerce covers the interaction of the firm with its customers and suppliers over the internet.
Outsourcing is a business practice in which a company hires another company or an individual to perform tasks, handle operations or provide services that are either usually executed by the company's own employees. In simple words outsourcing is a business practice in which services or job functions are farmed out to a third-party Outsourcing is also used by companies to dial down and focus on the core aspects of the business, spinning off the less critical operations to outside organizations.
Off Shoring means setting up of business in another country where the labor is cheap. Hence outsourcing includes off shoring which can be of either core or non-core activities o the company/business.
the payment mechanism typical to e-business
A Call Centre handles
Call centres handle both voice-based and non-voice-based businesses. The voice-based businesses are related to clarifying consumers’ doubts either online or over the telephone. On the other hand, non-voice-based businesses are related to technical back-end activities. The voice-based businesses mainly involve the telecom and banking industries, whereas the non-voice-based businesses are related to information-technology-related products, such as computers, cell phones and television sets.
Hence, the correct answer is option (c).
It is not an application of e-business
R&D means Research and Development. Research and Development is a systematic activity combining both basic and applied research, and aimed at discovering solutions to problems or creating new goods and knowledge.
R&D does not come under a type of application, its more like a function.
Out of e-commerce and e-business, which is a broader term?
Under what method payment is made at the time of physical delivery of goods
India is the preferred destination for BPO because of ____________
India has very cheap manpower system Cheap manpower reduces the factor cost of the organisation reduces, and this results in increase in the profit margin of the organisation(ehich is the main motive of any organisation) And this attract the MNCs for occuring bpo.
____________ refers to contracting out some of its activities to a third party which were earlier performed by the organisation.
Both buyers and sellers are customers under_______ type of e-business transaction