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EMERGING MODES OF BUSINESS
Page 2


EMERGING MODES OF BUSINESS
What is e-Business?
•
E-business (electronic business) is the conducting of business on the 
Internet, not only buying and selling but also servicing customers and 
collaborating with business partners. 
•
The processes and tools that allow an organization to use Internet-
based technologies and infrastructure, both internally and externally, 
to conduct day to day business process operations. 
Page 3


EMERGING MODES OF BUSINESS
What is e-Business?
•
E-business (electronic business) is the conducting of business on the 
Internet, not only buying and selling but also servicing customers and 
collaborating with business partners. 
•
The processes and tools that allow an organization to use Internet-
based technologies and infrastructure, both internally and externally, 
to conduct day to day business process operations. 
e-Business Types
CONSUMERS
C2C
BUSINESS
B2B
ADMINISTRATION
C2A
B2C
B2A
Page 4


EMERGING MODES OF BUSINESS
What is e-Business?
•
E-business (electronic business) is the conducting of business on the 
Internet, not only buying and selling but also servicing customers and 
collaborating with business partners. 
•
The processes and tools that allow an organization to use Internet-
based technologies and infrastructure, both internally and externally, 
to conduct day to day business process operations. 
e-Business Types
CONSUMERS
C2C
BUSINESS
B2B
ADMINISTRATION
C2A
B2C
B2A
What is B2B Commerce?
•
Stands for Business to Business as in businesses doing business with other businesses.
•
On the Internet, B2B (business-to-
business), is the exchange of products, 
services, or information between businesses.
•
Can even take place between the same firm by
exercising a real-time control over it's stock-in- transit
•
Examples:
Page 5


EMERGING MODES OF BUSINESS
What is e-Business?
•
E-business (electronic business) is the conducting of business on the 
Internet, not only buying and selling but also servicing customers and 
collaborating with business partners. 
•
The processes and tools that allow an organization to use Internet-
based technologies and infrastructure, both internally and externally, 
to conduct day to day business process operations. 
e-Business Types
CONSUMERS
C2C
BUSINESS
B2B
ADMINISTRATION
C2A
B2C
B2A
What is B2B Commerce?
•
Stands for Business to Business as in businesses doing business with other businesses.
•
On the Internet, B2B (business-to-
business), is the exchange of products, 
services, or information between businesses.
•
Can even take place between the same firm by
exercising a real-time control over it's stock-in- transit
•
Examples:
What is B2C Commerce?
•
Stands for Business to Customers as in  businesses selling products or services to end-user 
consumers. 
•
Not just selling goods online, but advertising, delivery of 
products, etc. also comes under this. 
•
B2C allows a business to be in touch with its customers around
the clock.
•
E-commerce decreases the distance between producers and consumers. 
Consumers can make their purchase without entering a traditional shop. 
•
Examples:
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FAQs on PPT - Emerging Modes of Business - Business Studies (BST) Class 11 - Commerce

1. What are the emerging modes of business commerce?
Ans. Emerging modes of business commerce refer to new and innovative methods of conducting business transactions. These modes include e-commerce, mobile commerce, social commerce, and virtual reality commerce. They utilize technology to facilitate buying and selling goods and services.
2. How does e-commerce contribute to business commerce?
Ans. E-commerce is an emerging mode of business commerce that involves buying and selling products or services over the internet. It allows businesses to reach a global customer base, reduce costs, and enhance customer convenience. E-commerce platforms provide secure payment gateways, order tracking, and personalized shopping experiences.
3. What is mobile commerce and how does it impact business commerce?
Ans. Mobile commerce, also known as m-commerce, refers to conducting business transactions using mobile devices such as smartphones and tablets. It enables businesses to provide seamless shopping experiences through mobile apps or mobile-optimized websites. Mobile commerce enhances accessibility, enables location-based marketing, and facilitates quick and convenient transactions.
4. How does social commerce affect business commerce?
Ans. Social commerce is the integration of social media and e-commerce, allowing users to make purchases directly within social media platforms. It impacts business commerce by leveraging social media's vast user base to reach potential customers, promote products or services through targeted advertising, and enable social sharing and recommendations.
5. What is virtual reality commerce and how does it revolutionize business commerce?
Ans. Virtual reality commerce, also known as VR commerce, involves using virtual reality technology to create immersive shopping experiences. It revolutionizes business commerce by allowing customers to virtually explore products, try them on, and make informed purchasing decisions. VR commerce enhances engagement, reduces the need for physical stores, and provides a unique shopping experience.
37 videos|142 docs|38 tests
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