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Direction: Read the following text and answer the questions that follow:
Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.
“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”
Q. Identify the limitation of e-business stated here.
  • a)
    Lack of personal touch
  • b)
    Time-consuming
  • c)
    Risk arising due to anonymity and no traceability of parties
  • d)
    Fraudulent trading
Correct answer is option 'C'. Can you explain this answer?
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Direction: Read the following text and answer the questions that foll...
Risk arising due to anonymity and no traceability of parties.
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Direction: Read the following text and answer the questions that foll...
Understanding the Limitation of E-Business
In the scenario provided, Mr. Mehra faced a problem with the delivery of his furniture, which highlights a significant limitation of e-business:
Risk Arising Due to Anonymity and No Traceability of Parties
- Anonymity in Transactions: E-business often operates without face-to-face interactions, leading to a lack of personal accountability. This anonymity can result in businesses not being fully accountable for their actions, as seen with the distributor M/s Touchwood Furniture Dealers.
- Traceability Issues: When transactions occur online, tracing back issues can become complicated. In Mr. Mehra's case, the defect in the sofa was traced back to a distributor's error, which might not have been as apparent in a traditional business setting. This lack of traceability can cause delays in resolving complaints and can lead to customer dissatisfaction.
- Implications for Trust: Customers must place trust in the e-business model, but when problems arise, it can shake that trust. If the parties involved are difficult to trace or hold accountable, customers may feel vulnerable and frustrated, as they did in this situation.
- Potential for Fraud: The risk of fraudulent trading increases in e-business environments due to the difficulty in verifying the legitimacy of all parties involved. This can lead to issues like the one experienced by Mr. Mehra, where he received a defective product due to a third-party error.
In summary, the scenario illustrates how anonymity and lack of traceability in e-business can lead to complications and risks that affect customer satisfaction and trust.
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Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.‘So he sold his old sofa, and bed through OLX.’Q. Identify in the type of e-business model involved in the transaction mentioned here.

Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.‘...he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej furniture.’’Q. Identify the type of e-business model involved in transaction mentioned here.

Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action.”Q. Identify the scope of e-business mentioned in this case.

Direction: Read the following passage and answer the question that follows:Agriculture provides livelihood to almost three fourth of population of India. Indian agriculture is highly dependent on spatial and temporal distribution of rainfall. Climate extremes such as drought and flood affect agriculture severely. An account of impact of climate extremes viz. drought and flood, on Indian food-grain production has been presented in this paper. There are temporal fluctuations in food grain production and area under the food-grain. In secular terms, both of them increased up to mid-eighties.After mid-eighties there is decline in the area of food grain while maintaining an increase in production of food-grain suggesting the improvement in agricultural technology and policy. There is more temporal fluctuation in the production of food grain than the area under food grain. The analysis reveals that impact of drought on Indian agriculture is more than that of flood. Rabi food grain production depicts better adaptability to drought than Kharif food grain production mostly due to better access to irrigation infrastructure. Among the various food crops analysed all except jowar can effectively face flood events. Wheat and jowar perform relatively better during drought events.Rice is most sensitive crop to the extreme climate events. Since rice is staple food in the sub-continent, management of rice productions against climate extremes needs special attention for food security and sustainability.Q. What has caused the increase in the supply of food grains.

Direction: Read the following passage and answer the question that follows:Agriculture provides livelihood to almost three fourth of population of India. Indian agriculture is highly dependent on spatial and temporal distribution of rainfall. Climate extremes such as drought and flood affect agriculture severely. An account of impact of climate extremes viz. drought and flood, on Indian food-grain production has been presented in this paper. There are temporal fluctuations in food grain production and area under the food-grain. In secular terms, both of them increased up to mid-eighties.After mid-eighties there is decline in the area of food grain while maintaining an increase in production of food-grain suggesting the improvement in agricultural technology and policy. There is more temporal fluctuation in the production of food grain than the area under food grain. The analysis reveals that impact of drought on Indian agriculture is more than that of flood. Rabi food grain production depicts better adaptability to drought than Kharif food grain production mostly due to better access to irrigation infrastructure. Among the various food crops analysed all except jowar can effectively face flood events. Wheat and jowar perform relatively better during drought events.Rice is most sensitive crop to the extreme climate events. Since rice is staple food in the sub-continent, management of rice productions against climate extremes needs special attention for food security and sustainability.Q. What other things affect the supply of goods?

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Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer?
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Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. 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In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following text and answer the questions that follow:Mr. Mehra is working at the post of General Manager in AU Small Finance Rajasthan. He is transferred to Hyderabad. So he sold his old sofa, and bed through OLX. In Hyderabad, he bought a new sofa and small bed of his choice according to the space of the room placing online order to Godrej Furniture. On receiving the delivery of the items, he found colour defect in the sofa so he filed an online complaint with customer care cell of Godrej Furniture. The head of customer grievances cell forwarded this complaint mail to the Marketing manager and Production manager for further action. In enquiry, it was found that M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej Furniture for making delivery to its online customers.“M/s Touchwood Furniture Dealers, distributor of Godrej Furniture in Hyderabad made the ‘default on delivery’ while taking online order from Godrej furniture for making delivery to its online customers.”Q. Identify the limitation of e-business stated here.a)Lack of personal touchb)Time-consumingc)Risk arising due to anonymity and no traceability of partiesd)Fraudulent tradingCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.
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