Rupam Sir
Unit-5
Emerging Modes of Business
2n1arks
1.What do you mean
by E-business?
electronic mode i.e. Internet. Business
Anc. F-B:usiness refers to carrying on business activities through
E-Commerce means the conduct of industry,
2ctivitiescomprise of industry, commerce arnd trade and so
network with internet.
commerce and trade using computer
2. Define E-business.
trade and commerce using the computer
Ans- E-business may be defined as, "The conduct of industries,
networks with internet".
traditional and E-Business.
3. Mention 2 points of distinction between
traditionaland E-buSiness
Ans- Given below 2 points of distinctions between
Points of distinction Traditional E-business
modern i.e.
1.Mode of business Mode of business is traditionalMode of business is
of
which do not take place throughthrough computers networks
the internet. internet.
do business
2. Time involve It involves more time to do It involves less time to
traditional
business activities as compared to activities as compared to
E-business. business.
Physical presence is necessary. Physical presence is not necessary.
3. Physical presence
4. What do youmean by website?
a physical location on, rather it is an
Ans- A wehsite is a firm location on the World Wide Web. It is not
online identity of the firm.
5. What do you mean by outsourcing?
an outside agency. This
Ans- Outsourcing refers to getting a business task accomplished through
stands for Business Process
particular process of outsourcing is popularly known as B. P. O.' which
Outsourcing which was first started on U.S.A.
6. What do you mean by online transaction?
internet. In
Ans- Online transactions refers to all the transactions which take place through online
simple, it isa process of shopping through online or internet.
3-5marks:
1. Explain the various scope of E-business.
Ans- The E-business incudes carrying on business activities electronically through internet. Almost all
types of business functions such as production, finance, marketing etc. are carried in E-business.
Therefore,the scope of E-business is very large.
Given below the main scope of E-business
a) B28 Commerce- the transaction taking place between business units are known as B2B
transaction. In this form of transactions, both the parties involved are basiness units.
b) B2C Commerce- the transaction taking place between business units and customers are known
as B2C commerce. As the name suggest, B2C transactions have business firms at one end and
customers at the other end. This particular form of transaction enables both the parties i.e.
business as well as customers to remain in touch with each other.
c) C2C Commerce- The transactions taking place between customers are known as C2C
transactions. In this setup busin ess firm ie. seller is also customer and the buyer is also
Customer.
d) Intra-8-Commerce- This refers to transactions between the parties or persons who Ethe part of
one firm only. It is called Intra-B-Com merce beca use transactions take place within the firm
itself.
2. Mention 4 advantages/ benefits/importance of E-business.
Unit-5
Emerging Modes of Business
2n1arks
1.What do you mean
by E-business?
electronic mode i.e. Internet. Business
Anc. F-B:usiness refers to carrying on business activities through
E-Commerce means the conduct of industry,
2ctivitiescomprise of industry, commerce arnd trade and so
network with internet.
commerce and trade using computer
2. Define E-business.
trade and commerce using the computer
Ans- E-business may be defined as, "The conduct of industries,
networks with internet".
traditional and E-Business.
3. Mention 2 points of distinction between
traditionaland E-buSiness
Ans- Given below 2 points of distinctions between
Points of distinction Traditional E-business
modern i.e.
1.Mode of business Mode of business is traditionalMode of business is
of
which do not take place throughthrough computers networks
the internet. internet.
do business
2. Time involve It involves more time to do It involves less time to
traditional
business activities as compared to activities as compared to
E-business. business.
Physical presence is necessary. Physical presence is not necessary.
3. Physical presence
4. What do youmean by website?
a physical location on, rather it is an
Ans- A wehsite is a firm location on the World Wide Web. It is not
online identity of the firm.
5. What do you mean by outsourcing?
an outside agency. This
Ans- Outsourcing refers to getting a business task accomplished through
stands for Business Process
particular process of outsourcing is popularly known as B. P. O.' which
Outsourcing which was first started on U.S.A.
6. What do you mean by online transaction?
internet. In
Ans- Online transactions refers to all the transactions which take place through online
simple, it isa process of shopping through online or internet.
3-5marks:
1. Explain the various scope of E-business.
Ans- The E-business incudes carrying on business activities electronically through internet. Almost all
types of business functions such as production, finance, marketing etc. are carried in E-business.
Therefore,the scope of E-business is very large.
Given below the main scope of E-business
a) B28 Commerce- the transaction taking place between business units are known as B2B
transaction. In this form of transactions, both the parties involved are basiness units.
b) B2C Commerce- the transaction taking place between business units and customers are known
as B2C commerce. As the name suggest, B2C transactions have business firms at one end and
customers at the other end. This particular form of transaction enables both the parties i.e.
business as well as customers to remain in touch with each other.
c) C2C Commerce- The transactions taking place between customers are known as C2C
transactions. In this setup busin ess firm ie. seller is also customer and the buyer is also
Customer.
d) Intra-8-Commerce- This refers to transactions between the parties or persons who Ethe part of
one firm only. It is called Intra-B-Com merce beca use transactions take place within the firm
itself.
2. Mention 4 advantages/ benefits/importance of E-business.
