CBSE Class 11 Business Studies Emerging Modes Of Business MCQs Set 03

Question. Use of EDI (Electronic Data Interchange) technology to send and receive commercial documents like purchase order etc is an example of
(a) B2B
(b) C2C
(c) B2C
(d) Intra B

Answer: A

Question. Job-work is an example of :
(a) Contract manufacturing
(b) Contract Research
(c) Contract sales
(d) Contract informatics.

Answer: A

Question. Selling electronic goods through Flipkart or eBay.com is a __________ type of e-business transaction.
(a) B2B Activities
(b) C2C Activities
(c) C2B Activities
(d) B2C Activities

Answer: B

Question. Both Sellers and buyers are business firms, under ___________ type of e-commerce transaction.
(a) B2C Commerce
(b) C2B Commerce
(c) C2C Commerce
(d) B2B Commerce

Answer: D

Question. ____ transactions have business firms at one end and its customers on the other end.
(a) C2C Commerce
(b) B2B Commerce
(c) B2C Commerce
(d) C2B Commerce

Answer: C

Question. A firm’s interactions with its employees sometimes referred to as _______
(a) B2D Commerce
(b) B2F Commerce
(c) B2E Commerce
(d) B2M Commerce

Answer: C

Question. Which of the following can be used only for e-business?
(а) Cheques
(b) Credit Card
(c) Debit Card
(d) E-cash

Answer: D

Question. An important C2C area of interactive commerce can be the formation of _______
(a) Consumers forum and pressure group
(b) B2B Commerce
(c) Banking
(d) Insurance

Answer: A

Question. The private and secure networks used by firms for efficient management of their internal functions are known as
(a) Internet
(b) Intercom connections
(c) Closed-user-groups
(d) VPN (Intranet)

Answer: A

Question. Outsourcing does not include-
(a) Assigning task to the outside agency.
(b) Processing work to third party.
(c) Assigning non-core activities to third party.
(d) Getting things done from the existing employees.

Answer: D

Question. Question Expand VPN
(a) Virtual Public Network
(b) Virtual Popular Network
(c) Virtual Private Network
(d) Virtual Personal Network

Answer: C

Question. Which of the following is a limitation of e-business?
(a) Ethical fallouts
(b) Risk
(c) Low personal touch
(d) All of the options

Answer: D

Question. Which method is very popular for making online transactions?
(a) Credit Card
(b) All of these
(c) Net banking
(d) Debit Card

Answer: D

Question. A firm’s electronic transactions and networks are extending into___directions:
(а) 4
(b) 6
(c) 3
(d) 2

Answer: C

Question. What is the full form of COD
(а) Cash on Delivery
(b) Code on Delivery
(c) Commitment on Delivery
(d) Cash on Discount

Answer: A

Question. A firm using a network of computers for placing orders, monitoring production, delivery of goods and making payments to its supplier firm is an example of
(a) B 2 B commerce
(b) B 2 C commerce
(c) C 2 C commerce
(d) Intra-B commerce

Answer: D

Question. __________ refers to contracting out some of its activities to a third party which was earlier performed by the organisation.
(a) Outsourcing
(b) BPO
(c) E-Commerce
(d) E-Banking

Answer: A

Question. ______ is very much reality which provides the consumers with the freedom of shopping at will.
(a) C2C Commerce
(b) B2C Commerce
(c) B2B Commerce
(d) C2B Commerce

Answer: D

Question. Complaint lodged by a customer at the company?s call centre is _______ type of e-business transaction.
(a) C2C Commerce
(b) C2B Commerce
(c) B2C Commerce
(d) B2B Commerce

Answer: B

Question. A firm’s interactions with its employees, sometimes referred to as _______
(a) B2D Commerce
(b) B2F Commerce
(c) B2E Commerce
(d) B2M Commerce

Answer: C

Question. The annoyance in terms of some onscreen display
(a) Firms interaction with its customers
(b) Firms interaction with other business firms
(c) Firms interaction with its own departments
(d) None of the options

Answer: A

Question. Out of e-commerce and e-business, which is a broader term?
(a) Both e-business and e-commerce are the same thing
(b) E-commerce
(c) E-business
(d) None of the options

Answer: C

Question. Which business is easy to setup e-business or traditional business:
(а) E-business
(b) Traditional business
(c) Both are easy to set up
(d) Both are difficult to set up

Answer: A

Question. e-bussiness does not include.?
(a) a business interaction with its supplier .
(b) a business interaction with its customer .
(c) interaction among the various departments within the business.
(d) interaction among the geographically dispersed unit of the business.

Answer: C

Question. Formation of Consumers Forum and Pressure groups is an example of
(a) C2C
(b) B2B
(c) B2C
(d) Intra B

Answer: A

Question. ______is the largest captive BPO unit in India for providing certain kinds of services to the parent company in the United States as well as to its subsidiaries in other countries.
(а) Infosys
(b) General electric (GE)
(c) Accenture
(d) None of the options

Answer: B

Question. PayPal is an example of
(а) B2B Commerce
(b) B2C Commerce
(c) Intra B Commerce
(d) C2C Commerce

Answer: D

Question. Historically, the term e-commerce originally meant the facilitation of __________ transactions using Electronic Data Interchange (EDI) technology to send and received commercial documents like purchase orders or invoices.
(a) C2B Commerce
(b) C2C Commerce
(c) B2B Commerce
(d) B2C Commerce

Answer: C

Question. Outsourcing:
(a) Restricts only to tire contracting out of Information Technology Enabled Services (ITES)
(b) Restricts only to the contracting out of non-core business processes
(c) Includes contracting out of manufacturing and R and D as well as service processes
(d) Includes off-shoring

Answer: D

Question. _____ transactions have business firms at one end and its customers on the other end.
(a) C2C Commerce
(b) B2B Commerce
(c) B2C Commerce
(d) C2B Commerce

Answer: C

Question. India is the preferred destination for BPO because of_______
(a) Tax Free Zone for BPOs
(b) Cheap People
(c) Cheap Manpower
(d) Poor conditions

Answer: C

Fill in the Blanks:

Question. In the __________ variant of e-business, a businessman is purchasing raw material from another businessman.
Answer: B2B Commerce

Question. The dimension of e-commerce that helps the consumers in dealing in pre-owned goods is known as __________ commerce.
Answer: C 2 C

Question. “E- business affords to the buyer a freedom to choice product from almost any part of the world” This statement shows one of the benefit of e-business, that is __________ .
Answer: Global Reach

Question. It refers to a long-term contracting out generally the non-core and even some of the core activities to captive or third party specialists is known as __________
Answer: bpo

Question. The cost of setting up in__________ high.
Answer: traditional business

True / False:

Question. To establish e- business large investment is needed to purchase various requirements for the business.
Answer: False

Question. Knowledge process outsourcing requires competent and highly skilled professionals.
Answer: True

Question. In e-business there is a limitation of time for purchase and sale of goods.
Answer: False

Question. A captive BPO unit provides services to a wide base of clients, cutting across industries
Answer: False

Question. Through B2 B commerce one businessman firm can interacts with another business firm to make any transaction.
Answer: True

Question. State a significant feature of outsourcing.
Answer: An important feature of outsourcing is:
- The activities that are not indistinctive can be certainly outsourced; however, distinct pursuits cannot be outsourced

Question. What is Traditional Business?
Answer : Traditional business is a local shop which gives its services or goods to its local consumers. It is a set-up where consumers will have to visit the shop physically to purchase the goods.

Question. What is the scope of the business based on the parties involved in the electronic transaction?
Answer : Scope of the business based on the parties involved in the electronic transaction are B2B which is an enterprise’s interactions with other businesses, B2C, i.e., an enterprise’s interactions with its customers and Intra-B or a firm’s internal processes.

Question. Define e-commerce.
Answer : E-commerce, also called as electronic commerce or internet commerce, refers to the purchasing and selling of commodities or services utilising the internet and the transfer of money and data to perform these transactions.

Question. Expand B2C Commerce.
Answer : B2C Commerce – Business to Consumers Commerce