Practice Questions

Emerging Modes of Business

1
easySubjective

Identify the first step a customer must take before they can begin online shopping with a vendor.

2
easySubjective

Evaluate the effectiveness of using 'cookies' as the sole method for verifying a customer's identity during online registration.

3
easySubjective

Design a simple three-step process for a consumer to engage in C2C commerce on a platform like eBay, ensuring security.

4
easySubjective

Demonstrate the process of an online transaction from the perspective of a first-time customer.

5
easySubjective

Compare the opportunity for pre-sampling products in traditional business versus e-business.

6
easySubjective

Define the term 'e-business'.

7
easySubjective

Name any two payment mechanisms used in online transactions.

8
easySubjective

Compare the nature of internal communication in a traditional business with that of an e-business.

9
easySubjective

Demonstrate how a business can use B2C commerce to gather customer feedback.

10
easySubjective

Define B2B commerce.

11
easySubjective

Recall what a 'shopping cart' is in the context of online shopping.

12
easySubjective

Propose one method an e-business can use to protect customer credit card details during an online transaction.

13
easySubjective

Apply the concept of B2B commerce to the operations of an automobile factory.

14
easySubjective

Contrast the risk of transaction in traditional business with e-business.

15
mediumSubjective

Justify why a business might choose a 'pull' supply chain management system, facilitated by e-commerce, over a traditional 'push' system.

16
mediumSubjective

Describe the three main categories of risks associated with e-transactions.

17
mediumSubjective

Describe the limitation of 'low personal touch' in e-business.

18
mediumSubjective

Define the term 'virus' in the context of e-business risks.

19
mediumSubjective

Examine why the requirement for technological competence can create a 'digital divide' that limits the scope of e-business.

20
mediumSubjective

Evaluate the impact of e-business on the organizational structure and internal communication channels of a company, comparing it with a traditional business model.

21
mediumSubjective

Evaluate the claim that e-business makes it easier for small firms to compete with large firms.

22
mediumSubjective

Summarize five key differences between traditional business and e-business.

23
mediumSubjective

Analyze how the benefits of 'convenience' and 'speed' in e-business can fundamentally change consumer shopping habits.

24
mediumSubjective

Summarize three key benefits of e-business for a business organization.

25
mediumSubjective

Propose a strategy for a traditional retail store selling handmade crafts to mitigate the 'low personal touch' limitation when transitioning to an e-business model.

26
mediumSubjective

Critique the argument that the 'digital divide' is the single most severe limitation restricting the scope of e-business in rural areas.

27
mediumSubjective

Justify the classification of Intra-B commerce as a component of e-business rather than just an internal management tool.

28
mediumSubjective

Explain the concept of C2C commerce with an example.

29
mediumSubjective

Critique the view that traditional business is inherently superior to e-business for products requiring physical pre-sampling.

30
mediumSubjective

Contrast the concepts of e-business and e-commerce using an example of a car manufacturing company.

31
mediumSubjective

Critique the idea that e-business has made physical business locations completely obsolete.

32
mediumSubjective

Examine the 'incongruence between order taking/giving and order fulfillment speed' as a limitation of e-business.

33
mediumSubjective

Explain how e-business provides the benefit of 'global reach'.

34
mediumSubjective

Apply the concept of 'default on delivery' risk to a B2C transaction and suggest a way to mitigate it.

35
mediumSubjective

Examine the role of cryptography in securing online transactions.

36
hardSubjective

Design a basic framework for a C2C (Consumer-to-Consumer) platform for trading used academic textbooks, incorporating features to address transaction risks.

37
hardSubjective

Explain the four major types of e-business transactions based on the parties involved.

38
hardSubjective

Propose a comprehensive strategy for the government to overcome the 'digital divide' and promote e-commerce in rural India, based on the text.

39
hardSubjective

Formulate a policy for a company to address the ethical fallouts of monitoring employee emails and web usage, balancing security needs with employee privacy.

40
hardSubjective

Explain the difference between e-business and e-commerce.

41
hardSubjective

Explain any five limitations of conducting business in the electronic mode.

42
hardSubjective

Analyze the transaction risks a customer might face when purchasing from an unknown seller in a C2C e-commerce transaction and how a payment intermediary can solve this issue.

43
hardSubjective

Analyze how Intra-B commerce can enable a firm to achieve flexible manufacturing.

44
hardSubjective

Analyze how e-business provides a competitive advantage to small firms in the global marketplace.

45
hardSubjective

Evaluate the statement: 'The benefits of e-business, such as global reach and lower operating costs, significantly outweigh its limitations, like low personal touch and security risks, for a small startup.'