Chapter 5: Emerging Modes of Business — Online MCQ Test
BUSINESS STUDIES · CLASS 11 FIRST PUC · Karnataka State Board
Practice Chapter 5: Emerging Modes of Business with a free chapter-wise online MCQ test.
This chapter covers: Focusing on modern business practices this chapter details e-business scope benefits implementation requirements online transactions and Business Process Outsourcing BPO..
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Chapter 5: Emerging Modes of Business — Important Questions & Answers
What does the term 'e-business' primarily refer to?
- A. Only buying and selling goods through the internet
- B. Conducting business using electronic networks, especially the internet
- C. Using computers only for office records
- D. Advertising products through television only
Answer: B. Conducting business using electronic networks, especially the internet
E-business includes all business activities conducted with the help of electronic networks, not just online buying and selling.
E-business includes all business activities conducted with the help of electronic networks, not just online buying and selling.
Which of the following is a major benefit of e-business?
- A. Limited market reach
- B. 24×7 availability
- C. Higher paperwork requirement
- D. Need for physical presence always
Answer: B. 24×7 availability
E-business allows customers and businesses to transact at any time, making it available round the clock.
E-business allows customers and businesses to transact at any time, making it available round the clock.
Which of the following is NOT an advantage of e-business?
- A. Faster communication
- B. Reduced transaction cost
- C. Wider market reach
- D. Dependence on manual paperwork
Answer: D. Dependence on manual paperwork
E-business reduces paperwork through electronic processing; dependence on manual paperwork is not an advantage.
E-business reduces paperwork through electronic processing; dependence on manual paperwork is not an advantage.
A retailer wants to reduce operating costs and reach customers in remote areas. Which mode is most suitable?
- A. Door-to-door selling only
- B. E-business through an online platform
- C. Only local newspaper advertising
- D. Wholesale distribution without internet
Answer: B. E-business through an online platform
E-business helps reduce certain costs and extends market reach to customers in distant locations.
E-business helps reduce certain costs and extends market reach to customers in distant locations.
Which option correctly matches the concept with its example?
- A. E-business — purchasing raw materials online
- B. BPO — a company handling its own payroll internally
- C. Online transaction — cash payment at delivery only
- D. Electronic data interchange — exchange of business documents through electronic means
Answer: D. Electronic data interchange — exchange of business documents through electronic means
Electronic Data Interchange (EDI) refers to the electronic exchange of business documents like orders and invoices between firms.
Electronic Data Interchange (EDI) refers to the electronic exchange of business documents like orders and invoices between firms.