CBSE · Class 11 · Business Studies · Emerging Modes of BusinessE-business is broader than e-commerce because e-business includes:
Step-by-Step Solution
E-business includes not just buying and selling (e-commerce), but also other business functions like production, inventory management, product development, and accounting conducted electronically.
Detailed Options Breakdown
Option : Only buying and selling of goods
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Emerging Modes of Business.
Option 1: Only financial transactions
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Emerging Modes of Business.
Option 2: Inter-firm transactions only
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Emerging Modes of Business.
Option 3: All business functions conducted over the internet (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
💡 Study Guide: This question tests core syllabus concepts from Emerging Modes of Business. For formulas, key summaries, and mock exam reference guides, read the full Emerging Modes of Business Revision Notes.