Question 1

Which of the following is not an advantage of e-business over traditional business?

Accepted Answer

Personal touch is generally absent in e-business, which is considered a limitation rather than an advantage. Traditional business offers face-to-face interaction and personal touch.

Question 2

B2C commerce stands for:

Accepted Answer

B2C stands for Business-to-Consumer, where business firms interact and conduct transactions with individual consumers.

Question 3

Payment for e-business transactions can be made through which of the following?

Accepted Answer

Credit cards, Debit cards, and Cash on Delivery (COD) are all common methods of payment in e-business transactions.

Question 4

Outsourcing includes which of the following services?

Accepted Answer

Outsourcing includes contracting out non-core business activities such as customer care, KPO (Knowledge Process Outsourcing), and courier services to third parties.

Question 5

Which of the following is not a limitation of e-business?

Accepted Answer

Global reach is an advantage of e-business, not a limitation. High risk, ethical issues, and lack of personal touch are limitations.

Emerging Modes of Business — MP Board Class 11 Business Studies Important Questions & Revision Notes