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E-Commerce
True and False Section
(Q1) In E-commerce scope is local.
Answer:-
FALSE
(Q2) In E-Commerce time required is more as compare to traditional commerce.
Answer:-
FALSE
(Q3) In traditional commerce scope is global.
Answer:-
FALSE
(Q4) E-commerce is fully service oriented.
Answer:-
TRUE
(Q5) E-Commerce provides opportunities to new market segment and easier entry into new market.
Answer:-
TRUE
(Q6) E-Commerce provides opportunities to new market segment and easier entry into new market.
Answer:-
TRUE
(Q7) E-commerce is modern business methodology.
Answer:-
TRUE
(Q8) E-Commerce speeds up traditional method.
Answer:-
TRUE
(Q9) E-commerce eliminates human errors and duplication of records.
Answer:-
TRUE
(Q10) Late deliveries are driving people closer to E-Commerce.
Answer:-
FALSE
(Q11) Online transaction is known as E-Commerce.
Answer:-
TRUE
(Q12) E-service means service is made available through web.
Answer:-
TRUE
(Q13) Password is authentication mechanism.
Answer:-
TRUE
(Q14) In B2C buyers and sellers are both business entities.
Answer:-
FALSE
(Q15) B2B model is commonly known as EDI.
Answer:-
TRUE
(Q16) Online auction is common example of C2C model.
Answer:-
TRUE
(Q17) In B2C model customer gets service and warranty claims.
Answer:-
TRUE
(Q18) After sales services are the parts of settlement phase of trade cycle.
Answer:-
FALSE
(Q19) EDI does not require printed order and invoice.
Answer:-
TRUE
(Q20) EDI means paperless trading.
Answer:-
TRUE
(Q21) EDI cannot be used to transmit financial information and payment in electronic form.
Answer:-
FALSE
(Q22) EDI is commonly applied to execution and settlement phase of trade cycle.
Answer:-
TRUE
(Q23) EDI works under ANSI system.
Answer:-
TRUE
(Q24) EDI increases the processing time of trade cycle.
Answer:-
FALSE
(Q25) EDI stands for Electronic Data Interface.
Answer:-
FALSE
(Q26) EDI means Electrical Data Interchange.
Answer:-
FALSE
(Q27) EDI requires the co-operation and active participation of trading partners.
Answer:-
TRUE
(Q28) Electronic transactions drastically increase the time spent to transfer the data.
Answer:-
FALSE
(Q29) EDI helps to reduces paper work.
Answer:-
TRUE
(Q30) In EDI, the two business pass information electronically to each other?
Answer:-
TRUE