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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