Podcast
Questions and Answers
What is a primary feature that differentiates e-commerce from traditional commerce?
What is a primary feature that differentiates e-commerce from traditional commerce?
- E-commerce can be conducted any time day or night. (correct)
- E-commerce operates based on a fixed schedule.
- E-commerce involves local market limitations.
- E-commerce requires face-to-face interaction.
How does e-commerce reduce transactional costs compared to traditional commerce?
How does e-commerce reduce transactional costs compared to traditional commerce?
- By eliminating the need for physical stores. (correct)
- By increasing paperwork and documentation.
- By requiring cash payments.
- By allowing only face-to-face negotiations.
What mode of payment is NOT commonly associated with e-commerce?
What mode of payment is NOT commonly associated with e-commerce?
- Mobile payment options.
- Cash. (correct)
- Credit cards.
- Debit cards.
Which of the following is a benefit of e-commerce over traditional commerce?
Which of the following is a benefit of e-commerce over traditional commerce?
Which statement accurately reflects the scope of e-commerce?
Which statement accurately reflects the scope of e-commerce?
What is a notable advantage of e-commerce for rural customers?
What is a notable advantage of e-commerce for rural customers?
What is considered a primary document used in EDI?
What is considered a primary document used in EDI?
What characterizes the delivery of goods in traditional commerce compared to e-commerce?
What characterizes the delivery of goods in traditional commerce compared to e-commerce?
Which of the following best describes e-commerce interactions?
Which of the following best describes e-commerce interactions?
Which of the following best describes social commerce?
Which of the following best describes social commerce?
Which aspect is NOT part of SMART governance in e-governance?
Which aspect is NOT part of SMART governance in e-governance?
What is a primary advantage of e-governance?
What is a primary advantage of e-governance?
How is the success of a social commerce campaign typically measured?
How is the success of a social commerce campaign typically measured?
What does G2B stand for in the context of e-governance?
What does G2B stand for in the context of e-governance?
Which of the following is a feature of e-governance?
Which of the following is a feature of e-governance?
What technological approach does e-governance primarily utilize?
What technological approach does e-governance primarily utilize?
What is a common disadvantage of e-commerce related to employee training?
What is a common disadvantage of e-commerce related to employee training?
Which risk is a primary concern in e-commerce regarding transactions?
Which risk is a primary concern in e-commerce regarding transactions?
How does the physical presence of businesses influence e-commerce?
How does the physical presence of businesses influence e-commerce?
In which e-commerce model does a business sell products directly to the consumer?
In which e-commerce model does a business sell products directly to the consumer?
What can typically lead to customer dissatisfaction in e-commerce?
What can typically lead to customer dissatisfaction in e-commerce?
Which of the following accurately describes the B2B e-commerce model?
Which of the following accurately describes the B2B e-commerce model?
What is one major challenge faced by e-commerce businesses related to order fulfillment?
What is one major challenge faced by e-commerce businesses related to order fulfillment?
What distinguishes online retailers like Amazon and Flipkart in e-commerce?
What distinguishes online retailers like Amazon and Flipkart in e-commerce?
What is the primary purpose of a digital signature?
What is the primary purpose of a digital signature?
What is a Digital Certificate commonly referred to as?
What is a Digital Certificate commonly referred to as?
Which method of encryption is typically used in creating a digital signature?
Which method of encryption is typically used in creating a digital signature?
Which of the following is NOT a phase in the trade cycle of E-Commerce?
Which of the following is NOT a phase in the trade cycle of E-Commerce?
In what context is Electronic Data Interchange (EDI) primarily used?
In what context is Electronic Data Interchange (EDI) primarily used?
Which of the following refers to the selling of goods and services directly to consumers via the internet?
Which of the following refers to the selling of goods and services directly to consumers via the internet?
Which payment mode is NOT commonly used in E-Commerce transactions?
Which payment mode is NOT commonly used in E-Commerce transactions?
Which form of E-Commerce involves transactions between consumers?
Which form of E-Commerce involves transactions between consumers?
Which type of E-Governance allows citizens to access public services?
Which type of E-Governance allows citizens to access public services?
What protects confidential information in E-Commerce?
What protects confidential information in E-Commerce?
Which phase of the trade cycle involves invoice and payment?
Which phase of the trade cycle involves invoice and payment?
Which E-Governance type focuses on government interactions with businesses?
Which E-Governance type focuses on government interactions with businesses?
What type of financial account does an E-wallet represent?
What type of financial account does an E-wallet represent?
Which service is part of G2E in E-Governance?
Which service is part of G2E in E-Governance?
What aspect of E-Commerce can the lack of personal touch negatively impact?
What aspect of E-Commerce can the lack of personal touch negatively impact?
EDI is primarily used for which type of exchange?
EDI is primarily used for which type of exchange?
Study Notes
E-Commerce
- E-commerce is the buying and selling of goods and services online.
- E-commerce is accessible anytime, anywhere.
- Popular payment methods in e-commerce include credit cards, mobile payments, bank transfers, and e-wallets.
- Common types of e-commerce include business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer (C2C), and consumer-to-business (C2B).
- E-commerce offers a global reach, reduced paperwork, lower transaction costs, and greater convenience.
- Disadvantages of e-commerce include setup costs, a lack of a personal touch, security concerns, and potential issues with goods delivery.
- M-commerce is a subset of e-commerce that involves conducting business transactions via mobile devices.
- Social commerce is the use of social media platforms to promote and sell products and services.
- Electronic Data Interchange (EDI) is a technology for exchanging information between businesses electronically.
E-Governance
- E-governance is the application of information technology in government processes to improve efficiency, transparency, and accountability.
- E-governance aims to deliver services in a simple, moral, accessible, responsive, and transparent manner.
- Types of e-governance include Government-to-Citizen (G2C), Government-to-Business (G2B), Government-to-Government (G2G), and Government-to-Employee (G2E).
- G2C services include license renewals, tax payments, and access to public information.
- E-governance reduces corruption, promotes transparency, increases convenience, and fosters direct citizen participation.
E-Commerce Security
- Security is critical in e-commerce to protect sensitive information.
- Encryption methods commonly used include symmetric (shared-secret) and asymmetric (public-key) techniques.
- Digital Signatures are used to verify document authenticity and integrity.
- Digital Certificates provide electronic identification and authentication for individuals and organizations.
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Description
Explore the essential concepts of e-commerce, including its benefits and challenges. This quiz covers different types of e-commerce, payment methods, and the impact of mobile and social commerce. Test your knowledge on how online transactions reshape the marketplace.
