E-Commerce Overview Quiz

Credit cards, debit cards, smart cards, electronic fund transfer via bank's website, and other modes of electronics payment

Electronic Data Interchange (EDI), Electronic Mail (e-mail), Electronic Bulletin Boards, Electronic Fund Transfer (EFT), Other Network-based technologies

E-commerce automates the business of enterprises and the way they provide services to their customers. It is available anytime, anywhere.

<p>E-commerce increases the reach of advertising of products and services of businesses. It helps in better marketing management of products/services.</p> Signup and view all the answers

<p>Using e-commerce, orders for the products can be generated anytime, anywhere without any human intervention. It gives a big boost to existing sales volumes.</p> Signup and view all the answers

<p>E-Commerce addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery.</p> Signup and view all the answers

<p>Expansion to national and international markets, cost reduction, improved brand image, better customer services, simplified business processes, increased productivity, and support for 'pull' type supply management.</p> Signup and view all the answers

<p>E-commerce automates inventory management and generates reports instantly when required, making product inventory management efficient and easy to maintain.</p> Signup and view all the answers

<p>Traditional commerce heavily depends on person-to-person information exchange, synchronous communication/transactions, and manual intervention. In contrast, e-commerce makes little dependency on person-to-person information exchange, allows asynchronous communication/transactions, and automates communication and transactions.</p> Signup and view all the answers

<p>E-commerce makes information sharing easy via electronic communication channels, reducing dependency on person-to-person information exchange and providing a universal platform for information.</p> Signup and view all the answers

<p>E-commerce provides faster, efficient, and reliable communication with customers and partners, enhancing pre-sales and post-sales assistance.</p> Signup and view all the answers

<p>E-commerce provides a universal platform to support commercial/business activities across the globe, allowing organizations to expand their market to national and international markets with minimum capital investment.</p> Signup and view all the answers

<p>E-commerce allows consumers to access information at one place, provides a platform for commercial activities, and offers easier and efficient transactions.</p> Signup and view all the answers

<p>E-commerce reduces the paperwork by digitizing information, thereby reducing the cost to create, process, distribute, retrieve, and manage paper-based information.</p> Signup and view all the answers

<p>'Pull' type supply management in e-commerce refers to a business model where the demand from the consumer triggers production and supply, as opposed to traditional 'push' type supply management.</p> Signup and view all the answers

<p>E-commerce enables organizations to easily locate more customers, best suppliers, and suitable business partners across the globe.</p> Signup and view all the answers