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Questions and Answers
Which website is related to C2C?
Which website is related to C2C?
- www.etsy.com
- www.flipkart.com
- www.ebay.com (correct)
- www.amazon.com
What is the first step Abhay needs to follow when purchasing from www.flipkart.com?
What is the first step Abhay needs to follow when purchasing from www.flipkart.com?
- Browse the products
- Make the payment
- Add items to the cart
- Register with www.flipkart.com (correct)
Which shopping is from a traditional business?
Which shopping is from a traditional business?
- Purchase of watch from Amazon
- Purchase of watch from eBay
- Purchase of watch from Etsy
- Purchase of watch from Titan shop (correct)
Whose payment is faster?
Whose payment is faster?
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From the customer’s point of view, which business involved high risk?
From the customer’s point of view, which business involved high risk?
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Study Notes
E-commerce and Business Transactions Summary
- Abhay's C2C purchase was made on eBay.com, while Sheetal's B2C purchase was on www.flipkart.com
- Abhay needs to register with www.flipkart.com as the first step for his purchase
- Satvik's traditional business purchase was from Titan shop, while Shambhavi's e-business purchase was made online
- Online businesses involve high risk from the customer's perspective, while traditional businesses involve high risk from the business's perspective
- Mr. Ved made his payment by cheque, and Mr. Shlok made his payment by fund transfer
- Payment made by fund transfer is faster than payment made by cheque
- Mr. Ved's payment by cheque is related to traditional business
- Mr. Shlok's payment by fund transfer is related to e-business
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