5 Questions
What is the first step Abhay needs to follow when purchasing from www.flipkart.com?
Register with www.flipkart.com
Which shopping is from a traditional business?
Purchase of watch from Titan shop
Whose payment is faster?
Mr. Shlok's payment by fund transfer
From the customer’s point of view, which business involved high risk?
Online business
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
Test your knowledge of different types of e-commerce websites and their related business models with this quiz. Learn about C2C and B2C transactions and the initial steps involved in making a purchase online.
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