28 Questions
What type of business model is Amazon.com most likely an example of?
Virtual Marketplace
Which model primarily relies on banner ads for revenue?
Advertising Model
What does the PayPal model primarily focus on?
Transaction Broker
Which model involves wholesalers and retailers making sales on the web based on list prices or auctions?
Merchant Model
What type of advertising model does Google primarily use?
Web Advertising Model
Which business model involves assisting buyers and sellers to understand a market?
Infomediary Model
What is the main difference between e-commerce and e-business?
E-commerce involves buying and selling products electronically, while e-business encompasses the entire value chain of business processes.
Which term refers to automating business processes with the help of information systems?
Electronic Business
What aspect makes e-business more comprehensive than e-commerce?
E-business involves purchasing and supply chain management.
Which best describes the scope of e-business?
It involves various business processes across the entire value chain.
How is e-commerce viewed by the information technology industry?
As an electronic business application directed towards commercial transactions.
Why are electronic weighing scales preferred over manual weighing systems?
They are accurate and not susceptible to sleight of hand.
What is a major advantage of farmers being recognized as integral business partners in the supply process?
They get to access information through the portal to improve yields.
How does the direct procurement from the farmer benefit the processor?
Reduces transaction costs through more intermediaries.
Why are e-portal offerings preferred over products from village traders for farmers?
They offer a substantial cost reduction compared to local sources.
How has the direct interaction between processors and farmers impacted the agri-sector positively?
It has improved product quality and reduced handling losses.
Why has the area under soy cultivation increased while the total procurement at the mandis has decreased?
Direct procurement from farmers leads to a decrease in total procurement.
What did Dr. Andy Grove, Intel Chairman, predict about companies in the future?
They will all be Internet companies or they will be dead
Which of the following is NOT a definition of 'business' according to the Oxford English Dictionary?
a scientific theory
What is a necessary condition for a business to make a profit?
Having enough customers to whom its output can be sold on a consistent basis
What is a characteristic of a business, according to Wikipedia?
It is involved in the provision of goods and services to consumers
What type of business ownership is NOT mentioned in the Business Dictionary definition?
Foreign-owned
According to David A., what should a business have?
A defined strategy and a manager with sales and profit responsibility
What are the components of the Kiosk infrastructure in the village?
PC, UPS, Dot matrix printer, Telephone & Internet connectivity
What is the purpose of identifying a 'Prathinidhi' in the selected village?
To establish the Kiosk infrastructure
What are the benefits of training Prathinidhi and a group of farmers in PC operation and Portal use?
To empower farmers in decision making
What is the role of agents in the current procurement system?
To provide loans and manipulate prices
What are the disadvantages of the current procurement system for farmers?
All of the above
Explore the various definitions and aspects of business according to the Oxford English Dictionary. From a person's regular occupation to commercial activities, delve into the wide spectrum of meanings associated with the term 'business'.
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