Free Emerging Modes of Business 02 Practice Test - 11th Grade - Commerce 

Question 1

Except for the last stage of online transaction, there is no flow of information. 

A.

True 

B.

False

SOLUTION

Solution : B

False. It is observed that the last stage of online transaction is related to final delivery, which requires no flow of information. All other stages have a flow of information. 

Question 2

___________________ is an online record of what a person has picked up while browsing the online store. 

A.

Payment mechanism 

B.

Cash on delivery 

C.

Registration 

D.

Shopping cart 

SOLUTION

Solution : D

Shopping cart is an online record of what a person has picked up while browsing the online store. 

Question 3

State True or False.  Raju was shopping shoes for himself, he just had to register on the app and he could choose from a few options of color and style. 

A.

True 

B.

False

SOLUTION

Solution : B

False.  Raju was shopping shoes for himself, he just had to register on the app and he could choose from a million options of color, style, size and so on.  

Question 4

 E-business has more payment modes as compared to traditional business. 

A.

True

B.

False

SOLUTION

Solution : A

True. E-business has more payment modes as compared to traditional business. It has cashless methods as well. 

Question 5

Rita wants to shop,  for her friend post work. She gets done really late from work and all the shops will be closed.  She needs to get a gift before she leaves for her friend's party the next day. Is it possible to shop online? 

A.

Yes 

B.

No

SOLUTION

Solution : A

Yes. It is possible for Rita to shop online and she will receive the product before she goes for her friend's party. The Internet offers the convenience of 24 hours X7 days a week X 365 days of the year. There is flexibility for an individual to shop.  

Question 6

The parties are involved in the electronic transactions from within a given business fir, hence they are known as _______________. 

A.

B2B Commerce

B.

Intra-B Commerce

C.

B2C Commerce

D.

C2C Commerce

SOLUTION

Solution : B

The parties are involved in the electronic transactions from within a given business fir, hence they are known as intra-B commerce. 

Question 7

The one in which a separate business is created is called _______________,  through a_____________which is door delivery. 

A.

outsourcing, third-party unit 

B.

outsourcing, captive unit 

C.

outsourcing, confidentiality 

D.

outsourcing, ethical- concern 

SOLUTION

Solution : B

The one in which a separate business is created is called outsourcing, through a captive unit which is door delivery.

Question 8

State True or False. India has already aligned their internal processes and practices to international standards such as ISO, CMM, Six Sigma, etc.

A.

False

B.

True

SOLUTION

Solution : B

True. India has already aligned their internal processes and practices to international standards such as ISO, CMM, Six Sigma, etc. which have helped establish India as a credible outsourcing destination.

Question 9

Outsourcing depends on sharing a lot of vital information and knowledge. If the outsourcing company leaks the information to the competitors then there won't be any future risk. Agree or disagree? 

A.

Agree

B.

Disagree

SOLUTION

Solution : B

Disagree. Outsourcing depends on sharing a lot of vital information and knowledge. If the outsourcing company leaks the information to the competitors then there will be a future risk. The competitor might start his /her own business. 

Question 10

Outsourcing facilitates inter-organizational knowledge sharing and collaborative learning. 

A.

True

B.

False

SOLUTION

Solution : A

True. Outsourcing facilitates inter-organizational knowledge sharing and collaborative learning. This explains why the firms today are outsourcing not only their routine but also non-core processes. They try to seel benefit from outsourcing such as strategic and core processes such as Research and Development. 

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