This quiz works best with JavaScript enabled. Home > Cbse > Class 11 > Commerce > Business Studies > Class 11 Business Studies Chapter 5 Emerging Modes Of Business – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 5 Emerging Modes Of Business Quiz 2 (51 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. 'It has a wide reach as on one hand it allows the seller and access to the global market and on the other hand, it offers to the buyer, freedom to choose, products from almost any part of the world." Which benefit of e-business is described in above lines? A) EASE OF FORMATION. B) SPEED. C) CONVINIENCE. D) GLOBAL REACH. Show Answer Correct Answer: D) GLOBAL REACH. 2. For online transaction ..... is required A) Trading. B) Business. C) Registration. D) None. Show Answer Correct Answer: C) Registration. 3. Satvik purchase watch from Amazon webiste, it's example of A) Traditional business. B) E-business. C) Shopping at mall. D) None of the above. Show Answer Correct Answer: B) E-business. 4. Mr. Ramesh buys and sells shares and securities of various companies online, through a platform provided by the Bombay Stock Exchange. Mr. Ramesh is engaged in which of the following applications of e-business? A) E-procurement. B) E-trading. C) E-bidding. D) None of these. Show Answer Correct Answer: B) E-trading. 5. IT INVOLVES TRANSACTION TAKING PLACE BETWEEN BUSINESS AND CUSTOMERS A) B2B. B) INTRA-B COMMERCE. C) C2C. D) B2C. Show Answer Correct Answer: D) B2C. 6. In traditional business, the nature of contact with the suppliers and the customers is direct. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 7. Companies can conduct online surveys to ascertain as to who is buying what is an example of A) C2C. B) Intra B. C) B2C. D) B2B. Show Answer Correct Answer: C) B2C. 8. The various departments of a firm can constantly interact with each other for achieving efficiency in operations through the use of one of the following networks, A) Interanet. B) Intercom. C) Cell Phones. D) Internet. Show Answer Correct Answer: D) Internet. 9. In online shopping customer put all the products in A) Shopping Bag. B) Shopping mall. C) Shopping cart. D) Physical trolley. Show Answer Correct Answer: C) Shopping cart. 10. Which one of the following is not advantage of traditional business? A) Ease of going global. B) Direct interaction with customers. C) Opportunity for physical sampling of goods. D) Low transaction risk than e-business. Show Answer Correct Answer: A) Ease of going global. 11. Sanjay started manufacturing bolts for car doors and started selling it to Tata Motors. He is involved in A) B2C Commerce. B) B2B Commerce. C) C2C Commerce. D) Intra B Commerce. Show Answer Correct Answer: B) B2B Commerce. 12. Transaction risk is high when selling online. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 13. Intra B commerce includes A) Interaction between the different departments within the organization. B) Interaction between two business firms. C) Interaction between two customers. D) Interaction between business and customers. Show Answer Correct Answer: A) Interaction between the different departments within the organization. 14. Which of the following branch of police in specialised in dealing with crimes related to e-business? A) Civil branch. B) Crime branch. C) Civil branch. D) Cyber crime branch. Show Answer Correct Answer: D) Cyber crime branch. 15. ..... warehouse provide facilities for perishable commodities. A) Bonded. B) Government. C) Cold Storage. D) Duty Paid. Show Answer Correct Answer: C) Cold Storage. 16. The dimension of e-business that allows the customers to stay-in-touch with the business round the clock is A) B 2 B. B) B 2 E. C) C 2 C. D) C 2 B. Show Answer Correct Answer: D) C 2 B. 17. Out of e-commerce and e-business, which is a broader term? A) E-commerce. B) E-business. C) Both e-business and e-commerce are the same thing. D) None of these. Show Answer Correct Answer: B) E-business. 18. Nature of communication in E-Business is non-hierarchial. A) True. B) False. C) Sometimes. D) None of the above. Show Answer Correct Answer: A) True. 19. FULL FORM OF VIRUS A) VITAL INFORMATION UNDER SIEGE. B) VARIOUS INFORMATION UNDER SIEGE. C) VALUABLE INFORMATION UNDER SIEGE. D) VITAL INFORMATION UNDER SEEK. Show Answer Correct Answer: A) VITAL INFORMATION UNDER SIEGE. 20. Purchase of bike by Aman from Akshay using online Bikes 24 app is an example of C2C transaction. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 21. The volume of B2B transaction is much ..... than the volume of B2C transactions. A) Lower. B) Higher. C) Both a and b. D) None of the above. Show Answer Correct Answer: B) Higher. 22. ABC Ltd. is specialized in consultancy service. The company make software for a reputed bank of USE. It is also specialized in making accounts of that bank. To carry on this work. ABC Ltd. hired professionals like engineers, CA, etc., who are very competent in providing such service. (a) Name the kind of business carried by ABC Ltd. A) CPO. B) DPO. C) KPO. D) APO. Show Answer Correct Answer: C) KPO. 23. ..... transactions have business firms at one end and its customers on the other end. A) C2C Commerce. B) B2C Commerce. C) B2B Commerce. D) All of the above. Show Answer Correct Answer: B) B2C Commerce. 24. C2C commerce is best suited for dealing in goods A) For which there is no established market. B) Which can not be sold through stores. C) Which are considered harmful for the society. D) Which are of low standards. Show Answer Correct Answer: A) For which there is no established market. 25. Job work is an example of: A) Outsourcing. B) E-business. C) C2C commerce. D) B2B commerce. Show Answer Correct Answer: A) Outsourcing. 26. Business Cycle is short in traditional business A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 27. Your friend has joined as a manager in a company where conduct of Industry, trade and commerce is done using the computer network. Out of the following options which is the right term to explain the a foresaid company? A) E-business. B) E-commerce. C) E-trade. D) None of the above. Show Answer Correct Answer: A) E-business. 28. WHICH IS NOT A BENEFIT OF E-BUSINESS? A) EASE OF FORMATION. B) CONVENIENCE. C) SPEED. D) ETHICAL FALLOUTS. Show Answer Correct Answer: D) ETHICAL FALLOUTS. 29. Marketing manager Sushil instructed his team to research and find out about the new car model the company had introduced. They found that customers were not happy about the comfortability of car seats. Sushil reported this to the production team through company mail. This is known as A) Administrative mailing. B) Intra B Commerce. C) Intra Communication. D) Intra Commerce. Show Answer Correct Answer: B) Intra B Commerce. 30. B2C variant of e-commerce enables a business to be in touch with its ..... A) Customers. B) Managers. C) Employees. D) Creditors. Show Answer Correct Answer: A) Customers. 31. WHICH OF THE FOLLOWING IS NOT A RISK IN ONLINE TRADING? A) PRIVACY RISK. B) TRANSACTION RISK. C) CASH ON DELIVERY. D) DATA STORAGE RISK. Show Answer Correct Answer: C) CASH ON DELIVERY. 32. An electronic facility of transferring funds through the internet is ..... transfer. A) Cash. B) Credit. C) Net Banking. D) None of the above. Show Answer Correct Answer: C) Net Banking. 33. Sonali always listens to radio while driving to office on a daily basis. One of the main reasons is that she gets live update on traffic jam. This is an example of A) B2B Commerce. B) C2C Commerce. C) B2C Commerce. D) C2B Commerce. Show Answer Correct Answer: B) C2C Commerce. 34. This not an advantage of outsourcing A) Low manpower cost,. B) Security threat. C) Knowledge sharing. D) Increased Productivity. Show Answer Correct Answer: B) Security threat. 35. The term outsourcing has more popularly came to be associated with A) Business process outsourcing. B) Job-work. C) Knowledge process outsourcing. D) Legal process outsourcing. Show Answer Correct Answer: A) Business process outsourcing. 36. The full form of VIRUS is Vital Information Resource Under Security A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 37. You ordered a book online. After waiting for few days you enquired at the customer care service.You were annoyed to listen that the goods were delivered but you never received. If the goods are delivered at wrong address this is regarded as A) Default on order taking. B) Default on order giving. C) Default on delivery. D) None of these. Show Answer Correct Answer: C) Default on delivery. 38. IT IS NOT AN APPLICATION OF E-BUSINESS A) ONLINE BIDDING. B) ONLINE TRADING. C) CONTRACT R & D. D) ONLINE PROCUREMENT. Show Answer Correct Answer: C) CONTRACT R & D. 39. Name the types of e-business transactions in the following case.Airtel conducts surveys to rate customer satisfaction for their complaint lodged. A) B2C. B) C2C. C) Intra-B. D) C2B. Show Answer Correct Answer: A) B2C. 40. Online buying and selling shares and other financial instruments are known as A) E-Trading. B) E-Delivery. C) E-Procurement. D) E-Auction. Show Answer Correct Answer: A) E-Trading. 41. Shoppers stop has a customer care center which caters to all needs of customers. They also conduct surveys regularly to ask the preference of customers so as to stock goods accordingly. This is a type of A) C2C Commerce. B) Intra B commerce. C) B2C Commerce. D) B2B Commerce. Show Answer Correct Answer: C) B2C Commerce. 42. Which one of the four is not a key segment of outsourcing? A) Contract registration. B) Contract informatics. C) Contract manufacturing. D) Contract research. Show Answer Correct Answer: A) Contract registration. 43. Here, parties involved in the electronic transactions are from within a given business firm, hence, the name is ..... A) Intra-A Commerce. B) Intra-C Commerce. C) Intra-B Commerce. D) Intra-D Commerce. Show Answer Correct Answer: C) Intra-B Commerce. 44. HACKING IS AN EXAMPLE OF: A) TRANSACTION RISK. B) DATA STORAGE RISK. C) INTELLECTUAL PROPERTY AND PRIVACY RISK. D) ALL OF THE ABOVE. Show Answer Correct Answer: B) DATA STORAGE RISK. 45. Both buyers and sellers are customers under ..... type of e-business transaction A) C2C Commerce. B) C2B Commerce. C) B2B Commerce. D) B2C Commerce. Show Answer Correct Answer: A) C2C Commerce. 46. E-business is more comprehensive than e-commerce as e-business includes not only e-commerce but also comprises of various other business transactions and functions conducted electronically A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 47. Maintaining Inventory in a company through computer software and it's management is an example of A) E-business. B) E-trading. C) E-commerce. D) E-Administration. Show Answer Correct Answer: A) E-business. 48. The transaction taking place between business and customers are known as ..... transactions. A) B2C. B) B2B. C) C2C. D) None of these. Show Answer Correct Answer: A) B2C. 49. Digital cash is electronic currency that exist only in cyberspace and has no physical existence A) True. B) False. C) Both. D) None. Show Answer Correct Answer: A) True. 50. Traditional business does not includes A) Warehousing. B) Less investment. C) Communication. D) Transportation. Show Answer Correct Answer: B) Less investment. 51. The term bank comes from the French word ..... A) Bench. B) Breach. C) Banque. D) Banco. Show Answer Correct Answer: D) Banco. ← PreviousRelated QuizzesCommerce QuizzesClass 11 QuizzesClass 11 Business Studies Chapter 5 Emerging Modes Of Business Quiz 1Class 11 Business Studies Chapter 1 Business, Trade And Commerce QuizClass 11 Business Studies Chapter 10 International Business QuizClass 11 Business Studies Chapter 2 Forms Of Business Organisation QuizClass 11 Business Studies Chapter 3 Private, Public And Global Enterprises QuizClass 11 Business Studies Chapter 4 Business Services QuizClass 11 Business Studies Chapter 6 Social Responsibilities Of Business And Business Ethics QuizClass 11 Business Studies Chapter 7 Sources Of Business Finance Quiz 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books