Q.Study the following case/situation and express your opinion:
Mr. Suresh made his payment by chaque. At the same time, Mr. Saksham made his payment by fund transfer:
Whose payment is faster?
Whose payment is related to traditional business?
Whose payment is related to e-business?

True — e-business lets you operate worldwide across many fields.

E-business means conducting business activities — buying, selling, servicing customers and dealing with partners — electronically over the internet. Because the internet has a global reach and is available round the clock, e-business is free from the limits of physical location, distance and time. A business can therefore serve customers anywhere in the world, and it can operate in a wide range of fields such as retailing, banking, educat …

The mismatched pair is (c) B2G - Alibaba, because Alibaba is a business-to-business (B2B) platform, not a business-to-government (B2G) one.

In the emerging service business chapter of the Tamil Nadu HSC Commerce syllabus, e-commerce is classified by the parties involved, with standard example sites:

• C2B (Consumer to Business) – Monster.com, where individuals offer services/profiles to businesses. Correctly matched, so (a) is right.
• C2C (Consumer to Consumer) – OLX, where consumers buy and sell to one another. Correctly matched, so (d) is right. …

During online shopping, selected items are placed in the shopping cart before checkout.

In e-business/online shopping, a shopping cart is a software feature on a shopping website that acts like a virtual basket or trolley.

How it works:

• As the customer browses, he adds the products he wants to buy into the shopping cart.
• The cart holds these items temporarily and shows their quantity and total price.
• The customer can review, add or remove items before finalising the purchase. …

The correct sequence in online buying is Registration, Placing an order, Cash on delivery.

The steps in online shopping (e-buying) follow this order:

1. Registration – The customer first creates an account on the shopping website by giving basic details.
2. Placing an order – The customer selects products, adds them to the cart and confirms the order. …

The answer is option (c) Wholesaler to Retailer (W2R), which is not a recognised e-commerce model.

E-commerce is classified into domains/models according to the type of parties involved in the online transaction. The standard models are:

• B2B — Business to Business
• B2C — Business to Consumer (Customer)
• C2C — Consumer to Consumer
• C2B — Consumer to Business …

The correct answer is (a) E-Commerce. E-commerce means conducting the buying and selling of goods and services electronically over a network like the internet.

In the Tamil Nadu HSC Commerce syllabus, emerging service businesses include electronic trade:

• E-commerce (electronic commerce) specifically means buying and selling of goods and services, and the transfer of money and data, through an electronic network — typically the internet. This is precisely what the question describes.
• Internet is only the network or medium that makes e-commerce possible — it is not itself the act of buying and selling. …