Emerging modes of business Quiz-4
- Get link
- X
- Other Apps
Emerging modes of business Quiz-4
Quiz
- Which of the following is a key feature of outsourcing?
- Maintaining full control over the outsourced tasks
- Reducing the need for communication and collaboration
- Delegating specific tasks to external service providers
- Eliminating the need for any initial investment
- What is the scope of e-business?
- Limited to online advertising
- Exclusively focused on social media marketing
- Involves all aspects of business conducted electronically
- Restricted to in-person sales only
- What does "EDI" stand for in the context of e-business scope?
- Electronic Data Integration
- Electronic Delivery Interface
- Efficient Data Integration
- Electronic Document Interchange
- Which aspect of e-business can enhance customer interactions and engagement compared to traditional business?
- Limited access to customer feedback
- Lack of direct communication channels
- Real-time customer support and online chats
- Dependence on traditional advertising
- What is outsourcing?
- Hiring temporary employees
- Contracting a third-party to perform specific tasks or functions
- Expanding the in-house team
- Centralizing all business operations
- What is the meaning of e-commerce?
- Exclusively physical retail stores
- Electronic buying and selling of goods and services
- Traditional mail-order businesses
- Brick-and-mortar establishments
- Which of the following is NOT a component of e-commerce?
- In-person sales at a physical store
- Online product delivery
- Online payment processing
- Digital advertising
- Which type of outsourcing involves contracting a third-party to manage an entire business process?
- Insourcing
- Offshoring
- Business Process Outsourcing (BPO)
- Crowdsourcing
- Which business model involves individuals selling products or services to other individuals online?
- B2B e-commerce
- B2C e-commerce
- C2B e-commerce
- C2C e-commerce
- Which of the following is a primary advantage of e-business over traditional business?
- Limited reach and market exposure
- High overhead costs
- Instant global market access
- Reduced need for digital marketing
- What type of risk arises when an outsourcing provider fails to meet agreed-upon service levels?
- Financial risk
- Competitive risk
- Reputational risk
- Market expansion risk
- What is the main objective of encryption in e-business security?
- Filtering incoming network traffic
- Monitoring user behavior
- Protecting sensitive data from unauthorized access
- Improving website performance
- Which security term refers to the practice of tricking individuals into revealing confidential information, such as passwords or credit card numbers?
- Hacking
- Spoofing
- Phishing
- Firewalling
- What is the main challenge faced by traditional businesses in terms of market reach?
- Inability to personalize customer experiences
- Difficulty in building physical stores
- Limited geographic reach
- Dependency on online advertising
- What is the primary advantage of traditional business over e-business in terms of customer experience?
- Greater convenience for customers
- Enhanced personalization and customization
- Lower prices and discounts
- Limited product variety
- Which business model allows customers to browse, select, and purchase products entirely online?
- B2C (Business-to-Consumer)
- B2B (Business-to-Business)
- C2C (Consumer-to-Consumer)
- C2B (Consumer-to-Business)
- What is the potential risk associated with outsourcing related to data security and confidentiality called?
- Insourcing risk
- Strategic risk
- Security risk
- Outsourcing risk
- Which of the following is an example of a strong password?
- "123456"
- "MyDog'sName123"
- "Password"
- "qwerty"
- Which component of e-business involves the exchange of goods and services online?
- E-commerce
- E-marketing
- E-branding
- E-advertising
- What is the primary reason for outsourcing?
- Incurring higher operational costs
- Maintaining complete in-house control
- Gaining access to specialized skills and resources
- Minimizing the need for managerial oversight
- Get link
- X
- Other Apps
Comments