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Essentials of E Question Paper

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1st Sessional Examination 2023-2024

B.com 2nd Semester


Essentials of E-commerce

1) What does "B2B" stand for?


a) Buy to Buy
b) Business to Business
c) Business to Buyer
d) Buyer to Business

2) Which of the following is an example of e-commerce?


a) Sending emails
b) Ordering groceries online
c) Writing a letter
d) Making a phone call

3) Which benefit is associated with e-commerce?


a) Increased operational costs
b) Limited market reach
c) Lower transaction costs
d) Slower communication

4) What is a key advantage of B2B e-commerce?


a) Direct interaction with end consumers
b) Reduced complexity in transactions
c) Limited market reach
d) Slow adoption rate

5) Which of the following is NOT an advantage of e-commerce?


a) Global reach
b) Limited operating hours
c) Cost reduction
d) Enhanced customer experience

6) What is a characteristic of B2B e-commerce?


a) Business-to-Consumer transactions
b) Small order quantities
c) Long negotiation processes
d) High visibility products

7) Which statement best describes the importance of e-commerce?


a) It limits market expansion opportunities
b) It decreases customer engagement
c) It provides convenience and accessibility
d) It increases geographical constraints

8) What is a key benefit of B2B e-commerce for businesses?


a) Limited access to suppliers
b) Increased transaction costs
c) Streamlined procurement process
d) Reduced scalability
9) Which factor contributes to the growth of e-commerce?
a) Restricted payment options
b) Limited product variety
c) Advancements in technology
d) Higher prices compared to physical stores

10) What is a significant advantage of B2B e-commerce for suppliers?


a) Limited market exposure
b) Decreased order volume
c) Enhanced relationship management
d) Higher transaction costs

11) Which of the following is a benefit of e-commerce for consumers?


a) Limited product information
b) Reduced convenience
c) Higher prices
d) Access to a wide range of products

12) What is a challenge faced by B2B e-commerce?


a) Complex supply chain management
b) Limited competition
c) Low transaction volume
d) Inefficient customer service

13) How does e-commerce benefit businesses in terms of market reach?


a) By restricting customer access
b) By limiting geographical boundaries
c) By enabling global expansion
d) By reducing online visibility

14) What is a characteristic of B2B e-commerce transactions?


a) Small order sizes
b) Direct sales to consumers
c) Long-term contracts
d) Rapid decision-making processes

15) Which aspect of e-commerce enhances customer satisfaction?


a) Limited product availability
b) Slow delivery times
c) Personalized shopping experiences
d) Lack of customer support

16) What is a benefit of B2B e-commerce for buyers?


a) Reduced negotiation opportunities
b) Increased transaction complexity
c) Lower procurement costs
d) Limited supplier choices
17) Which factor contributes to the importance of e-commerce for businesses?
a) Limited scalability
b) Decreased competition
c) 24/7 availability
d) Higher operational costs

18) What is a key advantage of B2B e-commerce for manufacturers?


a) Decreased efficiency
b) Limited market research
c) Improved inventory management
d) Higher distribution costs

19) How does e-commerce benefit businesses in terms of customer engagement?


a) By reducing interaction opportunities
b) By limiting feedback channels
c) By enabling personalized communication
d) By increasing response times

20) What is a challenge faced by B2B e-commerce platforms?


a) Limited security concerns
b) Reduced customization options
c) Inefficient data management
d) Shorter lead times

21) Which statement best describes the importance of e-commerce for small businesses?
a) It increases operational costs
b) It limits market reach
c) It enables global expansion
d) It reduces customer accessibility

22) What is a characteristic of successful e-commerce platforms?


a) Limited payment options
b) Slow website loading times
c) Intuitive user interface
d) High shipping costs

23) How does B2B e-commerce impact supply chain management?


a) It increases complexity
b) It reduces transparency
c) It streamlines processes
d) It limits collaboration

24) What is a benefit of e-commerce for businesses in terms of market research?


a) Limited access to customer data
b) Higher research costs
c) Enhanced data collection capabilities
d) Decreased customer insights

25) Which factor contributes to the importance of e-commerce for large corporations?
a) Limited scalability
b) Decreased operational efficiency
c) Enhanced competitiveness
d) Higher transaction costs

26) What is a key advantage of B2B e-commerce for wholesalers?


a) Reduced order volume
b) Increased lead times
c) Enhanced inventory management
d) Limited product variety

27) How does e-commerce benefit businesses in terms of overhead costs?


a) By increasing expenses
b) By limiting cost-saving opportunities
c) By reducing infrastructure expenses
d) By raising production costs

28) What is a challenge faced by B2B e-commerce in terms of payment processing?


a) Limited security concerns
b) Lengthy payment cycles
c) Inefficient fraud detection
d) Higher transaction fees

29) Which statement best describes the importance of e-commerce for startups?
a) It restricts market entry
b) It limits innovation opportunities
c) It enables cost-effective growth
d) It increases resource dependency

30) What is a characteristic of successful B2B e-commerce platforms?


a) Limited customization options
b) Slow order processing
c) Seamless integration with ERP systems
d) High shipping costs
31) How does e-commerce benefit businesses in terms of customer retention?
a) By limiting loyalty programs
b) By decreasing customer satisfaction
c) By enabling targeted marketing campaigns
d) By reducing customer engagement

32) What is a key advantage of B2B e-commerce for distributors?


a) Reduced supply chain visibility
b) Increased lead times
c) Enhanced order accuracy
d) Limited product availability

33) How does e-commerce benefit businesses in terms of inventory management?


a) By decreasing inventory turnover
b) By limiting access to real-time data
c) By enabling better demand forecasting
d) By reducing stockouts

34) What is a challenge faced by B2B e-commerce in terms of logistics?


a) Limited shipping options
b) Inefficient order fulfillment
c) Higher transportation costs
d) Faster delivery times

35) Which statement best describes the importance of e-commerce for established companies?
a) It limits market expansion opportunities
b) It reduces brand visibility
c) It enables diversification
d) It decreases customer loyalty

36) What is a characteristic of successful e-commerce businesses?


a) Limited customer engagement
b) Slow response times
c) Effective digital marketing strategies
d) Inflexible pricing models

37) How does e-commerce benefit businesses in terms of scalability?


a) By limiting growth opportunities
b) By reducing flexibility
c) By enabling rapid expansion
d) By increasing operational complexity

38) What is a challenge faced by B2B e-commerce in terms of customer service?


a) Limited communication channels
b) Inefficient order tracking
c) Higher response times
d) Reduced product information

39) Which statement best describes the importance of e-commerce for brick-and-mortar stores?
a) It limits competition
b) It decreases foot traffic
c) It enables omnichannel retailing
d) It restricts sales opportunities
40) What is a characteristic of successful B2B e-commerce transactions?
a) Limited order customization
b) Slow payment processing
c) Efficient invoice management
d) High transaction costs

41) How does e-commerce benefit businesses in terms of customer acquisition?


a) By reducing marketing opportunities
b) By limiting brand exposure
c) By enabling targeted advertising
d) By decreasing website traffic

42) What is a key advantage of B2B e-commerce for manufacturers?


a) Increased production costs
b) Limited market reach
c) Enhanced supply chain visibility
d) Reduced product quality

43) How does e-commerce benefit businesses in terms of data analytics?


a) By limiting access to customer insights
b) By reducing data collection capabilities
c) By enabling better decision-making
d) By decreasing data accuracy

44) What is a challenge faced by B2B e-commerce in terms of website design?


a) Limited user experience optimization
b) Slow website loading times
c) Ineffective navigation structure
d) Lack of mobile responsiveness

45) Which statement best describes the importance of e-commerce for manufacturers?
a) It limits production capacity
b) It restricts market access
c) It enables direct sales to consumers
d) It decreases product visibility

46) What is a characteristic of successful e-commerce marketing strategies?


a) Limited social media presence
b) Ineffective search engine optimization
c) Personalized content creation
d) Lack of customer engagement

47) How does e-commerce benefit businesses in terms of customer feedback?


a) By limiting feedback channels
b) By reducing customer interaction
c) By enabling real-time feedback collection
d) By decreasing feedback relevance
48) What is a key advantage of B2B e-commerce for retailers?
a) Increased inventory turnover
b) Limited access to supplier networks
c) Reduced customer loyalty
d) Enhanced product customization

49) How does e-commerce benefit businesses in terms of brand visibility?


a) By limiting exposure opportunities
b) By decreasing online presence
c) By enabling global reach
d) By reducing marketing efforts

50) What is a challenge faced by B2B e-commerce in terms of regulatory compliance?


a) Limited security concerns
b) Inefficient data protection measures
c) Complex taxation requirements
d) Lack of industry standards

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