M.com Part 1 (Semester 2) E- COMMERCE Most Important Question Bank for Current Exam Q.5. Highlight the challenges faced by e-commerce. ANS: A) Challenges for E-Commerce Firms 1) High rate of return of goods: E-commerce in India has many first time buyers. This means that they have not yet made up their mind about … Read more
M.com Part 1 (Semester 2) E- COMMERCE Most Important Question Bank for Current Exam Q,9 ALTERNATIVE MODELS OF B2B E-COMMERCE ANS: 1) Customer-Centric Model: In this model the company prefers to establish a long term profitable relationship with the customers even after the sale. The value of the customer remains the same; it doesn’t … Read more
M.com Part 1 (Semester 2) E- COMMERCE Most Important Question Bank for Current Exam Q.7 Discuss the characteristics of B2B model of e-commerce ANS: 1) Custom pricing features: With a B2C e-commerce website, pricing is usually simple as every customer gets the same price. B2B ecommerce websites, there might be different pricing for … Read more
M.com Part 1 (Semester 2) E- COMMERCE Most Important Question Bank for Current Exam Q.3. Describe scope of e-commerce. ANS: E-Commerce is a general concept covering any form of business transaction or information exchange executed using information and communication technologies ((ICT’s). It includes electronic trading of goods, services and electronic material. It takes place … Read more