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Ecommerce Short Questions

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0% found this document useful (0 votes)
39 views5 pages

Ecommerce Short Questions

Uploaded by

Prabesh Thapa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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JavaScript is a lightweight, interpreted programming language primarily used for

client-side web development, enabling dynamic and interactive elements on web


pages.

Java is a high-level, object-oriented programming language used for building


platform-independent applications, including desktop, web, and mobile
applications.

A firewall is a network security device which filters and controls incoming and
outgoing network traffic based on predefined rules to prevent unauthorized access
and enhance network security.

Electronic Data Interchange is the direct exchange of data and important business
documents through the Internet in a very professional manner

S.No
. E-COMMERCE E-BUSINESS

E-Commerce refers to the


performing online
commercial activities, E-Business refers to performing all type of
01. transactions over internet. business activities through internet.

E-Commerce is a narrow
concept and it is considered E-Business is a broad concept and it is
02. as a subset of E-Business. considered as a superset of E-Commerce.

Commercial transactions are Business transactions are carried out in e-


03. carried out in e-commerce. business.

In e-commerce transactions
04. are limited. In e-business transactions are not limited.

It includes activities like procurement of


It includes activities like raw materials/goods, customer education,
buying and selling product, supply activities buying and selling
making monetary transactions product, making monetary transactions etc
05. etc over internet. over internet.
It requires the use of multiple websites,
It usually requires the use of CRMs, ERPs that connect different
06. only a website. business processes.

It involves mandatory use of It involves the use of internet, intranet or


07. internet. extranet.

E-commerce is more
appropriate in Business to E-business is more appropriate in Business
08. Customer (B2C) context. to Business (B2B) context.

E-Commerce covers
outward/external business E-Business covers internal as well as
09. process. external business process/activities.

Phishing attack is a type of social engineering attack where attackers pretend to


be trustworthy sources to trick people into sharing their personal or financial
information.

The domain name system (DNS) is a naming database in which internet domain
names are located and translated into Internet Protocol (IP) addresses.

A domain name is the unique address that internet users enter into a web browser
to access a website.

A URL (Uniform Resource Locator) is a unique identifier used to locate a resource


on the Internet.

Affiliate marketing is a marketing arrangement where individuals or businesses


promote products or services of another company and earn a commission for each
sale or action that results from their promotional efforts.

Trademark protect your brands.

Patent protects your invention.


Six demographic factors to consider while learning online consumer behavior:
 Age
 Gender
 Income Level
 Education Level
 Geographic location
 Occupation

the decision to build or outsource an e-commerce application depends on factors


such as your organization's technical expertise, available resources, time
constraints, cost considerations, scalability needs, maintenance capabilities, and
strategic focus.

business strategy in e-commerce involves the plan and actions taken to position the
company in the online marketplace, gain a competitive advantage, attract and
retain customers, and drive profitability

Types of Business Strategy


Differentiation
Cost-Competition
Scope
Focus/Market Niche

Moral dimensions refer to the ethical considerations and principles that guide
human behavior and decision-making

A small electronic card with an embedded microchip used for secure online
transactions, providing enhanced security and protection against fraud.

Direct Email Marketing

Sending targeted promotional messages directly to individuals via email to build


relationships, promote products or services, and drive desired actions.

Copyright law is a legal framework that grants exclusive rights to creators and
owners of original creative works

Internet: Global network of interconnected computers and devices for sharing


information.

WWW (World Wide Web): System for accessing and navigating web pages on the
Internet.
Limitations of Today’s Internet:
 Limited access
 Security Threats and Privacy Concern
 Digital Divide
 Control and Centraligation of internet service by dominant company.

EFT ( Electronic Funds Transfer) refers to the electronic transfer of funds from one
bank account to another, typically used for online payments in ecommerce
transactions.

Digital marketing is the practice of promoting products or services with the help of
digital devices and technology.

Search engine optimization (SEO) is the process of improving the quality and
quantity of website traffic to a website or a web page from search engines.

What do you mean by procurement?

Procurement (or purchasing) is the process for an organization to obtain products


or services from external parties (market supply) to ensure that production and
business activities are smoothly carried out.

Intellectual property rights (IPR) refers to the legal rights given to the inventor or
creator to protect his invention or creation for a certain period of time.

Ecommerce security and fraud protection refer to the measures and practices
implemented to safeguard online transactions, customer data, and sensitive
information from unauthorized access, fraud, and other security threats

Advantages of ecommerce
 Reduced overhead costs
 No need for a physical storefront
 Ability to reach broader audience
 Scalability
 Track Logistics

Disadvantages of Ecommerce
 Potential security threats
 Competition
 Limited connection with customers
 Technology illiteracy
B2B exchanges are online platforms for businesses to buy and sell
products/services and conduct transactions with each other.

Eight key elements of Business Model


 Value Proposition
 Market Opportunity
 Revenue Model
 Competitive Advantages
 Competitive Environment
 Market Strategy
 Organigational Development
 Management Team

A revenue model refers to the strategy and approach a company uses to generate
revenue from its online business operations.
 Sales Revenue Model
 Advertising Revenue Model
 Subscription Revenue Model
 Affiliate Marketing Model

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