Explain the scope of e-business. | Class 11 Business Studies Chapter Emerging Modes of Business, Emerging Modes of Business NCERT Solutions

Question:

Explain the scope of e-business.

Answer:

The scope of e-business includes:

  • B2B (Business-to-Business): Transactions between businesses, like wholesalers selling to retailers.
  • B2C (Business-to-Consumer): Businesses selling directly to customers via online platforms.
  • Intra-Business Commerce: Internal transactions within a company, such as supply chain management.
  • C2C (Consumer-to-Consumer): Transactions between consumers, facilitated by platforms like eBay. E-business also encompasses online banking, digital marketing, and electronic fund transfers, highlighting its expansive reach and diverse applications.


< Previous Question

Next Question >

Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

  • Read the question carefully and focus on the core concept being asked.
  • Reference examples and data from the chapter when answering questions about Emerging Modes of Business.
  • Review previous year question papers to get an idea of how such questions may be framed in exams.
  • Practice answering questions within the time limit to improve your speed and accuracy.
  • Discuss your answers with your teachers or peers to get feedback and improve your understanding.

Comments

Comment(s) on this Question

Welcome to the NCERT Solutions for Class 11 Business Studies - Chapter . This page offers a step-by-step solution to the specific question from Extra Questions, Question 5: Explain the scope of e-business.....

Chapters for Class 11 Business Studies

Subjects for Class 11


Notice: Undefined index: pageType in /var/www/html/ss_beta/saralstudy/ss_new/web/template/common/class_sidebar.php on line 45

Students Also Read

Important links

Quick Links

Resources

Support