Flashcards
E-Commerce and E-Governance Part 1
Cards in this deck (41)
- 1E-Commerce stands for ___________Electronic Commerce.
- 2commerce is nothing but ________ and________ of goods.buying ,selling
- 3What is commerceWhen we buy a product or service from others or sell a product or service to others is called a commerce
- 4Definition of E-Commerceprocess of buying and selling of goods or services using an electronic medium such as Internet.”
- 5E-Commerce became possible in______when the Internet was opened to commercial use.1991
- 6E-commerce is also referred as a_____________paperless exchange
- 7Points of Advantages of E-Commerce :• Global reach :
• Electronic transaction :
• Cost Saving :
•Accessibility
• Anytime shopping :
• No intermediaries :
•Public services : - 8Define Global reach :• E-commerce provides the sellers with a global reach.
• Now Sellers and buyers can connect online from anywhere in the world, without location being a barrier. - 9Define Electronic/online transaction• E-commerce reduces the paper work and significantly lower the transaction cost.
•E-Commerce enables the use of credit cards, debit cards, online bank transfer etc - 10Define Cost Saving• E-commerce provides users with more options to compare and select the cheaper and better option.
- 11Define AccessibilityE-commerce has enabled
rural areas to access services and products, which are otherwise not available to them. - 12Define Anytime shoppingOne great advantage is convenience, as customers can shop 24/7 since the website is always functional and has no fixed working hours like a physical store.
- 13Define No intermediariesElectronic commerce also allows the customer and the business to be in touch directly, without any intermediaries.
This allows for quick communication and transactions. - 14Define Public servicesE-commerce helps the government to deliver public services such as healthcare, education, social services at a
reduced cost and in an improved manner. - 15Points of Disadvantages of E-Commerce● Setup Cost :
● Physical presence :
● Security :
● Goods Delivery : - 16Define Setup Cost● The setup of the hardware and the software.
● The training cost of employees, the constant maintenance and upkeep
are all quite expensive. - 17Define Physical presenceThis lack of a personal touch can be a
disadvantage for many types of services and products like interior
designing or the jewellery business. - 18Define SecuritySecurity is another area of concern. Credit card theft, identity theft etc. remain big concerns with the customers.
- 19Define Goods DeliveryProblems with order fulfillment, such as shipping delays, delivery issues, or mix-ups, can occur even after an order is placed, leaving customers unhappy and dissatisfied.
- 20Name type of E-commerceBusiness - to - Consumer (B2C)
Business - to - Business (B2B) :
Consumer - to - Business (C2B) : - 21In ________model, business sells it’s products directly to a customer.B2C
- 22What is the process of B2CWrite in your own words how you buy a product form e-commerce website like amazon
- 23In__________ , business sells it’s products to an intermediate buyer who then sells the product to the final customer.B2B model
- 24What is the process of B2BWrite in your own words like how a wholesaler place buy product in large amount and sell it to their customer
like amazon or even tizzy cloud - 25________ model, where consumers have products or services of value that can be consumed by businesses.(C2B)
- 26What is the process of C2BWrite in your own word how blogger or youtuber review product or service which than the organization can sponsor the blogger or vlogger for post about their service or product
- 27What is E-commerce Trade cycle consist of step by step1.Pre sales
2.Execution
3.Settlement
4.After-Sales - 28What is Pre sales consists of1.Search
2.Negotiate - 29What is Execution consists of1.Order
2.Deliver - 30What is Settlement consists of1.Invoice
2.Payment - 31What is After-Sales consists ofAfter-Sales Services
- 32What are modes of payment1.Credit cards
2.Mobile Payment
3.Bank Transfer
4.E-wallets - 33What are types of Forms of E-commerceM-commerce (Mobile commerce)
Social Commerce - 34What is M-commerceExplain Mobile commerce in your own words ,experience of buying and selling goods and service through smartphone
- 35What is Social commerceExplain in your own words how social media is use to selling product and service through social media
ex-influencer, entrepreneur - 36What is E-commerce Technology
- 37What is full form of EDIElectronic Data Interchange
- 38What is EDIEDI is the electronic interchange of business information using a
standard format; a process which allows one company to send
information to another company electronically rather than on paper - 39Business entities conducting business electronically are called _________trading partners.
- 40Many business documents can be exchanged using EDI, two most common documents are ___________and_________purchase orders
invoices. - 41It is ____________interchange of strictly formatted documents via telecommunications or physically transported on electronic storage media.computer-to-computer
Information
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- XII IT Flashcards on E-Commerce and E-Governance Part 1, created by Sachin Tamhankar on 10/03/2025.
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- Sachin Tamhankar
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