Questions and answers for exam Preparation

MCQs

Total Questions : 19 | Page 2 of 2 pages

Question 11. In Contractual Phase

the buyer and seller are concerned with the gathering of market intelligence.
a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.
this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).
deals with the delivery of goods and/or the performance of services. In addition, some post-delivery functions may be involved, in particular inspection, and acceptance or rejection.

Discuss Question

Answer: Option B. -> a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.

Question 12. It refers to a particular family of standards for expressing the structured data that represent electronic commerce transactions; and ‘electronic auctions for a particular set of mechanisms for setting prices.

Electronic data interchange (EDI)
Electronic Publishing
Electronic Services Delivery (ES(D)
None of these

Discuss Question

Answer: Option A. -> Electronic data interchange (EDI)

Question 13. A computer can be joined to more than one network through

Gateways
Passages
Connector
None of these

Discuss Question

Answer: Option A. -> Gateways

Question 14. In Settlement Phase

the goods or services are paid for. Relevant transactions include invoicing, payment authorisation, payment, and remittance advice transmission.
the buyer and seller are concerned with the gathering of market intelligence.
a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.
this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).

Discuss Question

Answer: Option A. -> the goods or services are paid for. Relevant transactions include invoicing, payment authorisation, payment, and remittance advice transmission.

Question 15. In Logistics Phase

the buyer and seller are concerned with the gathering of market intelligence.
a formal relationship is established between buyer and seller, including terms and conditions to be applied to transactions under the contract.
this involves the placement and processing of purchase orders (or, in contractual terms, an offer), and acknowledgement by the seller of its preparedness to deliver (in contractual terms, an acceptance).
deals with the delivery of goods and/or the performance of services. In addition, some post-delivery functions may be involved, in particular inspection, and acceptance or rejection.

Discuss Question

Answer: Option D. -> deals with the delivery of goods and/or the performance of services. In addition, some post-delivery functions may be involved, in particular inspection, and acceptance or rejection.

Question 16. The examples of TCP/IP are

HTTP (Hyper-Text Transfer Protocol)
FTP (File Transfer Protocol),
SSH (Secure SHell)
All the above

Discuss Question

Answer: Option D. -> All the above

Question 17. Services are referred as

an identifiable physical entity
an act, which is ‘performed’.
(A) and (B) both false
(A) and (B) both true

Discuss Question

Answer: Option B. -> an act, which is ‘performed’.

Question 18. An audio-file downloaded over the Internet is

a physical good
a digital good
(A) is true, (B) is false
(A) and (B) both true

Discuss Question

Answer: Option B. -> a digital good

Question 19. Electronic catalogues referred to

The conduct of business with the assistance of telecommunications and telecommunications-based tools
The conduct of commerce in goods and services, with the assistance of telecommunications and telecommunications-based tools
It refers to means whereby sellers can communicate their offerings to potential buyers
None of these

Discuss Question

Answer: Option C. -> It refers to means whereby sellers can communicate their offerings to potential buyers