11th Grade > Business Studies
EMERGING MODES OF BUSINESS MCQs
:
C
Some individuals like to clear the payment once the goods have been received, which was purchased online.This is known as cash-on-delivery.
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D
Use of the internet has considerably reduced dependence on paperwork and the attendant 'red tape'.
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C
In traditional business, opportunity for physical pre-sampling of a product is much more to that of e-business.
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B
Outsourcing refers to a long-term contracting out generally the non-core activities and of late even some of the core activities of a captive or third-party specialist with a view of benefitting from their experience, expertise, efficiency and even investment.
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A
The cost of setting up an E-business is low.
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A
Firm that outsources seek to lower their costs. The try to get the most efficient manpower available.
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A
A trade association of software and service companies has come up with some major reasons behind India’s success in IT outsourcing industry is known as National Association of Software and Services Companies
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B
The hired party service providers are the persons/firms which specialize in some processes such as Human Resource Management and hence provide their services to a wide base of clients, cutting across different industries. Such service providers are called horizontals.
:
A
True. India is a preferred destination for global outsourcing of research and development, manufacturing, software development and IT-enabled services. It is due to the large-scale availability of required manpower which is at a low cost.
:
A
True. Due to outsourcing, there has been an emergence of new categories groceries, healthcare etc. There has been new opportunities in the market.