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Which of the following describes e‐commerce?

Which of the following describes e‐commerce? Correct Answer Doing business electronically

Doing business electronically describes e‐commerce. E-commerce (EC), an abbreviation for electronic commerce, is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.

Related Questions

Consider the following statements with reference to the Freedom of trade, commerce and intercourse within India: 1. Article 301 declares that trade, commerce and intercourse throughout the territory of India shall be free. 2. Parliament can impose restrictions on the freedom of trade, commerce and intercourse between the states or within a state in the public interest. 3. The freedom under this provision is not confined to interstate trade, commerce and intercourse but also extends to intra-state trade, commerce and intercourse. Which of the following statements is/are correct?
The biggest difference between traditional commerce and E-commerce is accessibility. With traditional commerce, your reach and accessibility are only as far as the furthest customer is willing to travel to your business. And they must do so only during designated business hours. With an E-commerce store, you’re open 24/7/365 — including holidays. Your customer reach is no longer local or regional, it becomes national and possibly even international. Assuming the information mentioned above is correct, which of the following is true?
Study the following information carefully and answer the given questions. For a recruitment process in an ACCOUNTING organization, the candidates need to possess the following qualifications criteria: i) He/she must be a graduate in commerce with at least 60% marks. ii) He/she must be at least 24 years of age and not more than 40 years as of 1-7-2016. iii) He/she must have post-qualification work experience of at least 2 years. iv) He/she should have secured 55% marks in the selection process. However, if the candidate fulfills the above-mentioned criteria except: (A) at (i), and if the candidate is not a graduate in commerce but has a post-graduation degree in finance with a minimum of 60% marks, he/she should be referred to the Finance Manager of the organization. (B) at (iii), and if the candidate fulfills all the eligibility criteria of post-qualification work experience but has secured 75% marks in the selection process, he/she may be referred to the Trainee Accountant. Based on the above information, study carefully whether the following candidates are eligible for the recruitment process and mark your answer as follows. You are not to assume anything other than the information provided in each question. All the cases are given to you as of 1-7-2016. Snehlata’s date of birth is 6.2.1990. She has done her graduation and post-graduation in Commerce and secured 61% and 63% marks respectively. She has post-qualification work experience as a Senior Accountant of 3.5 years. She has secured 58.5% marks in the selection process.
Read the information given below carefully and answer the given questions. For the recruitment process in an accounting organization, the following eligibility criteria are required for the candidates: i) Graduation in Commerce with minimum 60% marks. ii) At least 24 years and not more than 40 years of age as of 1-7-2016. iii) Candidates should have at least 2 years of work experience after education. iv) They should have secured 55% marks in the selection process. However, if the candidate fulfills the above criteria, except: (A) In case of (i), if the candidate is not a graduate in commerce but has a master's degree in finance with 60% marks, he/she should approach the Institute of Finance Management. (B) In case of (iii), if the candidate fulfills the eligibility criteria of at least 2 years work experience after education, not only that he has secured 75% marks in the selection process, he/she may be referred for Trainee Accountant. Based on the above information decide whether the following candidates are eligible in the selection process, and select the appropriate option. You do not have to think about anything other than the information given in the question. All the cases given to you are dated 1-7-2016. Anurag Kumar has 6 years of work experience after education. His birthday is 05-4-1992. He has scored 62% marks in the selection process. He has done his graduation in commerce and has scored 76% marks.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Walmart has been eyeing Indian markets for years now – and its $16 billion worth majority stake in Flipkart has finally given it the opportunity it was looking for to bring its retail business to India. If Walmart were to build its own e-commerce network in the large and diverse Indian market, it would undoubtedly face many challenges. Since, Walmart isn’t an established e-commerce player, the option of growing by way of acquiring is attractive, allowing Walmart to profit from Flipkart’s presence and build on efficiency and scale in e-commerce.  Courses of action: I. Walmart’s leverage will allow the company to globally source cheap resources and sell their products into India at deep discounts. II. To compete with Walmart at competitive prices, sellers will have to operate at the same scale, which will be beyond the reach reach of many.  III. Walmart presently has a very small presence in India and Flipkart’s market share while significant, is not deemed large enough to cause concern to competition.
A committee of 3 students is to be formed from Arts and commerce course. Number of students in arts and commerce course is 12 and 16.The number of possible ways of a committee from the commerce course is what percent of the number of possible ways of committee contains 3 students  from the Arts course.
The students of science commerce and arts are in a ratio 2 : 3 : 2. If the pass percentage of commerce is 40% and the total students passing in commerce are 12, find the total students combined of all three sections.
S1: Ingratitude stings strongest where relationship is closest.
P: Expectation turns innocent relationship into commerce.
Q: Human relationship is adulterated with sly commerce.
R: In commerce, of course, give and take is understood.
S: Most relationships are founded on mutual expectations.
S6: From any warm and healthy human relationship expectation of returns has to be weeded out.

The Proper sequence should be:
Study the following information carefully and answer the given questions. For a recruitment process in an ACCOUNTING organization, the candidates need to possess the following qualifications criteria: (i) He/she should be a graduate in commerce with at least 60% marks. (ii) He/she should be of at least 24 years of age and not more than 40 years as of 1-7-2016. (iii) He/she should have post-qualification work experience of at least 2 years. (iv) He/she should have secured 55% marks in the selection process. However, if the candidate fulfills the above-mentioned criteria except: (A) at (i), and if the candidate is not a graduate in commerce but has a post-graduation degree in finance with a minimum of 60% marks, he/she should be referred to the Finance Manager of the organization. (B) at (ii), and if the candidate fulfills all the eligibility criteria but of post-qualification work experience but has secured 75% marks in the selection process, he/she may be referred to the Trainee Accountant. Based on the above information, study carefully whether the following candidates are eligible for the recruitment process and mark your answer as follows. You are not to assume anything other than the information provided in each question. All the cases are given to you as of 1-7-2016. Mamatha has done graduation in Mechanical Engineering with 59% marks. Her date of birth is 3.5.1991. She is qualified in the selection process and has secured 45% marks in it. She also has two years of post-qualification work experience.
There are 3 badminton players in each stream-Commerce, Science and Arts. A, B and C are from Commerce. P, Q and R are from Science. J, K and L are from Arts. A team of 4 badminton players are to be sent for a tournament with following conditions: (i) There must be at least one student from each stream. (ii) P will not go with Q or R. (iii) A and C will always go together. (iv) K and L will always go together. Which of the following combinations of players is a possible combination for the tournament?