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What is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e‐commerce or commerce‐related activities?

What is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e‐commerce or commerce‐related activities? Correct Answer Electronic marketplace

Electronic marketplace is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e‐commerce or commerce‐related activities.

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India's first gas exchange, the Indian Gas Exchange (IGX), was launched as a wholly owned subsidiary of Indian Energy Exchange. Which of the following statements are correct? 1. It is a digital trading platform that will allow buyers and sellers to trade both in the spot market and in the forward market for imported natural gas. 2. It will allow trade across three hubs - Dahej and Hazira in Gujarat and Kakinada in Andhra Pradesh. 3. Imported Liquified Natural Gas (LNG) will be regassified and sold to buyers through the exchange, removing the requirement for buyers and sellers to find each other. 4. Only inter-governmental trade in domestically produced natural gas is allowed at the gas exchange. Select the correct answer using the code given below:
For perfect competition, indicate the correct answer for essential conditions from the following.
1. Large number of buyers and sellers
2. Perfect knowledge of the market
3. Homogeneous product for sale
4. Absence of transportation cost
5. Freedom of entry and exit of buyers and sellers from the market
6. Rational Behaviour of buyers and sellers
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.
Which of the following is not an agreement in restraint of trade?
1. A sells the goodwill of his business with an agreement not to carry on a similar business within specified local limits, so long as the buyer carries on a similar business.
2. A sells the goodwill of his business with an agreement not to carry on a similar business within India, so long as the buyer carries on a similar business.
3. A sells the goodwill of his business with an agreement not to practice the same trade for 25 years.
4. A sells the goodwill of his business with an agreement not to engage in any business competing or liable to compete in any way with the business for the time being carried on by the buyer.
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: Chat bots and other interfaces are saving employees and HR heads time for more productive activities by providing information and replies to diverse queries or concerns. A few years ago, business communication was driven by multiple faxes in a day and emails were the only quick mode of exchanging information. This information went through the organisation's who's who, while the others were mostly engaged in the daily rut of redundant activities, preventing them from directing their capabilities towards more productive areas. Which of the following arguments brig out the idea that introduction of chat bots and other interfaces is not helping in boosting up the processes? Arguments: I. Using these conversational interfaces, HR departments are successfully aligning themselves with the swiftly-changing organisational processes. These platforms represent people friendly technologies that keep employee experience at the centre, continuously evolving with them.  II. HR technologies are increasingly using advanced machine learning for measuring and analysing workforce engagement. Sentiment analysis is a unique way of gauging an employee's disposition towards the organisation, providing valuable insights essential for improving productivity and predicting attrition rates.  III. The seamless experience chat bots provide makes employees focus on activities that require critical abilities and strategic thinking. Besides enabling HR processes such as generating leave applications and reimbursement forms, the use of chatbots provides quick and smooth access to data from anywhere, anytime. 
In the question below, a statement is given, 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: Led by a strong response to its first super sports utility vehicle Urus, Italian sports car maker Lamborghini is likely to more than double its volumes in India by the end of 2019, a year ahead of its plan, and cross the milestone of 50-60 vehicles per annum. The company, which began deliveries for Urus in India in September, said the vehicle is already booked for the coming six-nine months in India much like the global markets, and it will help Lamborghini get new. customers into its fold. Courses of action: I. The company is planning not to increase the price of its vehicle despite significant rupee depreciation and wants to protect the attractive price of Urus for prospective buyers.  II. The super sports utility vehicle will drive volumes, super sports cars such as Huracan and Aventador will grow by 8-10%. The company feels an 8-10% growth in the segment is a realistic expectation in spite of the challenges.  III. More than 68% of Urus buyers are first-time Lamborghini buyers and makers are sure that this will have a positive rub-off effect on the super sports car segment too.
Consider the following statements for the perfect market. Which of the following statement(s) is/are correct?
1. All the buyers and sellers have freedom to make entry or exit at any time in the market.
2. There are a large number of small undifferentiated buyers.
3. A single price prevail in the market.
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?
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 question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: The domestic equity market has become supervolatile  and converted the psychology of every market participant into fear. Greed and fear continue to alternate in the market, like the two sides of a coin. To a seasoned player, there seems to be nothing new as such instances of panic-selling often occur time and again. Why? Arguments: I. Since demonetisation, herd mentality had jacked up financials, banks and NBFC stocks to great heights on the pretext of financial inclusion and formalisation of the economy. This caused the financials gain disproportionate share in Nifty50 at 35 per cent of the free float market capitalisation, which was unheard of in the past.  II. The domestic market seems to be deeply oversold and can rebound on any good news. The Nifty50 has taken long-term support at the three-year trend line, which makes a case for the correction to near its end. III. Investors, therefore, should not panic and sell off shares. Instead they should do the reverse and gather the courage to pump in more money into the market by picking quality stocks or investing in ETFs for more stable returns.