Q.2 Ecommerce

Q.2 True / False
1.      E-commerce provides opportunities to new market segment & easier entry into new market. – True (mar - 2010)
2.      In E- commerce time required to conduct business transaction is more.- False (M-2010)
3.      In E-commerce 24 hours service is available for all 7 days.- Ture
4.      E-commerce is very reliable.- False (M-2010,11)
5.      EDI includes pre-sale phase of trade cycle.- False (M-2014,15,17)
6.      There are no government rules & regulations in E-commerce.- True (M-2010,13)
7.      Pre-sale phase includes search and negotiation.- True (M-2012,14)
8.      Services of E-commerce are not reliable.- True (M-2011)
9.      E-commerce speeds up traditional methods.- True (M-2010)
10.  E-commerce stands for Economics Commerce.- False (M-2013,14)
11.  E-commerce eliminates human errors and duplication of records. – True (M-2010)
12.  Late deliveries are driving people closer to e-commerce. – False
13.  Internet e-commerce is only one part of the overall sphere of e-commerce. – True
14.  EDI requires printed orders and invoices.- False (M-2010,11)
15.  EDI requires invoices. – False (M-2010,12)
16.  Internet commerce is mapped with all the phases of trade cycle.- True (M2016,17)
17.    Reduction in search cost is one of the advantages of EDI. – True (M-2014)
18.  Internet can be used for purchase of books that are then delivered by post. – True
19.  EDI reduces data entry errors. – True (M-2011,12)
20.  EDI is referred as paperless technology of e-commerce . – True (M-2015,16)
21.  Electronic market is the virtual representation of logical market. – False

22.  Electronic market provides the facility to search for the required product or service. – True (M-2016)

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