Question

1). State and describe any three cities as popular hubs of business during ancient India.

2). What is meant by departmental undertaking? State its two merits.

3). Explain concept of B2B Commerce with suitable example.
Or
Explain concept of C2C Commerce with suitable example.

4). Give any three limitations of e-business.
Or
Give any three benefits of e-business.

5). Binod wants to do business with a handloom producing company from a traditional Indian Company called ‘Akritti Kala Kendra’. Binod wants to buy products on credit basis. This company still deals in ‘Hundi’ as they follow traditional methods of business. Explain to Binod different types of Hundi (any four).
Or
Business is an organised institution that operates to provide goods and services under the incentive of private gain’. Discuss this by explaining the features of Business.

Answer 1

Explanation:

E business;

The current industrial age in which we are living is referred as digital age because it is the time of digital technologies, cloud solutions, internet and IoT.  

And in today's age, to be competitive over others, it is important to gain edge in digital solutions and that's why E-commerce industry is the new trend now. This is also being adapted by women entrepreneurs because it is easier to manage such task from home or remotely. All you need is a computer with an internet, there is no need to keep heavy stocks just some intelligent understanding of this business