Emerging Modes of Business Class 11 MCQ Questions are covered in this Article. Emerging Modes of Business Class 11 MCQ Questions Test contains 40 questions. Answers to MCQs on Emerging Modes of Business Class 11 Business Studies are available after clicking on the answer. These MCQ have been made for Class 11 students to help check the concept you have learnt from detailed classroom sessions and application of your knowledge.
Emerging Modes of Business Class 11 MCQ Questions – Business Studies
1. Which term is wider e-business or e-commerce:
a) E-commerce
b) E-business
c) Both are same
d) None of the above
Answer
Answer: B) E-business
2. E-business is defined as the conduct of industry, trade and commerce using the_________:
a) Internet
b) Social network
c) Society
d) All of the above
Answer
Answer: A) Internet
3. E-business includes:
a) E-commerce
b) Human resource management
c) Inventory management
d) All of these
Answer
Answer: D) All of these
4. In a B2B transaction both the parties involved are:
a) Business firms
b) Customers
c) Wholesaler
d) Business firm and customer
Answer
Answer: A) Business firms
5. What is the full form of EDI:
a) Electronic Data Interrupts
b) Electronic Document Interchange
c) Electronic Data Interchange
d) Ethical Data Interchange
Answer
Answer: C) Electronic Data Interchange
6. In a B2C business transaction which parties are involved:
a) Only business firms
b) Only customers
c) Both business and customer
d) Third party and customer
Answer
Answer:C) Both business and customer
7. One of the benefits of a B2C business transaction is:
a) It is easy to conduct
b) Business can know the satisfaction level of customers
c) Business can be in touch with their customers 24*7
d) All of these
Answer
Answer: D) All of these
8. ‘Internet is truly without boundaries.’ Which benefit of e-business is highlighted in this statement?
a) Convenience
b) Global reach
c) Speed
d) All of these
Answer
Answer: B) Global reach
9. Three strongest trends that are shaping business are:
a) Digitisation, outsourcing and internationalisation and globalisation
b) Digitisation, outlooking and internationalisation and globalisation
c) Internationalisation and globalisation, privatisation and digitalisation
d) Privatisation, globalisation and liberalisation
Answer
Answer: A) Digitisation, outsourcing and internationalisation and globalisation
10. Withdrawal of money from ATM is an example of_______type of transaction:
a) B2B
b) B2C
c) intra-B
d) C2C
Emerging Modes of Business Class 11 MCQ Questions – Business Studies
Answer
Answer: B) B2C
11. In an intra-B transaction parties involved are:
a) Customers
b) Business firms and customers
c) Within a business firm
d) Business firm and society
Answer
Answer: C) Within a business firm
12. Chirag decided to sell his old books to his friend’s brother, Ashish. This is a__________transaction:
a) B2B
b) B2C
c) Intra-B
d) C2C
Answer
Answer: D) C2C
13. Service provided by e-bay is an examples of:
a) B2B
b) B2C
c) C2C
d) Intra-B
Answer
Answer: C) C2C
14. Which of the following is a limitation of e-business:
a) Need for technology capability and competence of parties to e-business
b) Ethical fallout
c) Low personal touch
d) All of these
Answer
Answer: D) All of these
15. Which business is easy to setup e-business or traditional business:
a) E-business
b) Traditional business
c) Both are easy to set up
d) Both are difficult to set up
Answer
Answer: A) E-business
16. A firm’s electronic transactions and networks are extending into___directions:
a) 4
b) 6
c) 3
d) 2
Answer
Answer: C) 3
17. What do you mean by the term B2B transaction:
a) Business to business transaction
b) Business to customer transaction
c) Customer to customer transaction
d) None of these
Answer
Answer: A) Business to business transaction
18. Which of the following is a benefit of e-business:
a) Convenience
b) Speed
c) Ease of formation
d) All of the above
Answer
Answer: D) All of these
19. What is the full form of COD
a) Cash on Delivery
b) Code on Delivery
c) Commitment on Delivery
d) Cash on Discount
Answer
Answer: A) Cash on Delivery
20. The payment mechanism typical to e-business is:
a) Cash on Delivery
b) Credit card
c) Debit card
d) Both B and C
Emerging Modes of Business Class 11 MCQ Questions – Business Studies
Answer
Answer: D) Both B and C
21. PayPal is an example of
a) B2B Commerce
b) B2C Commerce
c) Intra B Commerce
d) C2C Commerce
Answer
Answer: D) C2C Commerce
22. E-business is easier to form because:
a) The investment required for starting e-business is less
b) It does not require a separate physical place to operate
c) Less net worth required
d) All of these
Answer
Answer: D) All of these
23. The time taken to complete a cycle from the origin of demand to its fulfilment is called:
a) Demand time
b) Cycle time
c) Fulfilment time
d) None of these
Answer
Answer: B) Cycle time
24. Which of the following is a benefit of e-business:
a) Low personal touch
b) Ethical fallout
c) People resistance
d) None of these
Answer
Answer: D) None of these
25. Traditional 3Rs refers to:
a) Read, right and ring
b) Right, restrict and write
c) Reading, writing and arithmetic
d) Reading, writing and ringing
Answer
Answer: C) Reading, writing and arithmetic
26. How is e-business considered as environment friendly:
a) Because there is more use of internet
b) Because it requires no use of papers
c) Because it saves time
d) All of these
Answer
Answer: B) Because it requires no use of papers
27. Operational charges are higher in traditional business because:
a) Because of fixed charges associated with business activities
b) Because of higher registration costs
c) Because of higher prices of goods
d) All of these
Answer
Answer: A) Because of fixed charges associated with business activities
28. The horizontal/flat shape of the organisational structure is present in:
a) Traditional business
b) E-business
c) Both of these
d) None of these
Answer
Answer: B) E-business
29. Business processes and length of the cycle in traditional business is:
a) Sequential precedence and longer processes
b) Simultaneous different processes
c) Concurrence different processes
d) All of these
Answer
Answer: A) Sequential precedence and longer processes
30. Opportunity for physical pre-sampling of the products is more in:
a) Traditional business
b) E-business
c) Equal in both
d) None of the above
Answer
Answer: A) Government
Class 11 Business Studies MCQs
Term 1 – MCQ of Business Studies Class 11
Part A – Foundations of Business
- Evolution and Fundamentals of Business
- Forms of Business Organisations
- Public, Private and Global Enterprises
- Business Services
- Emerging Modes of Business
- Social Responsibility of Business and Business Ethics
Term 2 – NCERT Business Studies MCQ
Part B – Finance and Trade