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Business
11th
grade
Business Studies-Grade 11- Periodic Assessment 3 Standard
20 questions
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- 1. Multiple Choice
'Information can flow at the click of a mouse, but the physical delivery of the product takes time'
Which limitation of e-business is referred in the above lines
Low personal touch
People resistance
Need for technology capability and competence of parties to e-business
Incongruence between order taking/giving and order fulfilment speed.
- 2. Multiple Choice
Akash wanted to sell his Mumbai factory and posted an advertisement about business on sale.He received an e-mail from Jordan indicating the desire to buy his business. Name the feature of e-business which made this possible.
Convenience
Ease of formation
Speed
Global access
- 3. Multiple Choice
Intra B commerce includes
a. Interaction between the different departments within the organization.
b. Interaction between two business firms.
c. Interaction between two customers
d. Interaction between business and customers.
- 4. Fill in the Blank
Companies can service their customers round-the-clock with the development of ___________ variant of e-business.
- 5. Multiple Choice
e-commerce offers many benefits to the consumers. Which of the following is not a benefit resulting from e-commerce?
Flexibility
More options and choices
Quick and timely delivery
Narrow outreach
- 6. Multiple Choice
e-business is more comprehensive than e-commerce as e-business includes not only e-commerce but also comprises of various other business transactions and functions conducted electronically
true
false
- 7. Multiple Choice
which of the following is incorrect regarding the limitation of e-business?
incongruence between order giving and order fulfilment speed
easy acceptance by people as they quickly adjust to new technology
low personal touch as it lacks interpersonal interactions
all statements are correct
- 8. Multiple Choice
Which of the following statements about personal sources of finance is false?
Often cheaper in the long-term
Less 'red tape' or delay in getting the cash
Less personal financial risk for the entrepreneur
May be harder to raise large amounts
- 9. Multiple Choice
Which of the following statements about overdrafts is not true?
Short term source of finance
It's really a small, short term loan
It's flexible, in that it can be used whenever it is needed
Cheap - the interest rate is usually lower than that of a long-term bank loan
- 10. Multiple Choice
Case study: Apple plans to develop a prototype for an iPhones with a flexible display. Which of the following sources of finance would be most appropriate?
Retained profits
Selling shares
Crowdfunding
Bank loan
- 11. Multiple Choice
Case study: the Business Incubator team 'TradeTools' - an online platform connecting neighbors who want to rent tools with neighbours that own them. They will pitch their business concept in May - what would be the most appropriate source of finance for this new, untested idea?
Angel Investor
Bank loan
Personal savings
Credit cards
- 12. Multiple Choice
Case study: after years of success and growth, Shark Tank success story Lumibowl (a clip-on light that illuminates your toilet bowl so you 'hit your target' in dark of night!) is ready to grow extensively into other countries. It needs huge amounts of money in order to do so. Which source of finance would be a good fit?
Raising share capital by transforming from a partnership to a public corporation
Taking advantage of the agreed overdraft with the bank
Retained profits of $80,000
Crowdfunding
- 13. Multiple ChoiceWhat is capital expenditure?Money spent for fixed assets which last about 6 months.Money spent for fixed assets which last about for more than a year.Money spent on a day-to-day basis.Money spent per hour rate.
- 14. Multiple Choice
which are the two limitations for equity shares
issue of additional equity shares is generally more as compared to the cost of raising funds through other sources
does not affect the control of equity shareholders
investors who want steady income may not prefer equity shares equity shares get fluctuating returns
- 15. Multiple Choice
Jyoti wanted to sell her mobile phone but does not get any buyer. On her friends suggestion she posted the mobile on sale on www.olx.com and found a buyer within two days. Name the type of e-business.
It is a form of B2C commerce. The business originates from the Business and the ultimate destination is also consumers
It is a form of B2B commerce. The business originates from the Business and the ultimate destination is also Business
It is a form of C2C commerce. The business originates from the consumer and the ultimate destination is also consumers
It is a form of C2B commerce. The business originates from the consumer and the ultimate destination is also Business.
- 16. Multiple Choice
Ram stays in a hostel in USA and his parents stay in Mumbai. Ram’s birthday is in five days and his parents wish to gift him a pair of branded shoes. How can they gift?
They can use the mode of B2C commerce where the business originates from the Business and the ultimate destination is also consumers This type of commerce is best suited for dealing in goods for which there is no established market mechanism
They can use the mode of C2C commerce where the business originates from the consumer and the ultimate destination is also consumers This type of commerce is best suited for dealing in goods for which there is no established market mechanism
They can use the mode of B2B commerce where the business originates from the Business and the ultimate destination is also Business. This type of commerce is best suited for dealing in goods for which there is no established market mechanism
They can use the mode of Intra-business commerce where the business originates from the Business and the ultimate destination is also Business. This type of commerce is best suited for dealing in goods for which there is no established market mechanism
- 17. Multiple Choice
What type of share capital is also called ‘’Risk Capital”
Preference share capital
Equity share capital
Debenture
Commercial paper
- 18. Multiple Choice
Name the one unique feature of ‘’Retained Earnings’’ which is not available in any other source of finance?
It is a source of financing which is to invest outside the business
It is a source of financing which is only for share holders
It is a source of self-financing and does not involve any explicit cost
it is not a portion of net earning of business
- 19. Multiple Choice
Which term is concerned with the acquisition and conservation of capital funds in meeting the financial needs of a business enterprise
Equity share
Debenture
Preference Share
Retained earnnings
- 20. Multiple Choice
i)Equity Shareholder
ii) tolerance abd Self satisfaction
i) preference shareholder
ii) employees well being (Care) and Honesty
i) Debenture holder
ii) Social responsibility and Honesty
i) Bounds
ii) employees well being (Care) and Honesty
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