{"id":23925,"date":"2022-01-31T20:47:25","date_gmt":"2022-01-31T15:17:25","guid":{"rendered":"https:\/\/infinitylearn.com\/surge\/?p=23925"},"modified":"2022-01-31T20:47:25","modified_gmt":"2022-01-31T15:17:25","slug":"emerging-modes-of-business-cbse-notes-for-class-11-business-studies","status":"publish","type":"post","link":"https:\/\/infinitylearn.com\/surge\/study-material\/cbse-notes\/class-11\/business-studies\/emerging-modes-of-business-cbse-notes-for-class-11-business-studies\/","title":{"rendered":"Emerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies"},"content":{"rendered":"

Emerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies<\/strong><\/span><\/h2>\n

 <\/p>\n

E-business :<\/strong> Scope, Benefits and Limitations, Online Transactions<\/p>\n

Quick Review\u2014<\/strong>
\n -> E-business<\/strong> refers to \u201ccarrying on business activities through internet. Business activities comprise of Industries, Commerce arid Trade.
\n-> Scope Of E-Business<\/strong>
\n1. B2B Commerce (Business to Business Commerce)
\n2. B2C Commerce (Business to Customer Commerce)
\n3. Intra B Commerce (With in Business Commerce)
\n4. C2C commerce (Customer to Customer Commerce)
\n5. B2G Commerce (Business to Govt. Commerce)
\n\"emerging-modes-business-cbse-notes-class-11-business-studies-1\"
\n-> Benefits Of E-Business<\/strong>
\n1. Convenience 2.Ease of formation and lower investment requirements
\n3. Speed 4.Global reach\/access
\n5. Movement towards a paperless society
\n-> Applications Of E-Business<\/strong>
\n1. e-bidding\/e-auction 2.e-trading
\n3. e-procurement 4.e-delivery
\n5. e-communication\/e-promotion
\n-> Limitations Of E-Business<\/strong>
\n1. Lack of personal touch 2 Increased risk due to anonymity and non-tracability of parties
\n3. Need for technology capability and competence of parties to e-business
\n4. Incongruence between order taking\/giving and order fulfillment speed
\n5. People resistance
\n6. Ethical fallouts
\n-> Online Transactions<\/strong>
\n1. Surfing internet for relevant website
\n2. Searching for the desired product
\n3. Registration
\n4. Placing an order
\n5. Payment mechanism
\n6. Delivery of goods
\n-> Security And Safety Of E-Transactions \/E-Business Risks<\/strong>
\n1. Transaction risks
\n2. Data storage and transmission risks
\n3. Risks of threat to intellectual property and privacy
\n4. Resources required for successful e-business implementation<\/p>\n

Know the Terms\u2014<\/strong><\/p>\n

-> Emerging modes:<\/strong> The new trends of doing business are known as emerging modes of business.
\n-> E-business:<\/strong> Conduct of industry, trade and commerce using computer network.
\n-> E-commerce:<\/strong> Means buying and selling the products and services over the internet.
\n-> B 2 B Commerce :<\/strong> The interaction between a business firm with other business firm through the network of computers.
\n-> B 2 C Commerce :<\/strong> It is a system where a business firm interacts with its customers using internet as a medium.
\n-> C 2 C ommerce:<\/strong> It refers to commerce which takes place between two or more customers through internet for the sale and purchase of good for which there is no established mechanism.
\n-> Intra B ommerce :<\/strong> It refers to the transaction which take place among different persons or departments within a firm through the network of computers.
\n-> On line transactions :<\/strong> It refer to the transaction taking place between buyers and sellers through internet.
\n-> Digital card:<\/strong> A form of electronic currency that exists only in cyber used for making payments
\n-> Hacking: Unauthorised entry into a website is termed as hacking.
\n-> Virieses :<\/strong> Means vital information under seige.
\n-> Encryption:<\/strong> Converting the message into a code that is understandable to sender and receiver only.
\n-> Browsing:<\/strong> Means retrieving information on the internet.
\n-> URL (Uniform Resource locator):<\/strong> Refer to a world wide web address that specifies a specific site, page, graphic or document on the internet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Emerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies   E-business : Scope, Benefits and Limitations, Online […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"Get Emerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies on Infinity Learn.","custom_permalink":"study-material\/cbse-notes\/class-11\/business-studies\/emerging-modes-of-business-cbse-notes-for-class-11-business-studies\/"},"categories":[92,21],"tags":[],"table_tags":[],"acf":[],"yoast_head":"\nEmerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies - Infinity Learn by Sri Chaitanya<\/title>\n<meta name=\"description\" content=\"Get Emerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies on Infinity Learn.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infinitylearn.com\/surge\/study-material\/cbse-notes\/class-11\/business-studies\/emerging-modes-of-business-cbse-notes-for-class-11-business-studies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emerging Modes of Business \u2013 CBSE Notes for Class 11 Business Studies - 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