Electronic data interchange and E commerce MCQ

1. EDI standards are

(a) not universally available

(b) essential for B2B commerce

(c) not required for B2B commerce

(d) still being evolved

Ans.: b

2. EDI requires

(a) representation of common business documents in computer readable forms

(b) data entry operators by receivers

(c) special value added networks

(d) special hardware at co-operating Business premises

Ans.: a

3.  By Electronic Commerce we mean:

(a) Commerce of electronic goods

(b) Commerce which depends on electronics

(c) Commerce which is based on the use of internet

(d) Commerce which is based on transactions using computers connected by telecommunication network

Ans.: d

4. For carrying out B2B e-Commerce the following infrastructure is essential:

(ii) Corporate network

(iii) Electronic Data Interchange standards

(iv) Secure Payment Services

(v)Secure electronic communication link connecting businesses

 

5. For carrying out B2C e-Commerce the following infrastructure is essential

(i) World Wide Web

(ii) Corporate network

(iii) Electronic Data Interchange standards

(iv) Secure Payment Services

(v) Secure electronic communication link connecting businesses

(a) i, iv

(b) i, iii, iv

(c) ii, iii

(d) i, ii, iii, iv

Ans.: a

6. Electronic Data Interchange Software consists of the following four layers:

1. Business application, Internal format conversion, Network translator, EDI envelop
2. Business application, Internal format conversion, EDI translator, EDI envelop
3. Application layer, Transport layer, EDI translator, EDI envelop
4. Application layer, Transport layer, IP layer, EDI envelop 

Ans: B
These 4 layers of EDI software allow the exchange of documents between 2 organizations over a VAN (value added network)

7. The document standards for EDI were first developed by large business house during the 1970s and are now under the control of the following standard organization.

1. ISO
2. ANSI
3. ITU-T
4. IEEE

 Ans: ANSI
EDI service provider maintains a VAN and establishes mailboxes for each business partner in EDI. The provider stores and forwards EDI messages between these partners. All the parties involved in EDI transaction must use an agreed set of document layout and format.

8. Which e-business model allows consumers to name their own price for products and services ? 

1. B2B$\mathrm{}$
2. B2G$\mathrm{}$
3. C2C$\mathrm{}$
4. C2B$\mathrm{}$

  Ans: D

C2B model, also called a reverse auction or demand collection model, enables buyers to name or demand their own price, which is often binding, for a specific good or service. The website collects the demand bids then offers the bids to participating sellers.

C2C, or customer-to-customer, or consumer-to-consumer, is a business model that facilitates the transaction of products or services between customers. It is one of four categories of e-commerce, along with B2B (business to business), C2B (customer to business) and B2C (business to customer)

B2B and B2G has nothing to concern about consumer price setting

 9. E-commerce involves:

(A) Electronic Data Interchange      

(B) Electronic mail

(C) Electronic Bulletin Boards         

(D) All of the above

10. Which is the most valuable electronic commerce to the individual customer in long run ?

1. Business to Customer
2. Business to Business
3. Customer to Customer
4. None of the above

 Ans: A

11. The principal electronic payment systems for electronic commerce is

1. Credit Card
2. Digital Wallet
3. Electronic Cheque
4. All of the above 

ans is D all

Some of the modes of electronic payments are following.

• Credit Card
• Debit Card
• Smart Card
• E-Money
• Electronic Fund Transfer (EFT)
• Digital Wallet
• E-cash
• E-cheque

 12. "M-Commerce" refers to

1. A myth which does not exist in reality
2. The ability of business to reach potential customers wherever they are
3. The ability to have large capacity of memory storage dealing trade and commerce
4. None of the above

  Ans is B 

M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as cellular telephone and personal digital assistants (PDAs). Known as next-generation e-commerce, m-commerce enables users to access the Internet without needing to find a place to plug in. The emerging technology behind m-commerce, which is based on the Wireless Application Protocol (WAP), has made far greater strides in Europe, where mobile devices equipped with Web-ready micro-browsers are much more common than in the United States.

 13. E-Choupal refers to

1. Calling meeting of Surpanches electronically.
2. Conducting Panchayat meeting using latest electronic gadgets.
3. Providing window of information to villagers and farmers in NIC network.
4. None of the above

Ans is C  

e-Choupal is an initiative of ITC Limited, a conglomerate in India, to link directly with rural farmers via the Internet for procurement of agricultural and aquaculture products like soybeans, wheat, coffee, and prawns. e-Choupal tackles the challenges posed by Indian agriculture, characterized by fragmented farms, weak infrastructure and the involvement of intermediaries. The programme installs computers with Internet access in rural areas of India to offer farmers up-to-date marketing and agricultural information.

 14. The mercantile process model consists of the following phase(s):
(A) The pre-purchase phase.
(B) Purchase consummation phase.
(C) Post-purchase Interaction phase.
(D) All of the above.
Ans: D All of the Above.

15. E-Commerce is not suitable for

(A) Sale/Purchase of expensive jewellery and antiques.
(B) Sale/Purchase of mobile phones.
(C) Sale/Purchase of branded clothes.
(D) Online job searching.
Ans: D Online job searching 

16. Amazon.com comes under the following model
(A) B2B (B) B2C
(C) C2C (D) C2B
Ans: B B2C

17. The mercantile process model consists of the following pahase(s):
(A) The pre-purchase phase.
(B) Purchase consummation phase.
(C) Post-purchase Interaction phase.
(D) All of the above.
Ans: D All of the Above.

18. Multimedia contents are important to e-business applications.

19. Home Banking is an example of consumer oriented applications

20. Electronic checks is a part of e-token. When giving e-token some authorizing
co. verifies that the no. is active i.e. its run by Certifying authority
(CA),Verifying Authority(VA) & Digital Signature(DS).

21.