Tybcom computer objective (E-Commerce Objective)
E-COMMERCE
1. E-Commerce stands for electrical commerce. (F)
2. E-Commerce is trading done on internet. (T)
3. A lot of time is wasted in E-Commerce. (F)
4. E-Commerce service is available 24 hours a day. (T)
5. E-Commerce is not a reliable service. (T)
6. E-Commerce is very fast compare to traditional commerce. (T)
7. The scope for traditional commerce is local. (T)
8. Scope of E-Commerce is local. (F)
9. We have wide range of selection of product throughout globe in E-Commerce. (T)
10. Traditional commerce is more reliable than E-Commerce. (T)
11. In E-Commerce customer go to the shop for shopping. (F)
12. All cash transaction is done on E-Commerce. (F)
13. Payment is done by credit card in E-Commerce. (T)
14. Trading is done globally in E-Commerce. (T)
15. In E-Commerce there is full guarantee about the quality of the product ordered by you. (F)
16. In E-Commerce information is transferred electronically from one computer to another. (T)
17. E- Market, EDI and Internet are parts of E-Commerce.(T)
18. Marketing is not done in E-Commerce.(F)
19. Commerce done on net is known as E-Commerce. (T)
20. Buying and selling of product is done in E-Commerce using internet. (T)
21. Business done on telephone is called E-Commerce. (F)
22. The cost of the product or service is high in E-Commerce. (F)
23. E-Commerce covers a large geographical area for advertising and market the product. (T)
24. International brands of product can reach your doorstep using E-Commerce. (T)
25. A wide range of product and service is available in E-Commerce. (T)
26. User of E-Commerce must be well acquainted with the latest technology. (T)
27. E-market uses internet for its services. (T)
28. E-market is same as physical market. (F)
29. E-market is logical presentation of physical market. (T)
30. Online auction is E-market. (T)
31. Advertising, purchasing or selling all done through internet is called Internet commerce. (T)
32. Transmission of data in pre-defined format is EDI. (T)
33. Electronic fund transfer is not possible in EDI. (F)
34. Security is the major drawback of E-commerce(T).
35. Encryption is a process of converting plain text to cipher text.(T)
36. Encryption does not support security of data from hackers.(F)
37. Plain text is converted into random text called cipher text.(T)
38. Encryption is done with the help of private key by sender.(T)
39. Digital signature is the identity of a person involved in E-commerce.
40. Private key is the key of a key pair used to create digital signature.
41. Online payments can be made through E-commerce. (T)
42. Electronic trading is of great advantage in today’s competitive world. (T)
43. E-Commerce is the most secured and private system. (F)
44. VAN stands for Value Added Network. (T)
45. Hacking of credit cards and password is possible in E-Commerce. (T)
46. World wide buyers and sellers come together for transaction on net through E-Market. (F)
47. Online payment can be done through sending credit card no., posting of cheques or by e-money transfer. (T)
48. Bazee.com is an example of C2C.
49. Non-reputability is related to message acknowledgment send to sender.(T)
50. M-commerce is related to mobile commerce.(T)
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