E-Business and Outsourcing Quiz

What does the term 'E-business' refer to?

• Conducting business via the internet

• Only selling goods online

• Traditional marketing strategies

• Physical store management

Which of the following is an example of a B2C transaction?

• A consumer requesting a service from a business

• A consumer selling a product to another consumer

• A business selling products directly to consumers

• A business providing services to another business

In a C2B transaction, what does the consumer do?

• Provides feedback to a business

• Buys products from a business

• Requests a specific service from the business

• Sells products to other consumers

What is the main purpose of outsourcing?

• To focus on core business areas

• To increase the number of employees

• To expand into new markets

• To reduce product prices

Which of the following is NOT an advantage of outsourcing?

• Increased control over all processes

• Focus on core activities

• Access to specialized expertise

• Cost reduction

What does KPO stand for?

• Keen Process Outsourcing

• Knowledge Process Outsourcing

• Key Process Outsourcing

• Kinetic Process Outsourcing

Which of the following is a disadvantage of KPO?

• Quick turnaround time

• Limited expertise

• High cost of services

• Security concerns

What is the primary focus of BPO?

• Outsourcing core business functions

• Outsourcing peripheral activities

• Increasing in-house staff

• Enhancing product quality

Which of the following is an example of C2C?

• A consumer selling to another consumer

• A business selling to a consumer

• A business providing services to another business

• A consumer requesting a service from a business

What is the role of intermediaries in C2C transactions?

• To manage business operations

• To provide customer support

• To sell products directly to consumers

• To facilitate transactions between consumers