Exploring Internet Business Applications

What is a popular e-commerce platform for businesses?

• Walmart

• Amazon

• Shopify

• All of These

Which of the following is NOT an example of e-commerce?

• Online shopping on Amazon
  
  

• Internet banking through SBI

• Selling products on personal blog

• Sending mails from gmail

What is the primary function of an online payment system?

• To provide a platform for online gaming.

• To enable secure electronic transactions between buyers and sellers.

• To facilitate social media interactions between users.

• To manage customer service inquiries and support.

Which of the following is an essential requirement for net banking?

• A credit card

• Internet Connection

• Mobile Phone

• Loan Account

What is the purpose of social media advertising?

• To share personal updates and connect with friends.

• To create viral challenges and memes.

• To promote products or services and increase brand awareness.

• To gather user feedback on website design.

A customer wants to buy a product from an online store but is concerned about the security of their card information. Which of the following methods would you recommend to enhance security?

• Debit card without encryption
  authentication
  

• eBayUsing cash on delivery

• Credit card payment without two-factor

• Using a Secure payment gateway with encryption

What could be the potential risks for banks if most transactions shift to net banking platforms?

• Customers will increase in numbers
  
  

• Cybersecurity threats might increase, leading to fraud

• Banks will stop growing as they move online

• Traditional branches will completely shut down

What are the benefits of using a secure online payment system?

• Increased anonymity for users

• Lower transaction fees for merchants

• Faster payment processing times

• The benefits include enhanced security, reduced fraud risk, increased customer trust, and regulatory compliance.

An individual buys a used smartphone from another person on an online marketplace like eBay. What type of e-commerce is involved here?

• B2B (Business to Business)
  
  

• C2C (Consumer to Consumer)

• B2C (Business to Consumer)

• B2G (Business to Government)

What type of transaction is primarily associated with traditional commerce?

• Online banking
  
  
  

• Mobile payments

• Cash and credit transactions in physical stores

• Cryptocurrency exchanges