Students of class 11 Business Studies should refer to MCQ Questions Class 11 Business Studies Emerging Modes of Business with answers provided here which is an important chapter in Class 11 Business Studies NCERT textbook. These MCQ for Class 11 Business Studies with Answers have been prepared based on the latest CBSE and NCERT syllabus and examination guidelines for Class 11 Business Studies. The following MCQs can help you to practice and get better marks in the upcoming class 11 Business Studies examination

Chapter 5 Emerging Modes of Business MCQ with Answers Class 11 Business Studies

MCQ Questions Class 11 Business Studies Emerging Modes of Business provided below have been prepared by expert teachers of grade 11. These objective questions with solutions are expected to come in the upcoming Standard 11 examinations. Learn the below provided MCQ questions to get better marks in examinations.

Question. If compared to e–business, transaction risks in a traditional business are……….     
(a) higher
(b) lower
(c) transaction risks are same in both
(d) no transaction risks at all

Question. There is greater opportunity for interpersonal touch in case of e–business.     
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. In C2B transactions, parties involved in the electronic transactions are from within a given business firm only.     
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. Mr Ramesh buys and sells shares and securities of various companies online, through a platform provided by the Bombay stock exchange. Mr Ramesh is engaged in which of the following applications of e-business?     
(a) e-procurement
(b) e-trading
(c) e-bidding
(d) None of these

Question. Personal-inspection of goods is possible under.     
(a) Traditional business
(b) e–business
(c) Both (a) and (b)
(d) None of the above

Question. C2C transactions originate from the consumer and they end on the consumer.   
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. As compared to e-business, there is less opportunity for inter–personal touch in traditional business.       
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. Withdrawal of money from ATM is an example of ……… transaction.     
(a) C2B
(b) C2C
(c) B2C
(d) B2B

Question. Rendering of legal, accounting, medical and other consultancy services, electronic delivery of computer software, photographs and other multimedia services to the user’s computer by means of InformationTechnology Enabled Services (ITES) is known as       
(a) e-procurement
(b) e-bidding
(c) e-delivery
(d) e-trading

Question. In B2B transactions, a business interacts with a number of other business firms which may be suppliers or vendors of diverse inputs.     
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. Meera wants to buy a new laptop with latest features and want to sell the old laptop before buying the new one. So, she listed her old laptop on quicker. com. She received good response from her post and was able to sell the laptop at good price. Identify the component of e–business being described above.     
(a) B2B transaction
(b) B2C transaction
(c) B2B transaction
(d) C2C transaction

Question. ……… is the electronic currency that exists only in cyberspace.     
(a) Plastic money
(b) Digital cash
(c) Currency note
(d) All of these

Question. It is widely used and internationally recognised coding system to represent characters in a standard way.What is this?     
(a) SSL
(b) ASCII
(c) VPN
(d) None of these

Question. Purchase of bike by Aman from Akshay using online Bikes 24 app is an example of C2C transaction.   
(a) True
(b) False
(c) Can’t say
(d) Parially true

Question. ……… refers to the division of society on the basis of familiarity and nonfamiliarity with digital technology.     
(a) Online bidding
(b) Digital divide
(c) e–business
(d) None of these

Question. e–commerce does not include     
(a) a business interaction with its suppliers.
(b) a business interaction with its customers.
(c) interactions among the various departments within the business.
(d) interactions among the geographically dispersed units of the business.

Question. M/s Systema Shyam is engaged in the preparation and publications of online advertisements through banners and pop-ups, etc. Services provided by Systema Shyam are an example of     
(a) e-delivery
(b) e-bidding
(c) e-promotion
(d) e-procurement

Question. Mail sent by purchase department to production department is example of which of the following?     
(a) B2B
(b) B2C
(c) C2C
(d) Intra-B

Question. …… is not an application of e–business.       
(a) Online bidding
(b) Online procurement
(c) Online trading
(d) Contract research and development

Question. ……… is a pre-requisite for implementation of e-business.     
(a) Website
(b) Virtual private network
(c) Anti-virus
(d) Payment mechanism

Question. ……… refers to unauthorised access to a computer network.     
(a) Hacking
(b) Cyber crime
(c) Ethical fall out
(d) Problems of wires

Question. Virtual Private Network (VPN) technology is a technology due to which employees do not have to come to office.     
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. Which one of the following is a factor which gives advantage to e-business over traditional business?     
(a) Transaction risks
(b) Investment requirement
(c) Ethical fallouts
(d) Personal touch with customers

Question. Various departments of an organisation like purchase, marketing, production, HR, etc can interact with one another using   
(a) B2B commerce
(b) B2C commerce
(c) Intra-B commerce
(d) C2C commerce

Question. Following can be used to make payment in case of online shopping.     
(a) Credit card
(b) Debit card
(c) Net banking transfer
(d) All of these

Question. It involves internet-based sale transactions between business firms,including ‘Reverse Auction’ that  facilitates online trading between multiple buyers and seller. What application of e-business is described above?     
(a) e-communication
(b) e-procurement
(c) e-delivery
(d) None of these

Question. An electronic facility of transferring funds through the internet is ……… transfer.       
(a) cash
(b) net banking
(c) credit
(d) None of these

Question. The transactions taking place betweenbusiness and customers are known as  ……… transactions.     
(a) B2C
(b) B2B
(c) C2C
(d) None of these

Question. Organisational structure is vertical or tall in case of traditional business due to direct command and communication.       
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. ‘‘VDN Ltd delivered …………… wrong address.’’ Identify the type of transaction risk highlighted in above paragraph.     
(a) Default in delivery
(b) Default in payment
(c) Default in order taking
(d) All of these

Question. ‘‘VDN Ltd says that the company …………… his credit card’’. Identify the type of transaction risk highlighted in above paragraph.     
(a) Data storage risk
(b) Default in payment
(c) Default in order taking
(d) Default in delivery 

Question. The scope of e–business is ……… than that of e–commerce.       
(a) narrow  
(b) wider
(c) Both (a) and (b)
(d) None of these

Question. ‘‘It is the generic term for software programme that retrieve, display and print information on world wide web’’. Identify what term of e-business referred here.     
(a) ASCII
(b) Browser
(c) VPN technology
(d) None of these

Question. Which one of the following is not an advantage of traditional business?     
(a) Direct interaction with customer
(b) Low transaction risks than e-business
(c) Opportunity for physical sampling of goods
(d) Ease of going global

Question. Out of the following, which is an advantage of e-business?     
(a) Personal touch
(b) Confidentiality
(c) People acceptance
(d) Paper-less

Question. What are the benefits of e–business?       
(a) Convenience
(b) Global reach
(c) Movement towards a paperless society
(d) All of the above

Question. Which of the following is not a transaction under the purview of e–business?     
(a) Bank to business commerce
(b) Business to customer commerce
(c) Intra-business commerce
(d) Business to business commerce

Question. B2C transactions include       
(a) selling and distribution of goods
(b) conducting consumer surveys
(c) delivery of product
(d) All of the above

Question. Cost of setting up the infrastructure like building, machines, etc is ……… in traditional business than e–business.     
(a) high
(b) low
(c) Both (a) and (b)
(d) None of the above

Question. Purchase of security lock system by Honda from Atom Mortice is an example of C2C transaction.   
(a) True
(b) False
(c) Can’t say
(d) Partially true

Question. Which distribution channel is used in e–business?       
(a) Wholesaler
(b) Retailer
(c) Both (a) and (b)
(d) None of these

Question. Which of the following is not a benefit of e-business?     
(a) Convenience
(b) Ease of formation and lower investment requirements
(c) Global Reach / Access
(d) Low personal touch

Question. Which of the following are most popular browsers?     
(a) Microsoft internet explorer
(b) Netscape navigator
(c) Mosaic
(d) All of the abvoe

Question. ‘‘Most shopping sites have ‘quote your price’ option whereby you can bid for the goods and services.’’ What application of e-business is described above?     
(a) e-bidding/e-auction
(b) e-promotion
(c) e-procurement
(d) e-trading

Question. Sending quotation of supplying raw material by one businessmen to another is called       
(a) B2B commerce
(b) B2C commerce
(c) C2C commerce
(d) Intra-B

Question. Name the risk(s) involved in e–commerce.     
(a) VIRUS 
(b) Hacking
(c) Both (a) and (b)
(d) None of these

Question. Common name for ATM, debit card, credit card, metro card etc is     
(a) electronic card
(b) smart card
(c) visa card
(d) master card

Question. ……… is the division of society on the basis of familiarity and non-familiarity with digital technology.     
(a) VPN
(b) Digital divide
(c) Internet transaction
(d) None of these

Question. Creating blogs to form various consumer forums and pressure groups through which an aggrieved customer can share his experience about a product is an example of     
(a) B2C commerce
(b) C2C commerce
(c) Intra B–commerce
(d) B2B commerce

Question. Which branch of e-business is suggested by Mr. Ravi?       
(a) C2C commerce
(b) Intra-B commerce
(c) B2C commerce
(d) None of the above

Question. ‘‘VDN Ltd sells computers speakers online’’ which branch of business is used by VDN Ltd?     
(a) B2C commerce
(b) B2B commerce
(c) Intre-B commerce
(d) C2C commerce

Question. ‘‘VDN Ltd sent the speakers …………… order.’’ Identify the type of transaction risk highlight in above lines. 
(a) Default in delivery
(b) Default in payment
(c) Default in order taking/giving
(d) None of the above

Question. Which of the following is not an e-business risk?     
(a) Transaction risk
(b) Data storage and transmission risk
(c) Risk of threat to intellectual property and privacy
(d) Risk of implementation

Question. Which limitation of e-business is brought forward by the above report?   
(a) Low personal touch
(b) Need for technology capability and competence of parties to e-business
(c) Order fulfillment speed
(d) People’s resistance

Question. ‘‘Even short meetings …………… to take fast action.’’ Identify which benefit of e-business is described in above para.     
(a) global reach
(b) convenience
(c) speed
(d) movement towards a paperless society

Question. English has been given the status of a global language, yet it is understood by only 10% of the world population. Do you think it is justified?     
(a) Yes
(b) No
(c) Partially No
(d) None of these

Question. Intra-B commerce transactions may be conducted for     
(a) human resource management
(b) promotional activities
(c) selling and distribution of goods
(d) after sale service

Question. ‘‘The CEO liked the idea …………… connecting all the employees in line.’’ Which application of e-business is discussed in above lines?     
(a) e-trading
(b) e-delivery
(c) e-communication
(d) e-auction

Question. “VPN technology also ………… come to office.” What do you mean by VPN technology in above said lines?     
(a) Virtual private network
(b) Vertical private network
(c) Very poor network
(d) None of the above

Question. The volume of B2B transactions is much ……… than the volume of B2C transactions.   
(a) lower
(b) higher
(c) Both (a) and (b)
(d) None of these

We hope the above multiple choice questions for Class 11 Business Studies for Chapter 5 Emerging Modes of Business provided above with answers based on the latest syllabus and examination guidelines issued by CBSE, NCERT and KVS are really useful for you. Emerging Modes of Business is an important chapter in Class 11 as it provides very strong understanding about this topic. Students should go through the answers provided for the MCQs after they have themselves solved the questions. All MCQs have been provided with four options for the students to solve. These questions are really useful for benefit of class 11 students. Please go through these and let us know if you have any feedback in the comments section.