Computer Science
Class-VIII
Chapter-8 E-Commerce
Section-1
A. Answer these questions orally:
1. What do you understand by buyers?
Answer: Buyers are people with money who want to purchase goods or services.
2. What is an on-line form?
Answer: On-line shopping is a form of electronic commerce.
3. Who is a digital middle-man?
Answer: In this type of e-commerce, a company provides information about several companies on one single Web site.
B. Tick the correct option:
1. ______ are people with money who want to purchase goods or service.
a. buyers b. sellers c. producers d. workers
Answer: Buyers
2. On-line buying and selling of any product or service is called:
a. e-commerce b. commerce c. math's d. exchange
Answer: e-commerce
Section-2
A. Fill in the blanks:
1. Commerce depends on ________, _________and __________.
Answer: Producer, Seller, Buyers
2. ________ is the on-line buying and selling of any product or service.
Answer: e-commerce
3. In e-commerce a __________ acts as a place to sell.
Answer: Web sites
4. The Web sites providing e-commerce are special, ________ sites.
Answer: Secured
B. State True or False:
1. Sellers are the people who offers goods and services.
Answer: T
2. E-commerce has a higher transaction cost.
Answer: F
3. The cost of intersection with customers in E-commerce is very high.
Answer: F
C. Answer the following questions:
1. What do you understand by commerce?
Answer: Commerce is, quite simply, the exchange of goods and services, usually for money.
2. Discuss the various elements of commerce.
Answer:
* You must have a product.
* You need a place.
* You need a way to accept orders.
* You need a way to accept money.
* You need a way to accept returns.
3. What is e-commerce?
Answer: E-commerce is the practice of buying and selling products and services over the Internet, using technology such as web, EDI, E-mail, EFT and Smart cards.
4. What are the advantages of e-commerce?
Answer: Advantages of e-commerce:
* Lower transaction cost
* Larger purchases per transaction
* Integration into the business cycle
* Larger catalogues
5. How is e-commerce different from traditional commerce?
Answer: Commerce means exchange of goods and services by going physically at shopping place and e-commerce means exchange of goods and services over the Internet.
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