This flashcard set is based on NCERT Class 11 Business Studies, Chapter 5: Emerging Modes of Business. The chapter explains how technological developments have transformed traditional business practices through e-business, e-commerce, and business process outsourcing (BPO). It highlights digitisation, outsourcing, and globalisation as major trends shaping modern business.
The flashcards cover the meaning and scope of e-business, differences between e-business and e-commerce, and various forms of electronic commerce such as B2B (Business-to-Business), B2C (Business-to-Consumer), C2C (Consumer-to-Consumer), and Intra-B commerce. Students also learn about online buying and selling processes, payment mechanisms, benefits and limitations of e-business, and major e-business applications like e-procurement, e-auctions, e-delivery, and e-trading.
The chapter further discusses security and safety concerns in online transactions, including transaction risks, data storage and transmission risks, privacy threats, viruses, hacking, encryption, and Secure Sockets Layer (SSL) technology. It also introduces outsourcing and its growing role in improving efficiency and competitiveness in modern business environments.
India
Emerging Modes of Business
NCERT Class 11 All Subjects Solutions
English
Business Studies Class 11 Solutions
G11
Business Studies
Business Concepts
Thinking Skills
Educational Skills
Digital Literacy
Decision Making