Class 11 Business Studies - Chapter Emerging Modes of Business NCERT Solutions | Explain the scope of e-business.

Welcome to the NCERT Solutions for Class 11th Business Studies - Chapter Emerging Modes of Business. This page offers a step-by-step solution to the specific question from Extra Questions, Question 5: explain the scope of e business....
Question 5

Explain the scope of e-business.

Answer

The scope of e-business includes:

  • B2B (Business-to-Business): Transactions between businesses, like wholesalers selling to retailers.
  • B2C (Business-to-Consumer): Businesses selling directly to customers via online platforms.
  • Intra-Business Commerce: Internal transactions within a company, such as supply chain management.
  • C2C (Consumer-to-Consumer): Transactions between consumers, facilitated by platforms like eBay. E-business also encompasses online banking, digital marketing, and electronic fund transfers, highlighting its expansive reach and diverse applications.

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