VENKATESHWAR INTERNATIONAL SCHOOL

BUSINESS STUDIES
CLASS XI
ASSIGNMENT
CHAPTER 5: EMERGING MODES OF BUSINESS

1. Which type of e-business transaction is highlighted in the following cases?

a. Withdrawal of money from ATM.
b. Sale of used books through ebay.com.
2. “The data stored in the computer may be stolen or modified to achieve
personal motives.” Discuss the type of risk highlighted in the given
statement. Also discuss how we can provide protection against such risks.
3. E business means the conduct of business using the computer networks .
discuss briefly any three applications of e business.
4. How can we protect protection from virus attack?
5. A business firm can get certain functions performed by other firm. What is
the term used for this? What are its three benefits?
6. Electronic Transactions lead to ‘Threat to Intellectual Property and
Privacy Risks’. Comment.
7. Discuss the various resources required for successful implementation of
business.
8. Explain following terms :
1. Cryptography
2. VPN technology
3. Digital cash
4. Encryption.

9. In cities and towns, use of credit and debit cards is a popular mode of
payment in business transactions. one of your friend Saksham is very
much interested to have a credit card and use it. But he does not know
about its details about it. Explain to him about the credit card.

10.Home Foods Pvt. Ltd. deals in grocery items of daily domestic usage. Its
business is spread throughout Delhi. The company’s 20 stores are
providing their services to the residents of Delhi. All the busing; activities
of this company are done through internet. Its main activities are obtaining
information about goods, receiving orders of goods, making payments,
receiving payments, inventory management, product development, etc.
The use of internet in the business activities has resulted into reduced costs
of business transactions. The customer also can shop sitting at home or
office. They can access the internet to buy goods and services. The use of
internet has considerably reduced dependence on paper work for the
company.

(a)Which system of business is being followed by Home Foods Pvt. Ltd.?

(b) State any three benefits of the system of business identified in (a) by
quoting the lines from the above para.

11. Mohan wants to buy a new sofa set for his house, but he did not have
enough space to keep it. He planned to sell the old sofa through OLX, so
that he could get some surplus money and space for new sofa set. He got a
very good response and out of many buyers, he chose the buyer who gave
him the best price. Identify and explain the type of e-commerce referred to
in the above case.

12. www.olx.in, www.quicker.com etc are examples of websites used to

conduct business. Dipti’s sofa set get spoiled in rain. Her friend suggested
that she should change the fabric so that it looks new and put it for sale on
www\ olx.com Dipti followed her friend’s advice and got her sofa repaired
so that it looks better and uploaded nicely clicked pictures
on www.olx.com in without disclosing the fact that it was damaged from
inside. She found a customer and sold it for RS. 9,000. After one week the
buyer found the real state of sofa set and called Dipti but she did not
answer any of the call.
(i) Name the type of business in above case.

(ii) Explain any three advantages of such type of business.