Friday, 21 August 2015

Assignment-Claa XI-Business Studies-Emerging Modes of Business



1What does VIRUS stands for?
2.What is called Digital Cash?
3.Briefly explain the “Need for Outsourcing”.
4.Briefly explain the “Concerns of Outsourcing”.
5 Mr. X placed an online order with Mr. Y, vendor of vacuum cleaner but even after ten days the product was not delivered. On enquiry he comes to know that it was delivered at a wrong address. Identify the risk involved in it and briefly explain other such possible risks. Your friend is of that opinion that ‘Traditional business involves handling and carrying more cash by both buyers and sellers which was highly risky but online payment mechanism is safer’. Is he correct? Explain any four such online payment mechanisms.

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