ICT in Business and Commerce

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10 Questions - Developed by: Aamer Shaikh - Developed on: - 7.493 taken

This is a final assessment on this topic, in order to test what you have learned!

  • 1
    ICT has the ability to make businesses more:

    monopolistic, very rich, lazy
    responsive, flawless and monopolistic
    effective, responsive and cost effective.
    effective, flawless and cost effective
  • 2
    Why are Magnetic Ink Character Recognition (MICR)better for checking cheques than doing it manually. Choose the most appropriate answer.
    They are much quicker and more reliable at checking.
    They will never get bored of doing it
    They don't question what they are doing
    They will never make a mistake in checking
  • 3
    What is another term which means online business?
    inet business
  • 4
    What is a disadvantage of debit/credit cards?
    Can easily fall out of your pocket.
    It may encourage overspending, as you have endless access to money.
    Too expensive to produce
    Not durable
  • 5
    What is an advantage of internet shopping to the business?
    Huge saving on overheads
    reliable services
    no shipping costs
    able to buy more stock
  • 6
    What does CAD stand for?
    Commercial Advertising Device
    Computing Advanced Design
    Computer Aided Design
    Computer Automated Design
  • 7
    What is a drawback of ICT in business and commerce?
    More people become unhappy, due to advancements
    Leads to lay offs
    Customers may feel alienated due to lack of human interaction.
  • 8
    What does EPOS stand for?
    Electronic Point Of Sale
    Electronics Production Office System
    Electrical Password operating System
  • 9
    Which of the following are an advantage of internet shopping to the customers?
    virtual shop visited without having to leave home.
    Less initial costs for buying stock and products
    A virtual shop has larger storage capacity
    ‘Just in time stock’ can be used
  • 10
    Which of the following are some drawbacks of online commerce?
    4) Global access- firms must abide by many different data protection laws.
    Websites can be deleted by visitors using the internet
    Costs more for consumers

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