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ICT in Business and Commerce

10 Questions - Developed by: Aamer Shaikh - Updated on: 2005-11-01 - Developed on: 2005-10-22 - 10,212 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:

effective, flawless and cost effective
monopolistic, very rich, lazy
effective, responsive and cost effective.
responsive, flawless and monopolistic

2

Why are Magnetic Ink Character Recognition (MICR)better for checking cheques than doing it manually. Choose the most appropriate answer.

They will never make a mistake in checking
They don't question what they are doing
They will never get bored of doing it
They are much quicker and more reliable at checking.

3

What is another term which means online business?

internet
email
e-commerce
inet business

4

What is a disadvantage of debit/credit cards?

Too expensive to produce
Not durable
It may encourage overspending, as you have endless access to money.
Can easily fall out of your pocket.

5

What is an advantage of internet shopping to the business?

able to buy more stock
no shipping costs
Huge saving on overheads
reliable services

6

What does CAD stand for?

Computer Aided Design
Commercial Advertising Device
Computer Automated Design
Computing Advanced 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?

Electronics Production Office System
Electrical Password operating System
Electronic Point Of Sale

9

Which of the following are an advantage of internet shopping to the customers?

Just in time stock can be used
virtual shop visited without having to leave home.
A virtual shop has larger storage capacity
Less initial costs for buying stock and products

10

Which of the following are some drawbacks of online commerce?

Costs more for consumers
Websites can be deleted by visitors using the internet
4) Global access- firms must abide by many different data protection laws.

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