Following are the various types of partners: i. Active Partners: Partners who take active part in the conduct of day‐to‐day transactions of the firm are called Active Partners. These partners perform the business activities on behalf of other partners. ii. […]
Tag: class 12th std question and answer
Meaning and Definition of Partnership.
Meaning: Partnership is an association of two or more persons who agree to combine their financial resources and managerial abilities to operate a business and share Profits and Losses in an agreed ratio. Definition: Partnership as per the Indian Partnership […]
What is Net Banking Transfer?
Answer: Net Banking Transfer. Net Banking is derived from the term ‘Internet banking’. It is also known as e‐banking or online banking. It is an electronic facility of transferring funds through the internet. It allows customers to conduct financial transactions on […]
Explain in brief the steps involved in Online Transactions.
Answer: Online Transactions. Online transactions occur when a process of buying and selling takes place through the internet. Transactions between the buyer and seller that are carried out and completed with the help of internet are called online business transactions. […]
What are the advantages and disadvantages of e‐business?
Answer: Advantages and Disadvantages of e-Business. Meaning – e‐business means using the internet to connect people and processes for doing business. It also includes providing service to customers and collaborating with business partners across the globe. The internet and the emergence of […]
Explain in brief the different types of e‐business transactions.
Answer: Different types of e‐Business Transactions. e‐business means using the internet to connect people and processes for doing business. It also includes providing service to customers and collaborating with business partners across the globe. The various types of e‐business transactions are as […]
Answer: Definitional of e-Commerce. “Electronic‐commerce” or “e‐commerce” can be defined as the use of Internet to conduct business transactions.e‐commerce helps the buyers and sellers to connect over the internet and trade with each other. Any form of business transaction conducted electronically is e‐commerce. […]