Emerging Trends in Business Class 11 Notes AP Inter 1st Year Commerce Chapter 9

Students can go through AP Inter 1st Year Commerce Notes 9thLesson Emerging Trends in Business will help students in revising the entire concepts quickly.

Emerging Trends in Business Class 11 Notes AP Inter 1st Year Commerce 9th Lesson

→ The term “E-Business” refers to the integration of business tools based on ICT to improve the functioning of the company.

→ E-business can be divided into the following areas

  1. within the organization
  2. business – to – business (B2B) dealings,
  3. business – to – customer (B2C) transa-ctions.
  4. customer – to – customer and
  5. customer – to – business.

→ Transacting or facilitating business through Internet is called e-commerce.

→ E-Trading is also known as “online trading” or e-broking. It is used for buying and selling stocks in stock exchanges.

→ An online transaction refers to any financial or non-financial activity that takes place over the internet.

Emerging Trends in Business Class 11 Notes AP Inter 1st Year Commerce Chapter 9

→ E Business refers to the use of an online support for the relationship building between a company and clients.

→ E – Commerce refers to transacting (or) facilitating business through Internet. E. commerce is short for “Electronic Commerce”.

→ The 21st century businesses are opening up many opportunities for entrepreneurs to grow and also equally pose many challenges.

→ One of the biggest challenges of 21st century businesses is Human Resources-finding the right staff, training and retaining them are concerns of the HR function.

→ E-Business refers to the integration of business tools based on ICT to improve the functioning of the company.

Emerging Trends in Business Class 11 Notes AP Inter 1st Year Commerce Chapter 9

→ E-Business refers to the use of an online support for the relationship building between a company and clients.

→ E-Commerce refers to transacting (or) facilitating business through Internet. E-Commerce is short for “Electronic commerce.”

→ The 21st century business are opening up many opportunities for entrepreneurs to grow and also equity pose many challenges.

→ One of the biggest challanges of 21st  century business is Human Resources-finding the right staff, training and retaining them are concerns of the H.R.

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