Skip to main content
Super TutorResources
Chapter 5 of 11
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Revision Notes

Emerging Modes of Business

CBSE · Class 11 · Business Studies

Quick revision notes for Emerging Modes of Business — CBSE Class 11 Business Studies. Key concepts, formulas, and definitions for last-minute revision.

100 questions84 flashcards5 concepts

Interactive on Super Tutor

Studying Emerging Modes of Business? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for revision notes and more.

Try Super Tutor — Free

1,000+ Class 11 students started this chapter today

Key Topics to Revise

1

1. Meaning and Nature of E-Business

  • Digitisation means converting text, sound, images, video, and other content into a series of ones and zeroes that can be transmitted electronically.
  • The three strongest trends shaping business are digitisation, outsourcing, and internationalisation/globalisation.
  • E-business is the conduct of industry, trade, and commerce using computer networks.
2

2. Scope of E-Business

  • The scope of e-business is very wide.
  • Business functions such as production, finance, marketing, personnel administration, planning, organising, and controlling can be carried out over computer networks.
  • The scope of e-business can be seen through the parties involved in transactions.
3

3. Benefits of E-Business

  • E-business is easier to form than traditional business and needs lower investment.
  • The phrase 'networked individuals and firms are more efficient than networked individuals' shows the value of networks in business.
  • E-business offers convenience because business can continue 24 hours a day, 7 days a week, and 365 days a year.
4

4. Online Transactions and Payment Mechanisms

  • Online transactions have three stages: pre-purchase/sale, purchase/sale, and delivery.
  • The pre-purchase stage includes advertising and information-seeking.
  • The purchase stage includes price negotiation, closing the deal, and payment.

Get complete notes with diagrams and examples

Full Notes

Key Concepts

Digitisation is the conversion of textEEThe scope of eOnline transactions usually pass through three

Frequently Asked Questions

What are the important topics in Emerging Modes of Business for CBSE Class 11 Business Studies?
Emerging Modes of Business covers several key topics that are frequently asked in CBSE Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Emerging Modes of Business — CBSE Class 11 Business Studies?
Understand the core concepts first, then work through the 100 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Emerging Modes of Business

All 11 chapters — CBSE Class 11 Business Studies Revision Notes

For serious students

Get the full Emerging Modes of Business chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for CBSE Class 11 Business Studies.

Try Super Tutor Free
Try the full chapter — Free