Skip to main content
Super TutorResources
Chapter 20 of 21
Flashcards

Trade — Flashcards

ICSE · Class 9 · Commercial Studies

28 flashcards for Trade (ICSE Class 9 Commercial Studies) to test yourself on key terms and facts. Sample: "What is electronic commerce, or e-commerce?"

59 questions28 flashcards5 concepts

Interactive on Super Tutor

Studying Trade? Get the full interactive chapter.

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

Try Super Tutor — Free

Free trial, no card needed.

28 Flashcards·
E-CommerceE-TradeComparison of ConceptsE-Commerce DefinitionB2B ExampleB2C ExampleB2G ExampleE-Trade Firms
Card 1E-Commerce

What is electronic commerce, or e-commerce?

Answer

Electronic commerce means carrying out business transactions through Internet. It is a wider concept than e-trade and includes any form of exchanging information through electronic means.

Card 2E-Trade

What is electronic trade, or e-trade?

Answer

Electronic trade means buying and selling goods and services online. It is a narrower concept than e-commerce and focuses on online buying and selling.

Card 3Comparison of Concepts

How are e-commerce and e-trade different?

Answer

E-commerce is the wider term. It includes business transactions through the Internet, including B2B, B2C, and B2G. E-trade is narrower and means buying and selling goods and services online.

Card 4E-Commerce Definition

What is the definition of e-commerce given by the International Fiscal Association?

Answer

Commercial transactions in which an order is placed electronically and goods or services are delivered in tangible or electronic form.

Card 5B2B Example

Give one example of a B2B transaction.

Answer

Tata Motors buying tyres for its vehicles from MRF is a B2B transaction. B2B means business to business.

Card 6B2C Example

Give one example of a B2C transaction.

Answer

Buying goods online from Amazon is a B2C transaction. B2C means business to customer.

Card 7B2G Example

What is a B2G transaction?

Answer

B2G means business to government. A business firm depositing taxes online is an example of B2G.

Card 8E-Trade Firms

Name two examples of e-trade firms.

Answer

Makemytrip.com and Magicbricks.com are examples of e-trade firms. Trivago is also an e-trade firm, especially for hotel booking.

+20 more flashcards

Practise All

Frequently Asked Questions

What are the important topics in Trade for ICSE Class 9 Commercial Studies?
Key topics in Trade include E-Commerce and E-Trade, Merits of Online Trading, Demerits of Online Trading. Study these first, then practise questions on each for Class 9 exams.
How many flashcards are available for Trade?
There are 28 flashcards for Trade covering key definitions, facts and ideas. A few sample cards are shown on this page.
How should I revise Trade for Class 9 exams?
Learn the core ideas first, then work through the 59 practice questions on Trade. Revise 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 Trade

All ICSE Class 9 Commercial Studies Flashcards

For serious students

Get the full Trade chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for ICSE Class 9 Commercial Studies. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free