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Chapter 20 of 21
Revision Notes

Trade

ICSE · Class 9 · Commercial Studies

Quick revision notes for Trade — ICSE Class 9 Commercial Studies. Key concepts, formulas, and definitions for last-minute revision.

59 questions28 flashcards5 concepts

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Key Topics to Revise

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1. E-Commerce and E-Trade

  • E-commerce means carrying out business transactions through Internet.
  • E-commerce is a wider concept than e-trade.
  • E-commerce includes any form of exchanging information through electronic means.
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2. Merits of Online Trading

  • Global Market means a business can reach customers all over the world who have Internet access.
  • Round the Clock Working means a website is open 24 hours a day.
  • A website can take orders, monitor delivery, and receive payments at any time.
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3. Demerits of Online Trading

  • High Risk is a major problem for internet start-up organisations.
  • Several high paid executives who resigned to set up internet start-ups lost huge amounts of money.
  • The dot.com bubble burst because of a lack of good revenue model, poor customer service, and other problems.

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Full Notes

Key Concepts

Electronic commerce means carrying out businessElectronic trade means buying and sellingA businessA businessA business

Frequently Asked Questions

What are the important topics in Trade for ICSE Class 9 Commercial Studies?
Trade covers several key topics that are frequently asked in ICSE Class 9 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Trade — ICSE Class 9 Commercial Studies?
Understand the core concepts first, then work through the 59 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.

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