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Revision Notes

Trade — Revision Notes

ICSE · Class 9 · Commercial Studies

Trade revision notes for ICSE Class 9 Commercial Studies: 3 topics in quick points. Part of the ICSE Class 9 Commercial Studies syllabus.

59 questions28 flashcards5 concepts

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Key Topics to Revise

1

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.
2

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.
3

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?
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 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 Revision Notes

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