Which of the following E-commerce model covers all the transactions between companies and government organization?
A. B-to-C relationships
B. B-to-B relationships
C. B-to-E relationships
D. B-to-G relationships
A. B-to-C relationships
B. B-to-B relationships
C. B-to-E relationships
D. B-to-G relationships
Correct Answer: D
Explanation:
Explanation:
Business-to-Government(B-to-G) relationships covers all the transactions between companies and government organizations. Currently this category is infancy, but it could expand quit rapidly as government use their own operations to promote awareness and growth of e-commerce. In addition to public procurement, administrations may also offer the option of electronic interchange for such transactions as VAT returns and the payment of corporate taxes.
For CISA exam you should know below E-commerce models:
Business-to-Consumer (B-to-C) relationships – The greatest potential power of E-commerce comes from its ability to redefine relationship with customers in creating a new convenient, low-cost channel to transact business. Companies can tailor their marketing strategies to an individual customer’s needs and wants. As more of its business shifts on-line, a company will have an enhanced ability to track how its customer interact with it.
Business-to-Business (B-to-B) relationships – The relationship among the selling services of two or more business opens up the possibility of re-engineering business process across the boundaries that have traditionally separated external entities from each other. Because of the ease of access and the ubiquity of the Internet, for example companies can build business process that combine previously separated activities. The result is faster, higher quality and lower-cost set of transactions. The market has ever created to subdivision of B-to-B called business-to-small business(B-to-SB) relationships
Business-to-employee(B-to-E) relationships – Web technologies also assist in the dissemination of information to and among an organization employees.
Business-to-Government(B-to-G) relationships – covers all the transactions between companies and government organizations. Currently this category is infancy, but it could expand quit rapidly as government use their own operations to promote awareness and growth of e-commerce. In addition to public procurement, administrations may also offer the option of electronic interchange for such transactions as VAT returns and the payment of corporate taxes.
The following were incorrect answers:
The other options presented does not covers all transactions between companies and government organizations.
Reference:
CISA review manual 2014 Page number 175
Business-to-Government(B-to-G) relationships covers all the transactions between companies and government organizations. Currently this category is infancy, but it could expand quit rapidly as government use their own operations to promote awareness and growth of e-commerce. In addition to public procurement, administrations may also offer the option of electronic interchange for such transactions as VAT returns and the payment of corporate taxes.
For CISA exam you should know below E-commerce models:
Business-to-Consumer (B-to-C) relationships – The greatest potential power of E-commerce comes from its ability to redefine relationship with customers in creating a new convenient, low-cost channel to transact business. Companies can tailor their marketing strategies to an individual customer’s needs and wants. As more of its business shifts on-line, a company will have an enhanced ability to track how its customer interact with it.
Business-to-Business (B-to-B) relationships – The relationship among the selling services of two or more business opens up the possibility of re-engineering business process across the boundaries that have traditionally separated external entities from each other. Because of the ease of access and the ubiquity of the Internet, for example companies can build business process that combine previously separated activities. The result is faster, higher quality and lower-cost set of transactions. The market has ever created to subdivision of B-to-B called business-to-small business(B-to-SB) relationships
Business-to-employee(B-to-E) relationships – Web technologies also assist in the dissemination of information to and among an organization employees.
Business-to-Government(B-to-G) relationships – covers all the transactions between companies and government organizations. Currently this category is infancy, but it could expand quit rapidly as government use their own operations to promote awareness and growth of e-commerce. In addition to public procurement, administrations may also offer the option of electronic interchange for such transactions as VAT returns and the payment of corporate taxes.
The following were incorrect answers:
The other options presented does not covers all transactions between companies and government organizations.
Reference:
CISA review manual 2014 Page number 175