1 )

In the faithful amplification (please don't mind the term i am using it) the output is alternating only in magnitude but still flowing in the same direction.
But in the working of a loud speaker, it has been mentioned that the alternating current flows into the coil inside the loudspeaker and the polarity of the coil keeps on changing and as a result the coil is attracted and repelled.
But how can the output collector current be alternating i.e changing its direction .Thats where i am getting stuck and unable to progress.
sophiecentaur said:
The operation of the transistor is very non-linear ("faithless" or "low fidelity"). A very simple answer to your initial question is to introduce the idea of 'biasing'. This involves adding an small amount of DC current to the input signal (into the base). When you do this, the transistor is always passing some Collector Current and is never 'off'. The variations of the input (microphone) signal (positive and negative) vary the base current about a mean value and the collector current also varies about a mean value - giving you 'both halves' of the cycle - but not about Zero, of course. This is referred to as Class A operation and involves a lot of wasted power, when dealing with high power amplifiers - it doesn't matter, of course, in low power circuits.
2) I think what you are conveying is that due the action of signal + supply connected to emitter and base the net voltage applied to the EB keeps varying as a result the base current electrons coming out of the base keeps varying which in turn varies the collector electron current coming out of the collector.
i.e in the illustration given in the book where initially during the negative cycle electrons from signal first occupy the holes in base and thereby making the base negatively charged(additional electrons than the neutral level) and preventing electrons from emitter to reach the collector, and during the positive half cycle electrons are withdrawn from the base by the signal and creating holes and thereby causing electrons to move from emitter to collector.
in case when an additional supply is connected what will happen is that the resultant voltage still exists on EB and it remains forward biased . As a result the holes in base diffuse into the emitter and electrons from the valence band of the emitter fill up the holes in the base and these electrons are drawn by the net voltage applied on the EB and when these electrons from base reach the positive terminal of the resultant voltage and equal number of electrons start from the negative terminal and reach the emitter and fill up the holes in the emitter which actually diffused in the emitter from the base. And simultaineously electrons from Vcc would just pass by the emitter and reach the collector since the electrons which had earlier filled the holes had made the base negatively charged and blocking the way for electrons from collector.Now in the base since the blocking electrons have been removed , new holes are created tempts the electrons from Vcc to cross the base and reach collector and go back to the Vcc.
What My doubt is that
if we increase the voltage on EB will the electrons which are present in the valence band of the base also be attracted along with those who filled the holes due to diffusion,
and thereby making the base acquire a net positive charge( note that eventhough base has positive holes when the transistor is unbiased, it is electrically neutral).WHat i am asking is that will additional electrons also be removed from the valence band of the base other than those electrons which filled the holes and thereby making the base deficient of electrons i.e lesser than the neutral level.
If this happens will the depletion region of EB be further reduced and therby decreasing Vbe.
CAN THIS HAPPEN?
3) Also another important doubt is
WHAT IS MEANT BY VCE
Vbe is the barrier voltage and is equal to .6V
I can't understand how will there be a voltage drop for the electrons which travel from emitter to collector via base.Infact they will be accelerated by the electric field caused due to reverse bias . But in my referrence books in many problems Vce is about 10 V when Vcc is 20 V. This is quite silly that how can there be a voltage drop there?