Ch 13 – Flashcard Answers
20 test answers
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A company can reduce its costs by using ebusiness to change its business processes. Which of the following does not represent an example of how a company can reduce its costs through ebusiness?
answer
Creating an online travel reservation.
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Nike offers people the opportunity to visit its website to create running shoes in the style and color they choose. How would you classify Nike's ebusiness strategy?
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Mass customization
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What caused Polaroid to go bankrupt?
answer
One-hour film processing and digital cameras stole its market share.
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When evaluating the business value of disintermediation, the more ____________ that are cut from the distribution chain, the lower the product price.
answer
intermediaries
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The Innovator's Dilemma suggests that established companies can take advantage of ___________ without hindering existing relationships with customers, partners, and stakeholders.
answer
disruptive technologies
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Netflix creates a unique recommendation listing for each customer that revisits its website. How would you classify Netflix's ebusiness strategy?
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Personalization
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All of the following are types of website visitors except:
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Usability visitor
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Amazon creates a unique recommendation listing for each customer that revisits its website. How would you classify Amazon's ebusiness strategy?
answer
Personalization
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What uses the Internet to reassemble buyers, sellers, and other partners in a traditional supply chain in new ways?
answer
Reintermediation
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M&M's offers people the opportunity to order the candy in special colors or with customized sayings. How would you classify M&M's ebusiness strategy?
answer
Mass customization
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What is the difference between ecommerce and ebusiness?
answer
Ecommerce is buying and selling of goods or service online. Ebusiness includes ecommerce and all activities related to internal and external business operations.
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What is the best way to measure a company's ebusiness success?
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All of these: Effective MIS metrics Interactivity Clickstream data
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What is the depth and breadth of details contained in a piece of textual, graphic, audio, or video?
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Information richness
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What occurs when a business sells directly to the customer online and cuts out the middle man?
answer
Disintermediation
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Which of the following is a reason for the growth of the World Wide Web?
answer
All of these: Advancements in networking hardware. Web pages being easy to create and flexible. The microcomputer revolution.
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Which type of ebusiness marketing technique induces websites or users to pass on a marketing message to other websites or users, creating exponential growth in the message's visibility and effect?
answer
Viral marketing
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