Chapter 9 Online Retail Services T/F
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1) Mobile commerce currently accounts for more retail goods sold than social commerce.
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TRUE
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2) In 2013, the number of online buyers was over 150 million.
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TRUE
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3) Groupon is an example of local commerce.
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TRUE
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4) Online retailing is one of the largest segments of the retail industry.
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FALSE
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5) Contrary to predictions of analysts made during the early days of e-commerce, the Internet has led to both disintermediation and hypermediation on a widespread basis.
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FALSE
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6) Consumers are primarily price-driven when shopping on the Internet.
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FALSE
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7) Online retailing provides an example of the powerful role that intermediaries continue to play in retail trade.
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TRUE
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8) The power of suppliers is a key industry strategic factor.
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TRUE
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9) In the United States, the service sector accounts for about 75% of all economic activity.
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TRUE
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10) The retail industry is the largest investor in information technology.
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FALSE
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11) Social network sites have become major locations from which consumers directly purchase products.
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FALSE
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12) Approximately two-thirds of U.S. Internet users use online banking.
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TRUE
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13) The online mortgage industry has transformed the process of obtaining a mortgage.
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FALSE
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14) The major impact of Internet real estate sites is in enabling online-only property transactions.
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FALSE
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15) Online career sites are being threatened by both job search engines and aggregators.
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TRUE
