Info systems chp 10 – Flashcards
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Which of the following dimensions of e-commerce technology has the potential to raise the quality of information? Information density Interactivity Ubiquity Richness Customization
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Information density
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Which of the following is the best description of ubiquity as it relates to e-commerce technology? E-commerce technology is available everywhere and anytime. E-commerce technology allows personalized messages to be delivered to individuals as well as to groups. E-commerce technology reduces information costs. E-commerce technology permits commercial transactions to cross cultural and national boundaries. E-commerce technology employs the same set of standards across the globe.
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E-commerce technology is available everywhere and anytime.
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Craigslist is an example of: B2B e-commerce. C2C e-commerce. M-commerce. B2C e-commerce. B2G e-commerce.
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C2C e-commerce.
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Content providers use ________ systems to process large amounts of very small monetary transactions cost-effectively. freemium micropayment subscription transaction fee mobile payment
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micropayment
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The effort required to locate a suitable product is called: price discrimination. shopping costs. search costs. menu costs. market entry costs.
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search costs.
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Disintermediation has which of the following effects? It lowers costs to the consumer. It reduces the ties between consumers and businesses. It increases costs of manufacturing. It has no impact. It reduces the cost of advertising.
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It lowers costs to the consumer.
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Which of the following is the fastest growing format of online advertising? Rich media ads Email Search engine ads Video ads Classified ads
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Classified ads
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Market creators: create revenue by providing digital content over the web. provide an online meeting place where people with similar interests can communicate. provide a digital environment where buyers and sellers can establish prices for products. sell physical products directly to consumers or individual businesses. save users money and time by processing online sales transactions.
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provide a digital environment where buyers and sellers can establish prices for products.
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A secure website that links a large firm to its suppliers and other key business partners is called a(n): e-hub. exchange. marketspace. private industrial network. Net marketplace.
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private industrial network.
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Which of the following is not one of the unique features of e-commerce technology? Transparency Social technology Information density Richness Universal standards
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Transparency
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Net marketplaces typically provide all of the following except: sourcing. automated purchasing. processing and fulfillment. catalogs. shared product design and development.
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shared product design and development.
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Which of the following statements about m-commerce is not true? In 2015, m-commerce represented about 25 percent of all e-commerce. In 2015, m-commerce generated over $75 billion in revenue. In 2015, in-app sales to mobile devices account for about $9 billion in m-commerce revenues. M-commerce is the fastest growing form of e-commerce. In 2015, the main areas of growth are in mass market retailing and location-based services.
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In 2015, the main areas of growth are in mass market retailing and location-based services.
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Compared to traditional goods, digital goods have: lower costs of production. similar inventory costs. equivalent copying costs. higher marginal costs per unit. lower distribution costs.
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lower distribution costs.
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All of the following are increased in traditional markets compared to digital markets except: search costs. network effects. menu costs. switching costs. information asymmetry.
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network effects.
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Which of the following is a milestone for the Phase 1: Planning phase of developing an e-commerce presence? Social media plan Web mission statement Website plan Functional website Mobile media plan
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Web mission statement
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Transaction brokers: save users money and time by processing online sales transactions. sell physical products directly to consumers or individual businesses. create revenue by providing digital content. generate revenue from advertising or from directing buyers to sellers. provide a digital environment where buyers and sellers can establish prices for products.
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save users money and time by processing online sales transactions.
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