question

Which of the following is a lure of e-commerce?

answer

Lower transaction costs

question

Two questions a buyer in a B2B purchase would be asking are:

answer

Will it make me money? Will it save me money?

question

With ____ sales, the sale is almost instantaneous

answer

B2C

question

Which of the following items as the highest degree of digitization?

answer

An e-book you order online for a reader such as a Kindle or Nook

question

Pure-play organizations:

answer

Only sell their products online

question

In the ____ marketplace model, the reverse auction is typically used:

answer

buy-side

question

Purchasing cards are most often used by:

answer

Businesses making relatively small, unplanned purchases

question

Purchasing products and services online often cuts out the middleman, who has traditionally sold the product and/or service. This process is called:

answer

Disintermediation

question

Banner advertising:

answer

Forces customers to click on an ad to get more information

question

In ____, needed services such as temporary help or extra space are traded on an as-needed basis.

answer

functional exchanges

question

A(n) is _____ automatically launched by some trigger and appears in front of the active window.

answer

pop-up ad

question

Business-to-business electronic commerce involves electronic relationships with:

answer

All of these

question

What area of e-commerce is especially conductive to fraud?

answer

Auctions

question

Which of the following is not an effect that E-commerce has had on organizations?

answer

E-commerce is a costly medium for increasing market share

question

Companies use Web sites for commerce for all of the following reasons except:

answer

To reduce the amount of actual cash they need to deal with

question

_____, which is a broader concept than _____, is the buying and selling of goods and services, as well as servicing customers, collaborating with business partners, and performing transactions within an organization.

answer

Electronic business, electronic commerce

question

The degree of digitization relates to all of the following except:

answer

The size of e-commerce transactions

question

In _____ e-commerce, the sellers and buyers are organizations

answer

business-to-business

question

In _____ e-commerce, an organization provides information and services to its workers.

answer

business-to-employee

question

Direct payment of Social Security benefits is an example of ____ e-commerce

answer

government-to-citizen

question

If you are a worker managing your fringe benefits over your company's intranet, you are engaging in _____ e-commerce

answer

business-to-employee

question

Which of the following statements regarding the relationship between electronic commerce and search is not correct?

answer

Retailers will provide fewer product details to avoid information overload for customers

question

In _____ auctions, there is one buyer who wants to buy a product. Suppliers submit bids, and the lowest bid wins.

answer

Reverse

question

eBay uses a _____ auction

answer

forward

question

In which of the following business models do businesses request quotes from suppliers and uses B2B with a reverse auction mechanism?

answer

electronic tendering system

question

A vendor asks its business partners to place logos or banners on their Web sites. If customers click on a logo, visit the vendor's site, make a purchase, then the vendor pays a commission to the partner. This scenario illustrates which business model?

answer

affiliate marketing

question

All of the following are limitations of traditional payment methods in electronic commerce except:

answer

It is more secure for the buyer to use the telephone than to complete a secure transaction on a computer

question

_____ are a payment mechanism that are similar to regular bank check but are transmitted electronically, with a signature in digital form

answer

electronic checks

question

______ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

answer

electronic credit cards

question

_____ are typically used for unplanned B2B purchase for amounts under $2,000

answer

purchasing cards

question

_____ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary

answer

stored-value money cards

question

_____ contain a chip that can store information and can be used for several purposes.

answer

smart cards

question

_____ enable two individuals to transfer without using a credit card

answer

person-to-person payments

question

_____ are software mechanisms that provide security measures and convenience for electronic commerce purchasing

answer

digital wallets

question

Which type of electronic commerce is the largest by volume?

answer

business-to-business

question

Which type of electronic commerce does Amazon practice?

answer

business-to-consumer

question

_____ e-commerce is also known as e-tailing

answer

business-to-consumer

question

Which of the following is not an electronic commerce application?

answer

evaluating an employee

question

Which of the following is not an advantage of e-tailing?

answer

you have only a few products to choose from

question

Cyberbanking offers all of the following advantages except:

answer

it is more expensive for the customer

question

Difficulties in order fulfillment are most closely associate with which type of electronic commerce?

answer

business-to-consumer

question

Internet advertising improves on traditional advertising in all of the following ways except:

answer

internet ads are always more effective than other types of advertising

question

_____ offer(s) consumers incentives to accept advertising and e-mail voluntarily

answer

permission marketing

question

_____ refers to online word-of-mouth marketing

answer

viral marketing

question

in the _____ marketplace model, organizations attempt to sell their products or services to other organizations electronically

answer

sell-side

question

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time

answer

buy-side

question

In the _____ B2B application, the orders of many buyers are aggregated so that they comprise a large volume, in order to merit more seller attention

answer

group purchasing

question

In ______, direct and indirect materials in one industry are purchased on an as-needed basis.

answer

vertical exchanges

question

_____ connect buyers and sellers across many industries and are used mainly for indirect materials

answer

horizontal exchanges

question

The practice of using similar but not identical domain names is called ____

answer

domain tasting

question

______ refers to the practice of registering or using domain names for the purpose of profiting from the goodwill or trademark belonging to someone else.

answer

cybersquatting

question

______ is a broad term that refers to the buying and selling of goods and services over the Internet, as well as servicing customers and collaborating with partners

answer

e-business

question

eBay is an example of which type of e-commerce

answer

consumer-to-consumer

question

The indiscriminate distribution of electronic ads without permission of the receiver is referred to as:

answer

spamming

question

inputs to the manufacturing process are known as:

answer

direct materials

question

In order to get customers to visit retail stores, some have resorted to:

answer

providing electronic incentives via smart phones

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