ISM 3013 eCommerce Review – Flashcards

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question
A large number of online eCommerce marketplaces try to create offer lowers costs to their customers by - Providing self-service options - Interactive Marketing and Personalization - Collaborative filtering - All of the above - None of the above
answer
None of the above
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Channel conflict occurs when click-and-mortar companies have problems with their regular distributors when they sell directly to customers online. - True - False
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True
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Which of the following is not an effect that E-commerce has had on organizations? - E-commerce enables smaller businesses to operate in areas dominated by larger companies. - E-commerce increases the number of potential customers to whom the company can market its products. - E-commerce is a costly medium for increasing market share -E-commerce removes many barriers for start-up businesses. - E-commerce makes it easy to reach customers around the world.
answer
E-commerce is a costly medium for increasing market share
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Which of the following is an example of Pure eCommerce? - Buying a music CD on Amazon.com - Buying a DVD with Digital copy at Walmart.com - Buying a ringtone on iTunes.com - Buying a iTunes gift card at Target store
answer
buying a ringtone on iTunes.com
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Business-to-consumer applications comprise the majority of electronic commerce volume. - True - False
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False
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Dell's online business model relies heavily on - Disintermediation - Reintermediation - A combination of A and B -Neither A nor B
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disintermediation
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Virtual banks are those banks that are dedicated only to Internet transactions. - True - False
answer
true
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Delta Airlines's mobile app that allows passengers to check-in online and boarding the flight without printing out a paper boarding pass in an example of: - e-Tailing - e-Services - e-Marketing
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e-Services
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e-Business is a subset of e-Commerce - True - False
answer
false
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Customers are attracted to e-Commerce by -Time and Cost savings - Variety of products available - Detailed Information on Products - All of the above
answer
all of the above
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Reintermediation offers larger organizations to pass on cost savings to their customers. - True - False
answer
false
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In traditional commerce, one or more of the following can be digital: the product or service, the process, and the delivery agent. - True - False
answer
false
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An electronic storefront is a Web site on the Internet that represents a single store. - True - False
answer
true
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Which of the following statements regarding the relationship between electronic commerce and search is not correct? - Purchases often follow successful online searches. - Shopping carts are often abandoned after unsuccessful online searches. - Retailers will provide fewer product details to avoid information overload for customers. - Customers will be able to find the closest store offering the product that they want. - Customers will have more relevant product information in the near future.
answer
Retailers will provide fewer product details to avoid information overload for customers.
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Forward auctions are auctions that sellers use as a channel to many potential buyers. - True - False
answer
true
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In _____, direct and indirect materials in one industry are purchased on an as-needed basis. - horizontal exchanges - vertical exchanges - buy-side marketplaces - functional exchanges -sell-side marketplaces
answer
vertical exchanges
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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, and make a purchase, then the vendor pays a commission to the partner. This scenario illustrates which business model? - find-the-best-price - electronic tendering system - name-your-own-price - online direct marketing - affiliate marketing
answer
affiliate marketing
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Internet advertising is impersonal, one-way mass communication. -True - False
answer
False
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A _____ is automatically launched by some trigger and appears behind the active window. -keyword banner - random banner -pop-up ad - pop-under ad - text box
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pop-under ad
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In _____ auctions, there is one buyer who wants to buy a product. Suppliers submit bids, and the lowest bid wins. - forward - static - reverse -physical - simple
answer
reverse
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In most cases, traditional payment systems are not effective for electronic commerce. - True - False
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true
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In this type of e-commerce, the sellers and buyers are organizations. - government-to-citizen - consumer-to-consumer - business-to-business - business-to-consumer - consumer-to-business
answer
business-to-business
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The practice of using similar but not identical domain names is called _____. - domain spoofing - domain masquerading - domain tasting - cybersquatting - domain fraud
answer
domain tasting
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In _____ auctions, there is one buyer who wants to buy a product. Suppliers submit bids, and the lowest bid wins. - forward - static - reverse - physical - simple
answer
reverse
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eBay uses a _____ auction. - forward - static - reverse - physical - simple
answer
forward
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