Question 1

What are the advantages of business-to-business (B2B) e-commerce?

Accepted Answer

Answers will vary.B2B e-commerce lowers ...

Question 2

_____ is a supporting activity in Michael Porter's value chain.

Accepted Answer

A)   Service
B)   Logistics
C)   Marketing and sales
D)   Human resource managementE) B) and C)
F) A) and B)

Question 3

A(n)  _____ is the electronic exchange of money or scrip.

Accepted Answer

A)   electronic payment
B)   electronic exchange
C)   electronic cash transfer
D)   electronic assortmentE) A) and B)
F) A) and C)

Question 4

How do companies use business-to-business (B2B) applications?

Accepted Answer

Answers will vary.Companies use B2B appl...

Question 5

Click-and-brick e-commerce struggles to incorporate online interaction.

Accepted Answer

A) True 
 B)False

Question 6

In the third-party exchange marketplace model, the sale of medical products is an example of a _____.

Accepted Answer

A)   horizontal market
B)   vertical market
C)   baseline market
D)   sideline marketE) A) and D)
F) C) and D)

Question 7

Government and nonbusiness organizations are prohibited from using e-commerce applications.

Accepted Answer

A) True 
 B)False

Question 8

Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically every week. It is evident that Jack uses _____ as the mode of payment.

Accepted Answer

A)   e-cash
B)   a nanopayment card
C)   e-pay
D)   a micropayment cardE) B) and C)
F) A) and C)

Question 9

In a value chain, service involves _____.

Accepted Answer

A)   processing raw materials into finished goods
B)   identifying customer needs and generating sales
C)   activities to support customers after the sale of products
D)   tasks associated with receiving, storing, and disseminating incoming goodsE) A) and B)
F) C) and D)

Question 10

The Web page displayed when a user first visits a site is called a(n)  _____.

Accepted Answer

A)   ad impression
B)   cookie
C)   splash screen
D)   hitE) A) and B)
F) None of the above

Question 11

The use of e-wallets is restricted to nonportable devices.

Accepted Answer

A) True 
 B)False

Question 12

BuyStore Inc., an online retail store, sells all of its products through its Web site, buystore.com, and through an application on cell phones. BuyStore Inc. is an example of a _____.

Accepted Answer

A)   brick-and-mortar firm
B)   pure-play company
C)   third-party broker
D)   physical storefrontE) B) and C)
F) B) and D)

Question 13

E-commerce provides product acknowledgements through phone calls and faxes.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is a supporting activity in a value chain?

Accepted Answer

A)   Operations
B)   Logistics
C)   Technological development
D)   Marketing and salesE) A) and B)
F) A) and C)

Question 15

E-commerce sites that use the _____ collect data on consumers and businesses and then sell this data to other companies for marketing purposes.

Accepted Answer

A)   brokerage model
B)   merchant model
C)   infomediary model
D)   subscription modelE) None of the above
F) A) and B)

Question 16

Which of the following is true of mobile commerce (m-commerce)  applications?

Accepted Answer

A)   They are supported by short-range wireless communication technologies.
B)   They predominantly rely on voice recognition and text-to-speech technologies.
C)   They are incompatible with 3G and 4G networks.
D)   They are based on wired protocols.E) C) and D)
F) A) and D)

Question 17

In the context of trading partner agreements, identify a true statement about electronic business Extensible Markup Language (ebXML) .

Accepted Answer

A)   It makes searches more efficient.
B)   It increases traffic on the Internet.
C)   It increases delays during peak usage hours.
D)   It enables customers to submit hard copies of documents.E) A) and D)
F) A) and C)

Question 18

Mobile commerce (m-commerce)  is based on the _____.

Accepted Answer

A)   Token Ring Protocol
B)   Ethernet Protocol
C)   Wireless Application Protocol
D)   Wi-Fi Protected ProtocolE) A) and C)
F) C) and D)

Question 19

Provide examples of how e-commerce can enhance a value chain.

Accepted Answer

Answers will vary.E-commerce can enhance...

Question 20

Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerators if a minimum of 100 buyers agree to buy the product within 24 hours of the offer being announced. In this case, it is evident that BuyLine is a _____.

Accepted Answer

A)   social networking site
B)   group buying platform
C)   peer-to-peer e-commerce platform
D)   participatory e-commerce siteE) A) and B)
F) A) and C)

Exam 8: E-Commerce

In the third-party exchange marketplace model, the sale of medical products is an example of a _____.

Correct AnswerverifiedShow Answer

Provide examples of how e-commerce can enhance a value chain.

Correct AnswerverifiedAnswers will vary.E-commerce can enhance...View AnswerShow Answer

What are the advantages of business-to-business (B2B) e-commerce?

Correct AnswerverifiedAnswers will vary.B2B e-commerce lowers ...View AnswerShow Answer

The Web page displayed when a user first visits a site is called a(n) _____.

Correct AnswerverifiedShow Answer

Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerators if a minimum of 100 buyers agree to buy the product within 24 hours of the offer being announced. In this case, it is evident that BuyLine is a _____.

Correct AnswerverifiedShow Answer

Government and nonbusiness organizations are prohibited from using e-commerce applications.

Correct AnswerverifiedShow Answer

Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically every week. It is evident that Jack uses _____ as the mode of payment.

Correct AnswerverifiedShow Answer

How do companies use business-to-business (B2B) applications?

Correct AnswerverifiedAnswers will vary.Companies use B2B appl...View AnswerShow Answer

BuyStore Inc., an online retail store, sells all of its products through its Web site, buystore.com, and through an application on cell phones. BuyStore Inc. is an example of a _____.

Correct AnswerverifiedShow Answer

_____ is a supporting activity in Michael Porter's value chain.

Correct AnswerverifiedShow Answer

In the context of trading partner agreements, identify a true statement about electronic business Extensible Markup Language (ebXML) .

Correct AnswerverifiedShow Answer

Which of the following is a supporting activity in a value chain?

Correct AnswerverifiedShow Answer

The use of e-wallets is restricted to nonportable devices.

Correct AnswerverifiedShow Answer

Which of the following is true of mobile commerce (m-commerce) applications?

Correct AnswerverifiedShow Answer

In a value chain, service involves _____.

Correct AnswerverifiedShow Answer

Mobile commerce (m-commerce) is based on the _____.

Correct AnswerverifiedShow Answer

A(n) _____ is the electronic exchange of money or scrip.

Correct AnswerverifiedShow Answer

Click-and-brick e-commerce struggles to incorporate online interaction.

Correct AnswerverifiedShow Answer

E-commerce sites that use the _____ collect data on consumers and businesses and then sell this data to other companies for marketing purposes.

Correct AnswerverifiedShow Answer

E-commerce provides product acknowledgements through phone calls and faxes.

Correct AnswerverifiedShow Answer

Correct Answer
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Answers will vary.E-commerce can enhance...
View Answer

Correct Answer
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Answers will vary.B2B e-commerce lowers ...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Answers will vary.Companies use B2B appl...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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