Question 1

Electronic business includes which of the following?

Accepted Answer

A)   buying and selling
B)   servicing customers
C)   collaborating with business partners
D)   conducting electronic transactions within an organization
E)   all of the aboveF) B) and C)
G) None of the above

Question 2

Trademark owners in the US are not allowed to sue for damages in cases of cybersquatting.

Accepted Answer

A) True 
 B)False  False

Question 3

Stored-value money cards contain chips with personal data..

Accepted Answer

A) True 
 B)False

Question 4

In this type of e-commerce, buyers and sellers are individuals.

Accepted Answer

A)   government-to-citizen
B)   consumer-to-consumer
C)   consumer-to-business
D)   business-to-consumer
E)   business-to-businessF) A) and B)
G) A) and C)

Question 5

The stock market is the only area of business that has experienced fraud on the Internet.

Accepted Answer

A) True 
 B)False

Question 6

Which type of electronic payment is typically favored in B2B

Accepted Answer

A)   Electronic checks
B)   Electronic credit cards
C)   Electronic cash
D)   Smart cardsE) A) and B)
F) C) and D)

Question 7

The key mechanisms in the sell-side marketplace are customized electronic catalogs and forward auctions.

Accepted Answer

A) True 
 B)False

Question 8

eBay is an example of which type of e-commerce?

Accepted Answer

A)   government-to-citizen
B)   consumer-to-consumer
C)   consumer-to-business
D)   business-to-consumer
E)   business-to-businessF) None of the above
G) B) and D) B

Question 9

The use of electronic commerce requires companies to hire additional employees.

Accepted Answer

A) True 
 B)False

Question 10

Which type of electronic exchange connect buyers with sellers within a specific industry?

Accepted Answer

A)   Public exchanges
B)   Vertical exchanges
C)   Horizontal exchanges
D)   Functional exchangesE) A) and B)
F) A) and C)

Question 11

When e-commerce is done in a wireless environment, this is called:

Accepted Answer

A)   pervasive computing
B)   wireless commerce
C)   location commerce
D)   consumer commerce
E)   mobile commerceF) D) and E)
G) A) and E)

Question 12

Manufacturers or retailers sell directly to customers in which of the following business models?

Accepted Answer

A)   find-the-best-price
B)   electronic tendering system
C)   name-your-own-price
D)   online direct marketing
E)   affiliate marketingF) C) and D)
G) A) and E)

Question 13

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

Accepted Answer

A)   keyword banner
B)   random banner
C)   pop-up ad
D)   pop-under ad
E)   text boxF) A) and B)
G) A) and C)

Question 14

Electronic commerce makes national and international markets less accessible.

Accepted Answer

A) True 
 B)False

Question 15

Organizations typically face issues related to e-tailing including

Accepted Answer

A)   channel conflict
B)   order fulfillment
C)   Companies face issues in both of these areas..
D)   Companies do not face issues in either of these areasE) All of the above
F) None of the above

Question 16

The primary characteristic of auctions is that prices are determined dynamically by competitive bidding.

Accepted Answer

A) True 
 B)False

Question 17

When two companies fight over a domain name the company that has been in business the longest is automatically considered the owner of the domain.

Accepted Answer

A) True 
 B)False  False

Question 18

Which of the following electronic payments is ideal for micropayments?

Accepted Answer

A)   Electronic checks
B)   Smart cards
C)   Purchasing cards
D)   None of the methods listed is suited to micropaymentsE) All of the above
F) A) and D)

Question 19

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

Accepted Answer

A)   horizontal exchanges
B)   vertical exchanges
C)   buy-side marketplaces
D)   functional exchanges
E)   sell-side marketplacesF) C) and E)
G) A) and B)

Question 20

In the _____ marketplace model, the reverse auction is typically used.

Accepted Answer

A)   buy-side
B)   sell-side
C)   group purchasing
D)   desktop purchasing
E)   electronic exchangeF) A) and B)
G) A) and C)

Exam 7: E-Business and E-Commerce

Electronic business includes which of the following?

Correct AnswerverifiedShow Answer

Trademark owners in the US are not allowed to sue for damages in cases of cybersquatting.

Correct AnswerverifiedFalse

Stored-value money cards contain chips with personal data..

Correct AnswerverifiedShow Answer

In this type of e-commerce, buyers and sellers are individuals.

Correct AnswerverifiedShow Answer

The stock market is the only area of business that has experienced fraud on the Internet.

Correct AnswerverifiedShow Answer

Which type of electronic payment is typically favored in B2B

Correct AnswerverifiedShow Answer

The key mechanisms in the sell-side marketplace are customized electronic catalogs and forward auctions.

Correct AnswerverifiedShow Answer

eBay is an example of which type of e-commerce?

Correct AnswerverifiedB

The use of electronic commerce requires companies to hire additional employees.

Correct AnswerverifiedShow Answer

Which type of electronic exchange connect buyers with sellers within a specific industry?

Correct AnswerverifiedShow Answer

When e-commerce is done in a wireless environment, this is called:

Correct AnswerverifiedShow Answer

Manufacturers or retailers sell directly to customers in which of the following business models?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Electronic commerce makes national and international markets less accessible.

Correct AnswerverifiedShow Answer

Organizations typically face issues related to e-tailing including

Correct AnswerverifiedShow Answer

The primary characteristic of auctions is that prices are determined dynamically by competitive bidding.

Correct AnswerverifiedShow Answer

When two companies fight over a domain name the company that has been in business the longest is automatically considered the owner of the domain.

Correct AnswerverifiedFalse

Which of the following electronic payments is ideal for micropayments?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

In the _____ marketplace model, the reverse auction is typically used.

Correct AnswerverifiedShow Answer

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False

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