Exam 10: E-Commerce: Digital Markets, Digital Goods

Which of the following best describes the digital social graph?

Information ________ exists when one party in a transaction has more information that is important for the transaction than the other party.

________ refers to businesses selling goods and services electronically to individuals.

A new social mobile app you are developing allows users to find friends who are logged in and within a 10-mile radius.This would be categorized as a ________ service.

Goods that are involved in the actual production process are referred to as

The Internet enables ________ marketing,by leveraging the fact that there is always some demand,however small,for a product.

All previous mass media in modern history,including the printing press,use a broadcast model where content is created in a central location by experts.

You are consulting for Lucky's,a chain of gas stations.What types of e-commerce opportunities,if any,are relevant to Lucky's? Could Lucky's make use of any Internet business models for this opportunity?

The process of sourcing goods and materials,negotiating with suppliers,paying for goods,and making delivery arrangements is called

What is the primary benefit to consumers of disintermediation?