Question 1

Phishing is commonly used to steal credit card numbers.

Accepted Answer

A) True 
 B)False

Question 2

________ involves tricking a person into entering sensitive personal or financial information into a form on a Web site or in an email, typically by convincing the person that she is dealing with a site she normally interacts with, such as her bank.

Accepted Answer

A) Adware 
B) Spyware 
C) Phishing 
D) Spam 
A) Adware 
B) Spyware 
C) Phishing 
D) Spam

Question 3

What is outsourcing? Why would a company want to outsource some activities?

Accepted Answer

Outsourcing occurs when a company in one

Question 4

An online dating service that charges members makes money primarily through using a(n)________.

Accepted Answer

A) fee-based model 
B) intermediary model 
C) community-based model 
D) advertising-based model 
A) fee-based model 
B) intermediary model 
C) community-based model 
D) advertising-based model

Question 5

Most states are pleased that their residents buy products online.

Accepted Answer

A) True 
 B)False

Question 6

A business that offers potential buyers the opportunity to make purchases either online or in a physical location uses a ________ business model.

Accepted Answer

A) bricks and mortar 
B) click and mortar 
C) C2C 
D) C2B 
A) bricks and mortar 
B) click and mortar 
C) C2C 
D) C2B

Question 7

B2C transactions can involve all of the following EXCEPT ________.

Accepted Answer

A) "clicks and mortar." 
B) Internet marketing. 
C) a company shipping a physical product to a consumer who ordered that product online. 
D) a procurement exchange. 
A) "clicks and mortar." 
B) Internet marketing. 
C) a company shipping a physical product to a consumer who ordered that product online. 
D) a procurement exchange.

Question 8

Software that displays banner ads or pop-up ads on your computer is called ________.

Accepted Answer

A) adware 
B) spyware 
C) phishing 
D) spam 
A) adware 
B) spyware 
C) phishing 
D) spam

Question 9

What are the difficulties of online banking?

Accepted Answer

First, not all banks offer the full rang

Question 10

The "long tail" effect refers to ________.

Accepted Answer

A) using four or more keywords in a search engine to get narrow and specific search results 
B) the ability of consumers to use the Internet to buy items that would otherwise be difficult to obtain 
C) the unknown impact that the Internet will have on commerce and culture over the coming decades 
D) how some small companies are able to succeed by creating products for larger companies 
A) using four or more keywords in a search engine to get narrow and specific search results 
B) the ability of consumers to use the Internet to buy items that would otherwise be difficult to obtain 
C) the unknown impact that the Internet will have on commerce and culture over the coming decades 
D) how some small companies are able to succeed by creating products for larger companies

Question 11

The online advertising acronym PPC stands for ________.

Accepted Answer

A) push-pull charging 
B) pay per click 
C) person pays cash 
D) players pays (the)cash 
A) push-pull charging 
B) pay per click 
C) person pays cash 
D) players pays (the)cash

Question 12

A B2B site that describes current standards and developments within an industry can best be classified as a(n)________.

Accepted Answer

A) procurement exchange site 
B) brokering site 
C) company Web site 
D) information site 
A) procurement exchange site 
B) brokering site 
C) company Web site 
D) information site

Question 13

"Clicks and mortar" refers to a businesses that sell products from both physical locations and online.

Accepted Answer

A) True 
 B)False

Question 14

Of the following, which is harmed MOST by current regulations governing the collection of sales taxes on Internet purchases?

Accepted Answer

A) online companies such as 1-800-FLOWERS 
B) people who purchase items over the Internet 
C) state governments that charge sales taxes 
D) the federal (national)government 
A) online companies such as 1-800-FLOWERS 
B) people who purchase items over the Internet 
C) state governments that charge sales taxes 
D) the federal (national)government

Question 15

Briefly describe the major types of online advertising.

Accepted Answer

Online advertising primarily is comprise

Question 16

What are the advantages to the owners and customers of a "clicks and mortar" business?

Accepted Answer

Clicks and mortar businesses offer poten

Question 17

The advertising B2C model works best when targeting a product or service to the general population.

Accepted Answer

A) True 
 B)False

Question 18

What is the current situation regarding sales taxes on Internet commerce? Who benefits? Who loses? Is the situation fair? Why or why not?

Accepted Answer

The companies that sell products on the

Question 19

UPS has a(n)________ that allows businesses to examine UPS services and prices and track shipments.

Accepted Answer

A) company Web site 
B) procurement exchange site 
C) specialized industry portal site 
D) information site 
A) company Web site 
B) procurement exchange site 
C) specialized industry portal site 
D) information site

Question 20

Most traditional banks allow customers to do some or all transactions online.

Accepted Answer

A) True 
 B)False

Exam 1: Mini E-Commerce

Phishing is commonly used to steal credit card numbers.

________ involves tricking a person into entering sensitive personal or financial information into a form on a Web site or in an email, typically by convincing the person that she is dealing with a site she normally interacts with, such as her bank.

What is outsourcing? Why would a company want to outsource some activities?

An online dating service that charges members makes money primarily through using a(n)________.

Most states are pleased that their residents buy products online.

A business that offers potential buyers the opportunity to make purchases either online or in a physical location uses a ________ business model.

B2C transactions can involve all of the following EXCEPT ________.

Software that displays banner ads or pop-up ads on your computer is called ________.

What are the difficulties of online banking?

The "long tail" effect refers to ________.

The online advertising acronym PPC stands for ________.

A B2B site that describes current standards and developments within an industry can best be classified as a(n)________.

"Clicks and mortar" refers to a businesses that sell products from both physical locations and online.

Of the following, which is harmed MOST by current regulations governing the collection of sales taxes on Internet purchases?

Briefly describe the major types of online advertising.

What are the advantages to the owners and customers of a "clicks and mortar" business?

The advertising B2C model works best when targeting a product or service to the general population.

What is the current situation regarding sales taxes on Internet commerce? Who benefits? Who loses? Is the situation fair? Why or why not?

UPS has a(n)________ that allows businesses to examine UPS services and prices and track shipments.

Most traditional banks allow customers to do some or all transactions online.

Business in the United States

Economics and Banking

Ethics and Social Responsibility

Business in a Global Economy

Entrepreneurs and Small Businesses

Forms of Business Ownership

Functions and Skills of Management

Motivation, Leadership, and Teamwork

Human Resources and Labor Relations

Business Technology: Management Information Systems

Production and Operations Management

Marketing and Consumer Behavior

Product Development and Pricing Strategies

Promotion and Distribution

Financing and Tracking Business Operations

Securities and Investments

Mini Constructing a Successful Business Plan

Mini Business Communications

Mini Finding Employment

Mini Personal Finance

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