Exam 8: Electronic and Mobile Commerce

_____ is a subset of e-commerce where all the participants are organizations.

An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market information, and run back-office operations.

The number of mobile Web sites worldwide is expected to grow rapidly because of:

Digital certificates verify both purchaser and supplier identities in an e-commerce transaction.

A growing trend is consumers researching products online but then purchasing those products at their local brick-and-mortar stores.

The smart card is used to secure sensitive data.

A business-to-business (B2B) market is considerably larger than a business-to-consumer (B2C) market.

The predominant pricing model used in a blind advertising network and abbreviated CPC is _____.

_____ occurs when someone steals a person's personal information and uses it without his or her permission often to commit fraud or other crimes.

Identify and briefly discuss three key challenges to e-commerce.

The _____ is a credit card-sized device with an embedded microchip to provide electronic memory and processing capability.

The identification of specific markets to target them with tailored advertising messages is referred to as _____.

Government-to-citizen (G2C) applications support the purchase of materials and services from private industry by government procurement offices.

The length of sales process for a typical business-to-business (B2B) e-commerce is shorter than that for a typical consumer-to-consumer (C2C) e-commerce.

Based on a Supreme Court ruling, an Internet-based merchant needs to charge sales tax only when _____.

_____ is a form of e-commerce in which the length of the sales process varies from a few hours to a few days, and there are one or two people involved in the decision-making process.

A smart card carries no preset spending limit, and each month the user can pay all or part of the amount owed.

_____ exchanges are run by a group of traditionally competing companies with common procurement needs.

The ______ is a security technique associated with the use of credit cards at the time of purchase that checks additional digits printed on the back of the credit cards.

All credit card customers are protected by law from paying more than _____ for fraudulent transactions.