Question 1

Which of the following is not a major business trend in e-commerce in 2016-2017?

Accepted Answer

A) the growth of a mobile app ecosystem 
B) the weakening revenues of B2B e-commerce 
C) the emergence of social e-commerce 
D) the growth of the on-demand service firms 
A) the growth of a mobile app ecosystem 
B) the weakening revenues of B2B e-commerce 
C) the emergence of social e-commerce 
D) the growth of the on-demand service firms

Question 2

Cost transparency refers to the ease with which consumers can find out the variety of prices in a market.

Accepted Answer

A) True 
 B)False

Question 3

Universal standards make price discovery more costly,slower,and less accurate.

Accepted Answer

A) True 
 B)False

Question 4

What is a first mover? Why was being a first mover considered to be important during the early years of e-commerce?

Accepted Answer

First movers are firms who are first to

Question 5

E-commerce is available just about everywhere and anytime.This is known as ________.

Accepted Answer

A) richness 
B) information density 
C) ubiquity 
D) reach 
A) richness 
B) information density 
C) ubiquity 
D) reach

Question 6

All of the following are major social trends in e-commerce in 2016-2017 except for:

Accepted Answer

A) concerns about the flood of temporary,low paying jobs without benefits being generated by on-demand service companies. 
B) the continuing conflict over copyright management and control. 
C) the refusal of online retailers to accept taxation of Internet sales. 
D) the growth of government surveillance of Internet communications. 
A) concerns about the flood of temporary,low paying jobs without benefits being generated by on-demand service companies. 
B) the continuing conflict over copyright management and control. 
C) the refusal of online retailers to accept taxation of Internet sales. 
D) the growth of government surveillance of Internet communications.

Question 7

Which of the following refers to any disparity in relevant market information among parties in a transaction?

Accepted Answer

A) information asymmetry 
B) unfair competitive advantage 
C) imperfect competition 
D) dynamic pricing 
A) information asymmetry 
B) unfair competitive advantage 
C) imperfect competition 
D) dynamic pricing

Question 8

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

Accepted Answer

A) consumer-to-consumer (C2
C)  
B) social e-commerce 
C) mobile e-commerce 
D) business-to-business (B2
B)  
A) consumer-to-consumer (C2
C)  
B) social e-commerce 
C) mobile e-commerce 
D) business-to-business (B2
B)

Question 9

The total number of users or customers an e-commerce business can obtain is called:

Accepted Answer

A) ubiquity. 
B) interactivity. 
C) reach. 
D) information density. 
A) ubiquity. 
B) interactivity. 
C) reach. 
D) information density.

Question 10

The Internet has shown similar growth patterns as other electronic technologies of the past.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following features of e-commerce technology allows users to participate in the creation of online content?

Accepted Answer

A) ubiquity 
B) global reach 
C) information density 
D) social technology 
A) ubiquity 
B) global reach 
C) information density 
D) social technology

Question 12

Which of the following statements about the Web is not true?

Accepted Answer

A) The Web is the technology upon which the Internet is based. 
B) The Web was the original "killer app." 
C) The Web provides access to pages written in HyperText Markup Language. 
D) The Web is both a communications infrastructure and an information storage system. 
A) The Web is the technology upon which the Internet is based. 
B) The Web was the original "killer app." 
C) The Web provides access to pages written in HyperText Markup Language. 
D) The Web is both a communications infrastructure and an information storage system.

Question 13

Why study e-commerce?

Accepted Answer

E-commerce technology is different and m

Question 14

Which of the following is not a characteristic of a perfect competitive market?

Accepted Answer

A) Price,cost,and quality information are equally distributed. 
B) A nearly infinite set of suppliers compete against one another. 
C) Customers have access to all relevant information worldwide. 
D) It is highly regulated. 
A) Price,cost,and quality information are equally distributed. 
B) A nearly infinite set of suppliers compete against one another. 
C) Customers have access to all relevant information worldwide. 
D) It is highly regulated.

Question 15

Explain why a firm's online inventory control system is an example of e-business rather than e-commerce.What is the key factor in determining if a transaction is "commerce"?

Accepted Answer

E-business refers primarily to digitally

Question 16

Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

Accepted Answer

A) Marketing messages had little richness. 
B) The smaller the audience reached,the less rich the message. 
C) The larger the audience reached,the less rich the message. 
D) Richness was unrelated to reach. 
A) Marketing messages had little richness. 
B) The smaller the audience reached,the less rich the message. 
C) The larger the audience reached,the less rich the message. 
D) Richness was unrelated to reach.

Question 17

The emergence of mobile,social,and local e-commerce occurred during the Consolidation period of e-commerce.

Accepted Answer

A) True 
 B)False

Question 18

List and briefly explain the main types of e-commerce.

Accepted Answer

The main types of e-commerce are busines

Question 19

The early years of e-commerce are considered:

Accepted Answer

A) the most promising time in history for the successful implementation of first mover advantages. 
B) an economist's dream come true,where for a brief time consumers had access to all relevant market information and transaction costs plummeted. 
C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year. 
D) a dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses. 
A) the most promising time in history for the successful implementation of first mover advantages. 
B) an economist's dream come true,where for a brief time consumers had access to all relevant market information and transaction costs plummeted. 
C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year. 
D) a dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses.

Question 20

All of the following are examples of social networks except:

Accepted Answer

A) Instagram. 
B) Twitter. 
C) Y Combinator. 
D) Pinterest. 
A) Instagram. 
B) Twitter. 
C) Y Combinator. 
D) Pinterest.

Which of the following is not a major business trend in e-commerce in 2016-2017?

Cost transparency refers to the ease with which consumers can find out the variety of prices in a market.

Universal standards make price discovery more costly,slower,and less accurate.

What is a first mover? Why was being a first mover considered to be important during the early years of e-commerce?

E-commerce is available just about everywhere and anytime.This is known as ________.

All of the following are major social trends in e-commerce in 2016-2017 except for:

Which of the following refers to any disparity in relevant market information among parties in a transaction?

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

The total number of users or customers an e-commerce business can obtain is called:

The Internet has shown similar growth patterns as other electronic technologies of the past.

Which of the following features of e-commerce technology allows users to participate in the creation of online content?

Which of the following statements about the Web is not true?

Why study e-commerce?

Which of the following is not a characteristic of a perfect competitive market?

Explain why a firm's online inventory control system is an example of e-business rather than e-commerce.What is the key factor in determining if a transaction is "commerce"?

Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

The emergence of mobile,social,and local e-commerce occurred during the Consolidation period of e-commerce.

List and briefly explain the main types of e-commerce.

The early years of e-commerce are considered:

All of the following are examples of social networks except:

E-Commerce Business Models and Concepts

E-Commerce Infrastructure: the Internet, web, and Mobile Platform

Building an E-Commerce Presence: Websites, mobile Sites, and Apps

E-Commerce Security and Payment Systems

E-Commerce Marketing and Advertising Concepts

Social,mobile,and Local Marketing

Ethical,social,and Political Issues in E-Commerce

Online Retail and Services

Online Content and Media

Social Networks, auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters

Exam 1: The Revolution Is Just Beginning

Which of the following is not a major business trend in e-commerce in 2016-2017?

Cost transparency refers to the ease with which consumers can find out the variety of prices in a market.

Universal standards make price discovery more costly,slower,and less accurate.

What is a first mover? Why was being a first mover considered to be important during the early years of e-commerce?

E-commerce is available just about everywhere and anytime.This is known as ________.

All of the following are major social trends in e-commerce in 2016-2017 except for:

Which of the following refers to any disparity in relevant market information among parties in a transaction?

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

The total number of users or customers an e-commerce business can obtain is called:

The Internet has shown similar growth patterns as other electronic technologies of the past.

Which of the following features of e-commerce technology allows users to participate in the creation of online content?

Which of the following statements about the Web is not true?

Why study e-commerce?

Which of the following is not a characteristic of a perfect competitive market?

Explain why a firm's online inventory control system is an example of e-business rather than e-commerce.What is the key factor in determining if a transaction is "commerce"?

Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

The emergence of mobile,social,and local e-commerce occurred during the Consolidation period of e-commerce.

List and briefly explain the main types of e-commerce.

The early years of e-commerce are considered:

All of the following are examples of social networks except:

E-Commerce Business Models and Concepts

E-Commerce Infrastructure: the Internet, web, and Mobile Platform

Building an E-Commerce Presence: Websites, mobile Sites, and Apps

E-Commerce Security and Payment Systems

E-Commerce Marketing and Advertising Concepts

Social,mobile,and Local Marketing

Ethical,social,and Political Issues in E-Commerce

Online Retail and Services

Online Content and Media

Social Networks, auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters