Question 1

Which of the following features of e-commerce technology is related to the concept of network externalities?

Accepted Answer

A) richness 
B) interactivity 
C) universal standards 
D) information density 
A) richness 
B) interactivity 
C) universal standards 
D) information density

Question 2

Which of the following statements is not true?

Accepted Answer

A) Information asymmetries are continually being introduced by merchants and marketers. 
B) Intermediaries have not disappeared. 
C) Overall transaction costs have dropped dramatically. 
D) Brands remain very important in e-commerce. 
A) Information asymmetries are continually being introduced by merchants and marketers. 
B) Intermediaries have not disappeared. 
C) Overall transaction costs have dropped dramatically. 
D) Brands remain very important in e-commerce.

Question 3

The fact that e-commerce is conducted on the basis of universal standards increases search costs for consumers.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following is not true about the use of apps?

Accepted Answer

A) The average U.S.consumer spends over three hours a day using apps. 
B) Users still spend less time using apps than they do using desktops or mobile websites. 
C) Apps are easier to control and monetize than websites. 
D) Around 280 million people worldwide launch a smartphone app more than 60 times a day. 
A) The average U.S.consumer spends over three hours a day using apps. 
B) Users still spend less time using apps than they do using desktops or mobile websites. 
C) Apps are easier to control and monetize than websites. 
D) Around 280 million people worldwide launch a smartphone app more than 60 times a day.

Question 5

Which of the following is not an element of friction-free commerce?

Accepted Answer

A) Information is equally distributed. 
B) Transaction costs are high. 
C) Prices can be dynamically adjusted to reflect actual demand. 
D) Unfair competitive advantages are eliminated. 
A) Information is equally distributed. 
B) Transaction costs are high. 
C) Prices can be dynamically adjusted to reflect actual demand. 
D) Unfair competitive advantages are eliminated.

Question 6

Which of the following is an example of an on-demand service company?

Accepted Answer

A) YouTube 
B) Airbnb 
C) Tumblr 
D) Facebook 
A) YouTube 
B) Airbnb 
C) Tumblr 
D) Facebook

Question 7

Which academic disciplines have a technical approach to e-commerce? What is each discipline interested in to contribute to the overall success of e-commerce?

Accepted Answer

Computer scientists,operations managemen

Question 8

Which of the following is a physical place you visit to conduct business?

Accepted Answer

A) marketspace 
B) marketplace 
C) social network 
D) the Internet 
A) marketspace 
B) marketplace 
C) social network 
D) the Internet

Question 9

Which of the following is an example of an e-commerce first mover that failed?

Accepted Answer

A) Etsy 
B) eToys 
C) eBay 
D) E*Trade 
A) Etsy 
B) eToys 
C) eBay 
D) E*Trade

Question 10

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

Accepted Answer

A) Mobile messaging services become popular with smartphone users. 
B) Firms are turning to business analytics to make sense out of big data. 
C) The mobile computing and communications platform creates an alternative platform for online transactions,marketing,advertising,and media viewing. 
D) Computing and networking component prices increase dramatically. 
A) Mobile messaging services become popular with smartphone users. 
B) Firms are turning to business analytics to make sense out of big data. 
C) The mobile computing and communications platform creates an alternative platform for online transactions,marketing,advertising,and media viewing. 
D) Computing and networking component prices increase dramatically.

Question 11

Describe the visions and forces during the early days of e-commerce in terms of what the various interest groups hoped for: computer science and information technology professionals;economists;and entrepreneurs,venture capitalists and marketers.Did each group's vision come to fruition? Explain why or why not.

Accepted Answer

Computer scientists and information tech

Question 12

The costs incurred by merchants changing product prices (such as the costs of reentering prices into computer systems)are referred to as:

Accepted Answer

A) subscription costs. 
B) fixed costs. 
C) menu costs. 
D) variable costs. 
A) subscription costs. 
B) fixed costs. 
C) menu costs. 
D) variable costs.

Question 13

How has e-commerce changed the marketing of goods?

Accepted Answer

E-commerce has greatly changed the marke

Question 14

In which year was e-commerce said to have begun?

Accepted Answer

A) 1983 
B) 1985 
C) 1995 
D) 2001 
A) 1983 
B) 1985 
C) 1995 
D) 2001

Question 15

Which business application is associated with the technological development of local area networks and client/server computing?

Accepted Answer

A) transaction automation (e.g. ,payroll) 
B) desktop automation (e.g. ,word processing) 
C) industrial system automation (e.g. ,supply chain management) 
D) workgroup automation (e.g. ,document sharing) 
A) transaction automation (e.g. ,payroll) 
B) desktop automation (e.g. ,word processing) 
C) industrial system automation (e.g. ,supply chain management) 
D) workgroup automation (e.g. ,document sharing)

Question 16

Unfair competitive advantages occur when:

Accepted Answer

A) one competitor has an advantage others cannot purchase. 
B) market middlemen are displaced. 
C) information is equally distributed and transaction costs are low. 
D) firms are able to gather monopoly profits. 
A) one competitor has an advantage others cannot purchase. 
B) market middlemen are displaced. 
C) information is equally distributed and transaction costs are low. 
D) firms are able to gather monopoly profits.

Question 17

Which of the following refers to the practice of researching a product online before purchasing it at a physical store?

Accepted Answer

A) zooming 
B) grazing 
C) showrooming 
D) webrooming 
A) zooming 
B) grazing 
C) showrooming 
D) webrooming

Question 18

All of the following are issues facing Pinterest except:

Accepted Answer

A) copyright infringement. 
B) inability to retain users. 
C) spam. 
D) scams. 
A) copyright infringement. 
B) inability to retain users. 
C) spam. 
D) scams.

Question 19

Which of the following terms is synonymous with e-commerce?

Accepted Answer

A) e-business 
B) digital commerce 
C) the Internet 
D) the Web 
A) e-business 
B) digital commerce 
C) the Internet 
D) the Web

Question 20

Which of the following is an example of C2C e-commerce?

Accepted Answer

A) Amazon 
B) Groupon 
C) Craigslist 
D) Go2Paper 
A) Amazon 
B) Groupon 
C) Craigslist 
D) Go2Paper

Which of the following features of e-commerce technology is related to the concept of network externalities?

Which of the following statements is not true?

The fact that e-commerce is conducted on the basis of universal standards increases search costs for consumers.

Which of the following is not true about the use of apps?

Which of the following is not an element of friction-free commerce?

Which of the following is an example of an on-demand service company?

Which academic disciplines have a technical approach to e-commerce? What is each discipline interested in to contribute to the overall success of e-commerce?

Which of the following is a physical place you visit to conduct business?

Which of the following is an example of an e-commerce first mover that failed?

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

The costs incurred by merchants changing product prices (such as the costs of reentering prices into computer systems)are referred to as:

How has e-commerce changed the marketing of goods?

In which year was e-commerce said to have begun?

Which business application is associated with the technological development of local area networks and client/server computing?

Unfair competitive advantages occur when:

Which of the following refers to the practice of researching a product online before purchasing it at a physical store?

All of the following are issues facing Pinterest except:

Which of the following terms is synonymous with e-commerce?

Which of the following is an example of C2C e-commerce?

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 features of e-commerce technology is related to the concept of network externalities?

Which of the following statements is not true?

The fact that e-commerce is conducted on the basis of universal standards increases search costs for consumers.

Which of the following is not true about the use of apps?

Which of the following is not an element of friction-free commerce?

Which of the following is an example of an on-demand service company?

Which academic disciplines have a technical approach to e-commerce? What is each discipline interested in to contribute to the overall success of e-commerce?

Which of the following is a physical place you visit to conduct business?

Which of the following is an example of an e-commerce first mover that failed?

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

The costs incurred by merchants changing product prices (such as the costs of reentering prices into computer systems)are referred to as:

How has e-commerce changed the marketing of goods?

In which year was e-commerce said to have begun?

Which business application is associated with the technological development of local area networks and client/server computing?

Unfair competitive advantages occur when:

Which of the following refers to the practice of researching a product online before purchasing it at a physical store?

All of the following are issues facing Pinterest except:

Which of the following terms is synonymous with e-commerce?

Which of the following is an example of C2C e-commerce?

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