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

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

In a few years,___________________will be the most common Internet access device.

Web site tracking software can log the path a customer took through the Web site,the time spent on the site,and what geographic area in general the customer is from,all of which can help in customer analysis.It can also log the customer's operating system and which browser the customer is using.How could these last two data items be of interest to a company? Give examples.

Consumers selling goods and services electronically to other consumers best describes

Through what channel did e-commerce first evolve?

Compared to traditional markets,digital markets have

________ are the merchants' costs of changing prices.

Which of the following best describes why small world theory is important to e-commerce?

Which feature of Internet technology has had the most effect in the Internet's rapid spread across the globe?

Streaming is a publishing method for music and video files that flows a continuous stream of content to a user's device without being stored locally on the device.

Ninety-six percent of all Canadian households with Internet access use a broadband connection.

Information ___________________ refers to the complexity and content of a message.

The Internet shrinks information asymmetry.

How are the Internet and e-commerce causing severe disruption to the existing advertising business model?

Telecommunications hardware and software is typically the least costly portion of a Web site budget.

Which of the following Internet business models does Amazon.com use?

Intellectual property refers to all forms of human expression,both tangible and intangible.

In general,the cost of hardware,software,and telecommunications for building and operating a Web site has fallen by over 50 percent since 2000.

________ describes the concept that a large group of people is better at making correct decisions than a single person.

In general,for digital goods,the marginal cost of producing another unit is about zero.