Question 1

Compared to traditional markets,digital markets have:

Accepted Answer

A) lower distributed delivery costs. 
B) higher marginal costs per unit. 
C) equivalent copying costs. 
D) similar inventory costs. 
A) lower distributed delivery costs. 
B) higher marginal costs per unit. 
C) equivalent copying costs. 
D) similar inventory costs.

Question 2

The act of engaging consumers in a dialog that dynamically adjusts the experience to the individual describes which dimension of e-commerce technology?

Accepted Answer

A) Ubiquity 
B) Personalization/customization 
C) Richness 
D) Interactivity 
A) Ubiquity 
B) Personalization/customization 
C) Richness 
D) Interactivity

Question 3

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

Accepted Answer

A) e-procurement. 
B) SCM. 
C) procurement. 
D) sourcing. 
A) e-procurement. 
B) SCM. 
C) procurement. 
D) sourcing.

Question 4

You are consulting for Lucky's,a chain of gas stations.What types of e-commerce opportunities,if any,are relevant to Lucky's? Could Lucky's make use of any Internet business models for this opportunity?

Accepted Answer

Student answers will vary.A sample answe

Question 5

Which of the following best illustrates the affiliate revenue model?

Accepted Answer

A) eBay receives a small fee from a seller if a seller is successful in selling an item. 
B) Epinions receives a fee after steering a customer to a participating Web site where he or she makes a purchase. 
C) Flickr provides basic services for free,but charges a premium for advanced services. 
D) Apple accepts micropayments for single music track downloads. 
A) eBay receives a small fee from a seller if a seller is successful in selling an item. 
B) Epinions receives a fee after steering a customer to a participating Web site where he or she makes a purchase. 
C) Flickr provides basic services for free,but charges a premium for advanced services. 
D) Apple accepts micropayments for single music track downloads.

Question 6

Which of the following statements about B2B commerce is not true?

Accepted Answer

A) Eighty percent of online B2B e-commerce is still based on EDI. 
B) B2B e-commerce represents approximately three-quarters of the overall B2B marketplace. 
C) B2B e-commerce only includes commercial transactions between firms. 
D) B2B e-commerce revenues in 2010 were over $3 trillion. 
A) Eighty percent of online B2B e-commerce is still based on EDI. 
B) B2B e-commerce represents approximately three-quarters of the overall B2B marketplace. 
C) B2B e-commerce only includes commercial transactions between firms. 
D) B2B e-commerce revenues in 2010 were over $3 trillion.

Question 7

The lowered costs of information storage,processing,and communication,along with the improvement of data quality,has resulted in which unique quality of e-commerce?

Accepted Answer

A) Information density 
B) Richness 
C) Customization 
D) Interactivity 
A) Information density 
B) Richness 
C) Customization 
D) Interactivity

Question 8

Information density refers to the:

Accepted Answer

A) richness-complexity and content-of a message. 
B) total amount and quantity of information delivered to consumers by merchants. 
C) total amount and quantity of information available to all market participants. 
D) amount of information available to reduce price transparency. 
A) richness-complexity and content-of a message. 
B) total amount and quantity of information delivered to consumers by merchants. 
C) total amount and quantity of information available to all market participants. 
D) amount of information available to reduce price transparency.

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Price transparency refers to the ability of consumers to discover what merchants actually pay for products.

Accepted Answer

A) True 
 B)False

Question 11

E-commerce refers to the use of any networking technologies to transact business.

Accepted Answer

A) True 
 B)False

Question 12

Exchanges have become one of the most popular types of Net marketplace because they encourage competitive bidding that drives prices down.

Accepted Answer

A) True 
 B)False

Question 13

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

Accepted Answer

A) Ubiquity 
B) Global reach 
C) Universal standards 
D) Social technology 
A) Ubiquity 
B) Global reach 
C) Universal standards 
D) Social technology

Question 14

What is the most profound way in which e-commerce and the Internet has changed the relationship between companies and their customers? Support your answer.

Accepted Answer

Student answers will vary.A sample answe

Question 15

Selling the same goods to different targeted groups at different prices is called:

Accepted Answer

A) cost customization. 
B) cost optimization. 
C) price gouging. 
D) price discrimination. 
A) cost customization. 
B) cost optimization. 
C) price gouging. 
D) price discrimination.

Question 16

Which of the following is the least costly way to build a Web site?

Accepted Answer

A) Outsource the Web site development to overseas vendors. 
B) Use a hosted solution and pre-built templates. 
C) Build your site yourself from scratch using existing software. 
D) Use a site-building package. 
A) Outsource the Web site development to overseas vendors. 
B) Use a hosted solution and pre-built templates. 
C) Build your site yourself from scratch using existing software. 
D) Use a site-building package.

Question 17

Podcasting allows subscribers to listen to live,streaming radio and other audio content.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following businesses utilizes the content provider Internet business model?

Accepted Answer

A) Amazon.com 
B) eBay.com 
C) CNN.com 
D) Motocross.com 
A) Amazon.com 
B) eBay.com 
C) CNN.com 
D) Motocross.com

Question 19

E-hubs are more ________ than private industrial networks.

Accepted Answer

A) transaction oriented 
B) collaborative 
C) independent 
D) supply-chain oriented 
A) transaction oriented 
B) collaborative 
C) independent 
D) supply-chain oriented

Question 20

In localized e-commerce,businesses market goods to customers that are only available at a specific location.

Accepted Answer

A) True 
 B)False

Compared to traditional markets,digital markets have:

The act of engaging consumers in a dialog that dynamically adjusts the experience to the individual describes which dimension of e-commerce technology?

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

You are consulting for Lucky's,a chain of gas stations.What types of e-commerce opportunities,if any,are relevant to Lucky's? Could Lucky's make use of any Internet business models for this opportunity?

Which of the following best illustrates the affiliate revenue model?

Which of the following statements about B2B commerce is not true?

The lowered costs of information storage,processing,and communication,along with the improvement of data quality,has resulted in which unique quality of e-commerce?

Information density refers to the:

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

Price transparency refers to the ability of consumers to discover what merchants actually pay for products.

E-commerce refers to the use of any networking technologies to transact business.

Exchanges have become one of the most popular types of Net marketplace because they encourage competitive bidding that drives prices down.

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

What is the most profound way in which e-commerce and the Internet has changed the relationship between companies and their customers? Support your answer.

Selling the same goods to different targeted groups at different prices is called:

Which of the following is the least costly way to build a Web site?

Podcasting allows subscribers to listen to live,streaming radio and other audio content.

Which of the following businesses utilizes the content provider Internet business model?

E-hubs are more ________ than private industrial networks.

In localized e-commerce,businesses market goods to customers that are only available at a specific location.

Business Information Systems in Your Career

Global E-Business and Collaboration

Achieving Competitive Advantage With Information Systems

IT Infrastructure: Hardware and Software

Foundations of Business Intelligence: Databases and Information Management

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

Improving Decision Making and Managing Knowledge

Building Information Systems and Managing Projects

Ethical and Social Issues in Information Systems

Filters

Exam 9: E-Commerce: Digital Markets,digital Goods

Compared to traditional markets,digital markets have:

The act of engaging consumers in a dialog that dynamically adjusts the experience to the individual describes which dimension of e-commerce technology?

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

You are consulting for Lucky's,a chain of gas stations.What types of e-commerce opportunities,if any,are relevant to Lucky's? Could Lucky's make use of any Internet business models for this opportunity?

Which of the following best illustrates the affiliate revenue model?

Which of the following statements about B2B commerce is not true?

The lowered costs of information storage,processing,and communication,along with the improvement of data quality,has resulted in which unique quality of e-commerce?

Information density refers to the:

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

Price transparency refers to the ability of consumers to discover what merchants actually pay for products.

E-commerce refers to the use of any networking technologies to transact business.

Exchanges have become one of the most popular types of Net marketplace because they encourage competitive bidding that drives prices down.

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

What is the most profound way in which e-commerce and the Internet has changed the relationship between companies and their customers? Support your answer.

Selling the same goods to different targeted groups at different prices is called:

Which of the following is the least costly way to build a Web site?

Podcasting allows subscribers to listen to live,streaming radio and other audio content.

Which of the following businesses utilizes the content provider Internet business model?

E-hubs are more ________ than private industrial networks.

In localized e-commerce,businesses market goods to customers that are only available at a specific location.

Business Information Systems in Your Career

Global E-Business and Collaboration

Achieving Competitive Advantage With Information Systems

IT Infrastructure: Hardware and Software

Foundations of Business Intelligence: Databases and Information Management

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

Improving Decision Making and Managing Knowledge

Building Information Systems and Managing Projects

Ethical and Social Issues in Information Systems

Filters