Exam 6: Social Networking, Mobile Commerce, and Online Auctions

One of the first operating systems for Internet-capable phones was made by _____ for their phones and other portable devices.

Sniping software observes auction progress until the last second or two of the auction clock.

In a(n) _____ auction, multiple sellers submit price bids to an auctioneer who represents a single buyer.

Compared to traditional advertising, an effective business use of social media tools is to _____.

_____ refers to the conversion of existing regular site visitors seeking free information or services into fee-paying subscribers or purchasers of services.

_____ were computers that allowed users to connect using dial-up connections through telephone lines to read and post messages in a common discussion forum.

Started at Duke University in 1979, _____ was a set of interconnected computers devoted to storing information on specific topics.

An early attempt to monetize social networking by charging visitors a fee for a specific service was the _____ site.

Mobile phones that function as credit cards are called _____.

A(n) _____ is a gathering place for people and businesses that does not have a physical existence.

An English auction is sometimes called a(n) _____ because the bids are publicly announced.

_____ auctions, either sealed bid or open outcry, work well only for items of known quality, such as securities or graded agricultural products, that are regularly traded in large quantities.

A(n) _____ is the price at which an auction begins.

The trend toward having readers help write their own news is called _____ journalism.

Second-price sealed-bid auctions are commonly called _____ auctions.

Dutch auctions are also called _____ auctions.

Traditionally, large companies distribute excess inventory through _____.

The whole auction process is managed by a(n) _____.

_____ is the practice of lending very small amounts of money to people who are starting or operating small businesses, especially in developing countries.

Wary bidders in low-price auctions can check the_____ to protect themselves from being cheated.