Question 1

It is estimated that by 2022,the size of the B2B market will reach:

Accepted Answer

A)  $730 million. 
B)  $7.3 billion. 
C)  $730 billion. 
D)  $7.3 trillion. 
A)  $730 million. 
B)  $7.3 billion. 
C)  $730 billion. 
D)  $7.3 trillion.

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

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 4

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 5

Which of the following best describes the early years of e-commerce?

Accepted Answer

A)  They were a technological success but a mixed business success. 
B)  They were a technological success but a business failure. 
C)  They were a technological failure but a business success. 
D)  They were a mixed technological and business success. 
A)  They were a technological success but a mixed business success. 
B)  They were a technological success but a business failure. 
C)  They were a technological failure but a business success. 
D)  They were a mixed technological and business success.

Question 6

The Reinvention period of e-commerce is as much a sociological phenomenon as it is a technological or business phenomenon.

Accepted Answer

A) True 
 B)False

Question 7

What is the key factor in determining if a transaction is "commerce"?

Accepted Answer

The key factor in determining

Question 8

Why study e-commerce?

Accepted Answer

E-commerce is a disruptive innovation th

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

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.

Question 11

E-commerce technologies provide a unique,many-to-many model of mass communication.

Accepted Answer

A) True 
 B)False

Question 12

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 13

All of the following are major social trends in e-commerce in 2018-2019 except for:

Accepted Answer

A)  concerns about the flood of temporary, poorly paid jobs without benefits being generated by on-demand service companies. 
B)  concerns over commercial and governmental privacy invasion. 
C)  concerns about the U.S. Supreme Court ruling that online businesses do not need to collect state sales tax. 
D)  concerns about the increasing market dominance of Facebook, Amazon, and Google. 
A)  concerns about the flood of temporary, poorly paid jobs without benefits being generated by on-demand service companies. 
B)  concerns over commercial and governmental privacy invasion. 
C)  concerns about the U.S. Supreme Court ruling that online businesses do not need to collect state sales tax. 
D)  concerns about the increasing market dominance of Facebook, Amazon, and Google.

Question 14

Which of the following is a characteristic of the Consolidation phase of e-commerce?

Accepted Answer

A)  predominance of pure online strategies 
B)  emphasis on revenue growth versus profits 
C)  brand extension and strengthening becomes more important than creating new brands 
D)  shift to a technology-driven approach 
A)  predominance of pure online strategies 
B)  emphasis on revenue growth versus profits 
C)  brand extension and strengthening becomes more important than creating new brands 
D)  shift to a technology-driven approach

Question 15

Which of the following can be considered synonymous with the term 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 16

Which of the following is not a major business trend in e-commerce in 2018-2019?

Accepted Answer

A)  Mobile e-commerce continues to grow. 
B)  Retail e-commerce revenues exceed B2B e-commerce revenues for the first time. 
C)  On-demand service companies garner multibillion-dollar valuations. 
D)  Social e-commerce continues to grow. 
A)  Mobile e-commerce continues to grow. 
B)  Retail e-commerce revenues exceed B2B e-commerce revenues for the first time. 
C)  On-demand service companies garner multibillion-dollar valuations. 
D)  Social e-commerce continues to grow.

Question 17

Which of the following is a platform for B2B e-commerce?

Accepted Answer

A)  Airbnb 
B)  Facebook 
C)  Groupon 
D)  Go2Paper 
A)  Airbnb 
B)  Facebook 
C)  Groupon 
D)  Go2Paper

Question 18

Which of the following is the best definition of transaction cost?

Accepted Answer

A)  the expense of changing national or regional prices 
B)  the cost of participating in a market 
C)  the cost of finding suitable products in the market 
D)  the cost merchants pay to bring their goods to market 
A)  the expense of changing national or regional prices 
B)  the cost of participating in a market 
C)  the cost of finding suitable products in the market 
D)  the cost merchants pay to bring their goods to market

Question 19

Which of the following describes the basic web policy of large firms during the Invention period?

Accepted Answer

A)  Integrate social networks and the mobile platform with website marketing. 
B)  Emphasize the necessity for the Web to generate profits. 
C)  Use the Web to sell complex goods and services online. 
D)  Maintain a basic, static website depicting the firm's brand. 
A)  Integrate social networks and the mobile platform with website marketing. 
B)  Emphasize the necessity for the Web to generate profits. 
C)  Use the Web to sell complex goods and services online. 
D)  Maintain a basic, static website depicting the firm's brand.

Question 20

In 2018,there were more than ________ Internet hosts.

Accepted Answer

A)  1 million 
B)  10 million 
C)  100 million 
D)  1 billion 
A)  1 million 
B)  10 million 
C)  100 million 
D)  1 billion

It is estimated that by 2022,the size of the B2B market will reach:

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

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

The early years of e-commerce are considered:

Which of the following best describes the early years of e-commerce?

The Reinvention period of e-commerce is as much a sociological phenomenon as it is a technological or business phenomenon.

What is the key factor in determining if a transaction is "commerce"?

Why study e-commerce?

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

All of the following are examples of social networks except:

E-commerce technologies provide a unique,many-to-many model of mass communication.

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 major social trends in e-commerce in 2018-2019 except for:

Which of the following is a characteristic of the Consolidation phase of e-commerce?

Which of the following can be considered synonymous with the term e-commerce?

Which of the following is not a major business trend in e-commerce in 2018-2019?

Which of the following is a platform for B2B e-commerce?

Which of the following is the best definition of transaction cost?

Which of the following describes the basic web policy of large firms during the Invention period?

In 2018,there were more than ________ Internet hosts.

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 Retailing 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

It is estimated that by 2022,the size of the B2B market will reach:

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

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

The early years of e-commerce are considered:

Which of the following best describes the early years of e-commerce?

The Reinvention period of e-commerce is as much a sociological phenomenon as it is a technological or business phenomenon.

What is the key factor in determining if a transaction is "commerce"?

Why study e-commerce?

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

All of the following are examples of social networks except:

E-commerce technologies provide a unique,many-to-many model of mass communication.

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 major social trends in e-commerce in 2018-2019 except for:

Which of the following is a characteristic of the Consolidation phase of e-commerce?

Which of the following can be considered synonymous with the term e-commerce?

Which of the following is not a major business trend in e-commerce in 2018-2019?

Which of the following is a platform for B2B e-commerce?

Which of the following is the best definition of transaction cost?

Which of the following describes the basic web policy of large firms during the Invention period?

In 2018,there were more than ________ Internet hosts.

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 Retailing and Services

Online Content and Media

Social Networks, Auctions, and Portals

B2B E-Commerce: Supply Chain Management and Collaborative Commerce

Filters