Exam 2: E-Commerce Business Models and Concepts

Define and describe the transaction broker business model and discuss the eight components of the business model for this type of B2C firm.

The Jumpstart Our Business Startups (JOBS)Act,and issuance of enabling regulations by the Securities and Exchange Commission,allows a start-up company to use crowdfunding to solicit investors to invest in small and early-stage startups.

Amazon Business is an example of which of the following business models?

In general,the key to becoming a successful content provider is to:

________ is defined by company using its competitive advantage to gain in surrounding markets.

Organizations that typically provide an array of services to startup companies along with a small amount of funding are referred to as:

Which of the following is an unfair competitive advantage?

Which of the following features of e-commerce technology changes industry structure by lowering barriers to entry but greatly expands the market at the same time?

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

Why is the management team such an important element of a business model?

The basic value proposition of community providers is:

Which of the following is not a primary activity in a firm value chain?

First movers often fail because:

Describe the four stages involved in business model disruption.

In the subscription revenue model,a company primarily generates income from the display of ads.

A ________ refers to a competitive strategy in which firms attempt to achieve lower business process costs.

Which of the following is not considered a portal?

Social technologies change industry structure by weakening powerful sales channels and shifts bargaining power to consumers.

E-commerce has increased price competition in many markets.

Real markets are imperfect.