Question 1

Digital wallets are plastic cards the size of a credit card which feature an embedded chip capable of storing digital information.

Accepted Answer

A) True 
 B)False

Question 2

What term describes electronic commerce that can be conducted over a wireless device?

Accepted Answer

A) E-trade 
B) M-commerce 
C) Wireless business 
D) Virtual commerce 
A) E-trade 
B) M-commerce 
C) Wireless business 
D) Virtual commerce

Question 3

Which of the following is a count of the number of people who visit one site,click on an ad,and are then taken to the site of the advertiser?

Accepted Answer

A) Conversion rate 
B) Click-through 
C) Marketing hits 
D) Viral speed 
A) Conversion rate 
B) Click-through 
C) Marketing hits 
D) Viral speed

Question 4

Which type of e-commerce model typically requires the use of an intermediary organization to complete transactions?

Accepted Answer

A) B2C 
B) G2C 
C) C2C 
D) C2B 
A) B2C 
B) G2C 
C) C2C 
D) C2B

Question 5

What is the difference between a reverse auction and mass customization?

Accepted Answer

A) Reverse auction is most often found in B2B whereas mass customization is often found in B2C. 
B) Reverse auction requires a bid from consumers whereas mass customization requires a bid from suppliers. 
C) Mass customization require a click-and-mortar environment;reverse auctions do not. 
D) Mass customization can sell digital products;reverse auctions sell commoditylike products. 
A) Reverse auction is most often found in B2B whereas mass customization is often found in B2C. 
B) Reverse auction requires a bid from consumers whereas mass customization requires a bid from suppliers. 
C) Mass customization require a click-and-mortar environment;reverse auctions do not. 
D) Mass customization can sell digital products;reverse auctions sell commoditylike products.

Question 6

What system sends bills over the Internet and provides an easy-to-use mechanism to pay for them?

Accepted Answer

A) Cybermediary 
B) Electronic check 
C) E-Payment 
D) EBPP 
A) Cybermediary 
B) Electronic check 
C) E-Payment 
D) EBPP

Question 7

The C2B e-commerce business model is a true inversion of the C2C e-commerce business model.

Accepted Answer

A) True 
 B)False

Question 8

Which type of technology allows you to wirelessly connect to and use centrally located information and/or application software?

Accepted Answer

A) Networking applications 
B) Operations management tools 
C) Mobile computing 
D) Open source applications 
A) Networking applications 
B) Operations management tools 
C) Mobile computing 
D) Open source applications

Question 9

An affiliate program is:

Accepted Answer

A) a business relationship between sellers and suppliers that support e-commerce. 
B) an ad-on product or service that is purchased through the originating seller. 
C) a marketing campaign directed at persuading consumers to get others to purchase the same product or service. 
D) an arrangement made between two e-commerce sites that directs viewers from one site to the other site. 
A) a business relationship between sellers and suppliers that support e-commerce. 
B) an ad-on product or service that is purchased through the originating seller. 
C) a marketing campaign directed at persuading consumers to get others to purchase the same product or service. 
D) an arrangement made between two e-commerce sites that directs viewers from one site to the other site.

Question 10

_____ is a transmission security method that ensures transactions are legitimate as well as secure.

Accepted Answer

Secure Electronic Transaction

Question 11

Which type of e-commerce occurs when a business sells products and services to a government entity?

Accepted Answer

A) B2C 
B) B2G 
C) G2B 
D) B2B 
A) B2C 
B) B2G 
C) G2B 
D) B2B

Question 12

_____ e-commerce accounts when an individual sells products and services to a government entity.

Accepted Answer

Consumer to government (C2G
Ex

Question 13

After the ordering of products and the sending of invoices,money needs to exchange hands.This occurs via financial electronic data interchange.

Accepted Answer

A) True 
 B)False

Question 14

The _____ e-commerce model is an example of citizens paying their income tax returns online rather than through the mail.

Accepted Answer

A) G2C 
B) B2G 
C) G2B 
D) B2B 
A) G2C 
B) B2G 
C) G2B 
D) B2B

Question 15

What term is used to describe a small Web page containing an advertisement that appears on your screen,outside the current Web site loaded into your browser?

Accepted Answer

A) AdWare 
B) External ads 
C) Viral ads 
D) Pop-up ads 
A) AdWare 
B) External ads 
C) Viral ads 
D) Pop-up ads

Question 16

A client-side digital wallet is one that an organization creates for and about you and maintains on its server.

Accepted Answer

A) True 
 B)False

Question 17

A(n)_____ e-marketplace brings together buyers and sellers from the same industry.

Accepted Answer

vertical
Explanation: A vertic

Question 18

_____ e-commerce occurs when a business sells products and services to a government entity.

Accepted Answer

Business to government (B2G
Ex

Question 19

When businesses provide enabling technologies that allow people to create,modify,and oversee the development of a product or service,it is known as ____.

Accepted Answer

A) open source technology 
B) Long Tail strategy 
C) crowdsourcing 
D) initial public offering 
A) open source technology 
B) Long Tail strategy 
C) crowdsourcing 
D) initial public offering

Question 20

Mobile computing is a broad general term describing your ability to use technology to wirelessly connect to and use centrally located information and/or application software.

Accepted Answer

A) True 
 B)False

Exam 5: Electronic Commerce: Strategies for the New Economy

Digital wallets are plastic cards the size of a credit card which feature an embedded chip capable of storing digital information.

What term describes electronic commerce that can be conducted over a wireless device?

Which of the following is a count of the number of people who visit one site,click on an ad,and are then taken to the site of the advertiser?

Which type of e-commerce model typically requires the use of an intermediary organization to complete transactions?

What is the difference between a reverse auction and mass customization?

What system sends bills over the Internet and provides an easy-to-use mechanism to pay for them?

The C2B e-commerce business model is a true inversion of the C2C e-commerce business model.

Which type of technology allows you to wirelessly connect to and use centrally located information and/or application software?

An affiliate program is:

_____ is a transmission security method that ensures transactions are legitimate as well as secure.

Which type of e-commerce occurs when a business sells products and services to a government entity?

_____ e-commerce accounts when an individual sells products and services to a government entity.

After the ordering of products and the sending of invoices,money needs to exchange hands.This occurs via financial electronic data interchange.

The _____ e-commerce model is an example of citizens paying their income tax returns online rather than through the mail.

What term is used to describe a small Web page containing an advertisement that appears on your screen,outside the current Web site loaded into your browser?

A client-side digital wallet is one that an organization creates for and about you and maintains on its server.

A(n)_____ e-marketplace brings together buyers and sellers from the same industry.

_____ e-commerce occurs when a business sells products and services to a government entity.

When businesses provide enabling technologies that allow people to create,modify,and oversee the development of a product or service,it is known as ____.

Mobile computing is a broad general term describing your ability to use technology to wirelessly connect to and use centrally located information and/or application software.

The Information Age in Which You Live: Changing the Face of Business

Major Business Initiatives: Gaining Competitive Advantage With It

Databases and Data Warehouses: Supporting the Analytics-Driven Organization

Analytics, Decision Support, and Artificial Intelligence: Brain-Power for Your Business

Systems Development: Phases, Tools, and Techniques

Infrastructure, Cloud Computing, Metrics, and Business Continuity Planning: Building and Sustaining the Dynamic Enterprise

Protecting People and Information: Threats and Safeguards

Emerging Trends and Technologies: Business, People, and Technology Tomorrow

Computer Hardware and Software

The World Wide Web and the Internet

Designing Databases and Entity-Relationship Diagramming

Decision Analysis With Spreadsheet Software

Network Basics

Building a Web Page With Html

Object-Oriented Technologies

Computer Crime and Digital Forensics

Building an E-Portfolio

Implementing a Database With Microsoft Access

Careers in Business

Building Web Sites With Front-page

Programming in Excel With VBA

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