Question 1

Which of the following is not a major business trend in e-commerce in 2019-2020?

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. B

Question 2

Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2019-2020.

Accepted Answer

A) True 
 B)False  False

Question 3

The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.

Accepted Answer

A) True 
 B)False  False

Question 4

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

Accepted Answer

A)  massive proliferation of dot-com start-ups 
B)  widespread adoption of broadband networks 
C)  rapid growth of search engine advertising 
D)  expansion of e-commerce to include services as well as goods 
A)  massive proliferation of dot-com start-ups 
B)  widespread adoption of broadband networks 
C)  rapid growth of search engine advertising 
D)  expansion of e-commerce to include services as well as goods

Question 5

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 6

Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions.

Accepted Answer

The eight unique features of e-commerce

Question 7

All of the following were visions of e-commerce expressed during the early years of e-commerce except:

Accepted Answer

A)  a nearly perfect information marketspace. 
B)  friction-free commerce. 
C)  disintermediation. 
D)  fast follower advantage. 
A)  a nearly perfect information marketspace. 
B)  friction-free commerce. 
C)  disintermediation. 
D)  fast follower advantage.

Question 8

Unfair competitive advantages occur when:

Accepted Answer

A)  one competitor has an advantage that others cannot purchase. 
B)  market middlemen are displaced. 
C)  information is equally distributed and transaction costs are low. 
D)  firms are able to gather monopoly profits. 
A)  one competitor has an advantage that others cannot purchase. 
B)  market middlemen are displaced. 
C)  information is equally distributed and transaction costs are low. 
D)  firms are able to gather monopoly profits.

Question 9

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 10

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

Accepted Answer

A)  Amazon 
B)  eBay 
C)  Wikipedia 
D)  Facebook 
A)  Amazon 
B)  eBay 
C)  Wikipedia 
D)  Facebook

Question 11

What kind of problems does the global nature of e-commerce pose?

Accepted Answer

The global nature of e-commerce poses pu

Question 12

E-commerce and e-business systems blur together at the business firm boundary, where internal business systems link up with suppliers or customers.

Accepted Answer

A) True 
 B)False

Question 13

Interactivity in the context of e-commerce provides which of the following functionalities?

Accepted Answer

A)  the ability to physically touch and manipulate a product 
B)  complexity and content of a message 
C)  the ability of consumers to create and distribute content 
D)  the enabling of two-way communication between consumer and merchant 
A)  the ability to physically touch and manipulate a product 
B)  complexity and content of a message 
C)  the ability of consumers to create and distribute content 
D)  the enabling of two-way communication between consumer and merchant

Question 14

All of the following are issues facing Pinterest except:

Accepted Answer

A)  copyright infringement. 
B)  inability to retain users. 
C)  spam. 
D)  scams. 
A)  copyright infringement. 
B)  inability to retain users. 
C)  spam. 
D)  scams.

Question 15

In which year can e-commerce be said to have begun?

Accepted Answer

A)  1983 
B)  1985 
C)  1995 
D)  2001 
A)  1983 
B)  1985 
C)  1995 
D)  2001

Question 16

Which of the following is not an element of friction-free commerce?

Accepted Answer

A)  Information is equally distributed. 
B)  Transaction costs are high. 
C)  Prices can be dynamically adjusted to reflect actual demand. 
D)  Unfair competitive advantages are eliminated. 
A)  Information is equally distributed. 
B)  Transaction costs are high. 
C)  Prices can be dynamically adjusted to reflect actual demand. 
D)  Unfair competitive advantages are eliminated.

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

Which academic disciplines have a technical approach to e-commerce? What is each discipline interested in?

Accepted Answer

Computer scientists, operations manageme

Question 19

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 20

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

Which of the following is not a major business trend in e-commerce in 2019-2020?

Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2019-2020.

The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.

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

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

Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions.

All of the following were visions of e-commerce expressed during the early years of e-commerce except:

Unfair competitive advantages occur when:

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

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

What kind of problems does the global nature of e-commerce pose?

E-commerce and e-business systems blur together at the business firm boundary, where internal business systems link up with suppliers or customers.

Interactivity in the context of e-commerce provides which of the following functionalities?

All of the following are issues facing Pinterest except:

In which year can e-commerce be said to have begun?

Which of the following is not an element of friction-free commerce?

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

Which academic disciplines have a technical approach to e-commerce? What is each discipline interested in?

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?

E-Commerce Infrastructure

Building an E-Commerce Presence

E-Commerce Security and Payment Systems

E-Commerce Business Strategies

E-Commerce Marketing and Advertising

Social, Mobile, and Local Marketing

Ethics, Law, and E-Commerce

Online Media

Online Communities

E-Commerce Retail and Services

B2b E-Commerce

Filters

Exam 1: Introduction to E-Commerce

Which of the following is not a major business trend in e-commerce in 2019-2020?

Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2019-2020.

The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.

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

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

Identify the eight unique features of e-commerce technology and explain how these features set e-commerce apart from more traditional ways of conducting commercial transactions.

All of the following were visions of e-commerce expressed during the early years of e-commerce except:

Unfair competitive advantages occur when:

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

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

What kind of problems does the global nature of e-commerce pose?

E-commerce and e-business systems blur together at the business firm boundary, where internal business systems link up with suppliers or customers.

Interactivity in the context of e-commerce provides which of the following functionalities?

All of the following are issues facing Pinterest except:

In which year can e-commerce be said to have begun?

Which of the following is not an element of friction-free commerce?

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

Which academic disciplines have a technical approach to e-commerce? What is each discipline interested in?

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?

E-Commerce Infrastructure

Building an E-Commerce Presence

E-Commerce Security and Payment Systems

E-Commerce Business Strategies

E-Commerce Marketing and Advertising

Social, Mobile, and Local Marketing

Ethics, Law, and E-Commerce

Online Media

Online Communities

E-Commerce Retail and Services

B2b E-Commerce

Filters