Question 1

All of the following are examples of Web 2.0 sites and applications except:

Accepted Answer

A)  photo-sharing sites. 
B)  blogs. 
C)  wikis. 
D)  auction sites. 
A)  photo-sharing sites. 
B)  blogs. 
C)  wikis. 
D)  auction sites.

Question 2

All of the following are platforms for C2C e-commerce except:

Accepted Answer

A)  Walmart 
B)  Facebook Marketplace 
C)  Craigslist 
D)  Etsy 
A)  Walmart 
B)  Facebook Marketplace 
C)  Craigslist 
D)  Etsy

Question 3

Which of the following refers to the displacement of market middlemen and the creation of a new direct relationship between producers and consumers?

Accepted Answer

A)  network effect 
B)  disintermediation 
C)  friction-free commerce 
D)  first mover advantage 
A)  network effect 
B)  disintermediation 
C)  friction-free commerce 
D)  first mover advantage

Question 4

What are the major stages in the development of corporate computing, and how does the Internet and Web fit into this development trajectory?

Accepted Answer

The major stages of computer technology

Question 5

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 6

Business-to-consumer (B2C) e-commerce in the world:

Accepted Answer

A)  will grow at double-digit rates between 2018 and 2023. 
B)  has less revenue than C2C e-commerce. 
C)  now constitutes over 50% of the overall world retail market. 
D)  is growing more slowly as it confronts its own fundamental limitations. 
A)  will grow at double-digit rates between 2018 and 2023. 
B)  has less revenue than C2C e-commerce. 
C)  now constitutes over 50% of the overall world retail market. 
D)  is growing more slowly as it confronts its own fundamental limitations.

Question 7

Which of the following refers to any disparity in relevant market information among parties in a transaction?

Accepted Answer

A)  information asymmetry 
B)  unfair competitive advantage 
C)  imperfect competition 
D)  dynamic pricing 
A)  information asymmetry 
B)  unfair competitive advantage 
C)  imperfect competition 
D)  dynamic pricing

Question 8

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

Accepted Answer

A)  e-commerce 
B)  The Web 
C)  social networks 
D)  mobile apps 
A)  e-commerce 
B)  The Web 
C)  social networks 
D)  mobile apps

Question 9

Which of the following is a characteristic of e-commerce during the Invention period?

Accepted Answer

A)  mobile technology 
B)  earnings and profit emphasis 
C)  disintermediation 
D)  extensive government surveillance 
A)  mobile technology 
B)  earnings and profit emphasis 
C)  disintermediation 
D)  extensive government surveillance

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements is not true?

Accepted Answer

A)  Information asymmetries are continually being introduced by merchants and marketers. 
B)  Intermediaries have not disappeared. 
C)  Overall transaction costs have dropped dramatically. 
D)  Brands remain very important in e-commerce. 
A)  Information asymmetries are continually being introduced by merchants and marketers. 
B)  Intermediaries have not disappeared. 
C)  Overall transaction costs have dropped dramatically. 
D)  Brands remain very important in e-commerce.

Question 12

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 13

The fact that e-commerce is conducted based on universal standards decreases search costs for consumers.

Accepted Answer

A) True 
 B)False

Question 14

Above all, e-commerce is a ________ phenomenon.

Accepted Answer

A)  technology driven 
B)  finance-driven 
C)  sociological 
D)  government-driven 
A)  technology driven 
B)  finance-driven 
C)  sociological 
D)  government-driven

Question 15

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 16

Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?

Accepted Answer

A)  richness 
B)  ubiquity 
C)  information density 
D)  personalization 
A)  richness 
B)  ubiquity 
C)  information density 
D)  personalization

Question 17

Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

Accepted Answer

A)  Marketing messages had little richness. 
B)  The smaller the audience reached, the less rich the message. 
C)  The larger the audience reached, the less rich the message. 
D)  Richness was unrelated to reach. 
A)  Marketing messages had little richness. 
B)  The smaller the audience reached, the less rich the message. 
C)  The larger the audience reached, the less rich the message. 
D)  Richness was unrelated to reach.

Question 18

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

Accepted Answer

The key factor in determining

Question 19

In 2019, 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

Question 20

Which of the following statements about the Web is not true?

Accepted Answer

A)  The Web is the technology upon which the Internet is based. 
B)  The Web was the original "killer app." 
C)  The Web provides access to pages written in Hypertext Markup Language. 
D)  The Web is both a communications infrastructure and an information storage system. 
A)  The Web is the technology upon which the Internet is based. 
B)  The Web was the original "killer app." 
C)  The Web provides access to pages written in Hypertext Markup Language. 
D)  The Web is both a communications infrastructure and an information storage system.

All of the following are examples of Web 2.0 sites and applications except:

All of the following are platforms for C2C e-commerce except:

Which of the following refers to the displacement of market middlemen and the creation of a new direct relationship between producers and consumers?

What are the major stages in the development of corporate computing, and how does the Internet and Web fit into this development trajectory?

The early years of e-commerce are considered:

Business-to-consumer (B2C) e-commerce in the world:

Which of the following refers to any disparity in relevant market information among parties in a transaction?

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

Which of the following is a characteristic of e-commerce during the Invention period?

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

Which of the following statements is not true?

All of the following are examples of social networks except:

The fact that e-commerce is conducted based on universal standards decreases search costs for consumers.

Above all, e-commerce is a ________ phenomenon.

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

Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?

Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

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

In 2019, there were more than ________ Internet hosts.

Which of the following statements about the Web is not true?

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

All of the following are examples of Web 2.0 sites and applications except:

All of the following are platforms for C2C e-commerce except:

Which of the following refers to the displacement of market middlemen and the creation of a new direct relationship between producers and consumers?

What are the major stages in the development of corporate computing, and how does the Internet and Web fit into this development trajectory?

The early years of e-commerce are considered:

Business-to-consumer (B2C) e-commerce in the world:

Which of the following refers to any disparity in relevant market information among parties in a transaction?

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

Which of the following is a characteristic of e-commerce during the Invention period?

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

Which of the following statements is not true?

All of the following are examples of social networks except:

The fact that e-commerce is conducted based on universal standards decreases search costs for consumers.

Above all, e-commerce is a ________ phenomenon.

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

Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?

Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

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

In 2019, there were more than ________ Internet hosts.

Which of the following statements about the Web is not true?

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