Exam 7: E-Business and E-Commerce

Gift cards are _________ cards.

_________ are/is electronic billboards that promote a product or a vendor.

_________ exchanges connect buyers and sellers in a given industry.

Most states require Amazon to collect sales taxes.

With ________, an intermediary administers online exchange of surplus products or the company receives "points" for its contribution, which it can use to purchase other needed items.

In 2019, Zenefits seemed to have addressed much of what plagued its rapid growth and resulting problems by converting to a(n) _________________.

In ___ auctions, one buyer wants to purchase a product or service.

Amazon Business stays competitive in niche markets by using a long tail strategy.

_________ is a limitation of e-commerce.

Procurement is a subset of the purchasing process.

Modern credit cards are _________ cards.

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds; they are ________, which means ________.

If you purchase an e-book from Amazon, it is a clicks-and-mortar transaction.

E-business is a broader concept than e-commerce.

___ is the overarching function that describes the activities and processes to acquire goods and services.

Electronic checks are primarily used in ________.

_________ are independently owned by a third party and connect many sellers with many buyers.

You own a restaurant in New York City. This is an example of a _________ organization.

Despite Amazon's online retailing success, it has become clear over time that there is much shopping that people prefer to do in person. This is one of the reasons Amazon bought ________.

What is Bitcoin? How is Bitcoin different from traditional currency? Have you used Bitcoins (why or why not)? Why are Bitcoins so volatile?