Exam 6: Social Networking Mobile Commerce and Online Auctions

A(n) _____ allows individuals to create and publish a profile, create a list of other users with whom they share a connection (or connections), control that list, and monitor similar lists made by other users.

_____ are the prices that potential buyers in an auction are willing to pay for an item.

What is the main difference between eBay and a live English auction?

_____ refers to the conversion of existing regular site visitors seeking free information or services into fee-paying subscribers or purchasers of services.

Compared to traditional advertising, an effective business use of social media tools is to _____.

The New York Stock Exchange conducts _____ auctions of stocks and bonds in which the auctioneer, called a specialist, manages the market for a particular stock or bond issue.

Modifying an Android operating system is called _____ the phone.

Intra-community interaction among members of a virtual community is called _____.

Modifying an Apple iPhone's operating system is called _____ the phone.

An English auction is sometimes called a(n) _____ because the bids are publicly announced.

Dutch auctions are also called _____ auctions.

In _____ auctions, bidders submit their bids independently and are usually prohibited from sharing information with each other.

The 2008 U.S. elections saw the first major use of blogs as a political networking tool.

Because sniping software synchronizes its internal clock to the auction site clock and executes its bid with a computer's precision, the software almost always wins out over a human bidder.

The most common third-party operating systems today are Apple iOS and BlackBerry 10.

Many colleges and universities now offer courses that use distance learning platforms such as Blackboard for student-instructor interaction.

Virtual communities began online after the Internet was in general use.

A growing number of large organizations have built internal Web sites that provide opportunities for online social networking among their employees.

The whole auction process is managed by a(n) _____.

One rough measure of _____-a Web site's ability to keep visitors on the site and attract repeat visitors-is how long each user spends at a Web site.