Exam 7: Understanding E Business

Orbitz Worldwide is an example of reintermediation for the travel industry.

Web hosting companies, such as the one shown in the accompanying figure, offer a variety of e-business hosting arrangements including: ____________________.

When an individual e-business allows consumers to bypass the market's traditional intermediaries, the e-business is redefining the market through _________________________.

Cloud computing is a type of distributed computing.

____ exchanges follow a predetermined set of exchange rules that determine how buyers and sellers communicate with each other throughout the exchange, how they negotiate prices with each other, how they make and accept payments, and also determine product delivery guidelines.

Modified Multiple Choice Which of the following e-businesses follow the B2G e-business model?

A C2B e-business allows a buyer to name his or her own price for specific goods or services in a process called a ____.

_________________________ occurs when an e-business introduces a new type of intermediary into the marketspace.

The traditional intermediary for the travel industry is a retail store.

The effectiveness of a particular website ad often is measured by the per-click revenue method.

An e-business applies for a gateway account at a financial institution by providing general business information, such as its size, how long it has been in business, its credit history, and the type of cards accepted. ______________________

____ is a C2C e-business that sells online classified ad space to individuals trying to sell boats, cars, and other items.

Squidoo, as shown in the accompanying figure, and HubPages are platforms for ____ websites.

An application service provider (ASP) develops and maintains its own business application software and then provides it to its customers using several business models.

____ technologies are fostering a revolution in the way businesses interact with their partners, particularly their suppliers.

____ is a manual process that allows a visitor to manage webpage content by selecting viewing preferences or by creating and updating a personal profile.

Auction services in which many buyers are bidding for an item offered by a single seller are called forward auctions.

An e-business can redefine its market by removing traditional marketplace intermediaries or by creating new ways to add value to business transactions.

Some e-businesses that generate revenue from advertising charge____ fees for certain premium services.

A ____ is a return of funds to a credit card company resulting from a card holder's refusal to pay a credit card charge.