Exam 11: Expression Web E-Commerce Feature - E-Commerce

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A(n) _________________________ is an online catalog of products that actually are owned and warehoused by third-party manufacturers or wholesalers.

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virtual inventory

The consumer-to-business (C2B) e-commerce business model uses a reverse auction process that allows consumers to make binding bids or offers for a product or service.

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True

An online business that sells products and/or services directly to consumers is following the general ____ e-commerce business model.

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B

You must take care to ensure that your customers' personally identifiable and payment information is transmitted securely across a payment gateway and is secure from hackers who might breach your Web site.

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During the _________________________, your customer must enter applicable name, address, and payment information.

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An all-in-one e-commerce solution generally includes, at minimum, Web page templates, a shopping cart, access to a payment process and payment gateway system, and an account in which to receive funds.

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Some online business sites customize their offerings by engaging in multiple types of _________________________ relationships.

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Adding a(n) ____ page containing answers to commonly asked customer questions can help provide customer support before and after the sale.

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Quick and efficient communication between buyer and seller is one of the prime advantages of conducting business transactions online.

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  A(n) _________________________ is a network that connects payment processors, credit card companies, and financial institutions, as shown in the accompanying figure. A(n) _________________________ is a network that connects payment processors, credit card companies, and financial institutions, as shown in the accompanying figure.

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WebTrends is a real-world example of an online business that follows the ____ general e-commerce business model.

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Drop ship is one e-commerce choice for small businesses that do not want to tie up cash in an inventory of products or incur additional expenses for order fulfillment.

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  Webgistix, shown in the accompanying figure, is an example of a(n) _________________________ or fulfillment house. Webgistix, shown in the accompanying figure, is an example of a(n) _________________________ or fulfillment house.

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The specific elements required to add e-commerce capability to a business site depend on the needs of the business and its customers.

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Onvia and Bidmain are two real-world examples of online businesses following the B2C e-commerce business model.

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_________________________ e-commerce transactions actually dominate the online marketplace.

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An online credit card payment increases the risk of a chargeback.

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A(n) ____ account is a business account at a financial institution into which proceeds from credit card payments are automatically deposited.

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The process of picking sold items from an inventory, packaging the items, and shipping them to the customer is called ____.

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A business model defines how a business distributes its products and services.

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