Exam 1: Understanding E-Business

The World Wide Web is a global public network that connects private networks.

A virtual online marketplace is sometimes called a:

While the Internet and the Web are providing online opportunities for sellers, it is_______________who are dramatically gaining new economic power.

A type of B2B e-business that brings multiple buyers and sellers together in a virtual marketplace is a:

A company's_______________is the way in which it conducts business in order to generate revenue.

A value network is the multiple relationships with suppliers, distributors, employees, and customers plus the technologies that a company depends on to produce and sell its products and services.

_______________benefit from the global e-business economy by using the Internet and Web to enhance customer service, improve communications, increase productivity, and reach new markets.

A subset of the Internet in which linked documents are stored on servers is:

The one factor all Internet and Web growth estimates and predictions have in common is the decrease from year to year in the number of people around the world who have Internet access.

Describe the components of a company's value chain or value network.

_______________are electronic "bulletin boards" or discussion groups where people with common interests post, read, and reply to messages.

Extranet Web sites provide employees with an interface to internal systems such as accounting, customer relationship management, and other company operating systems.

Which of the following B2C e-businesses follows the subscription model for generating revenues?

Private networks used by trading partners to exchange business data are called_______________.

Conducting business over the Internet and the Web enables sellers to access narrow market segments that they might otherwise be unable to reach.

An e-business model that allows its customers to "name their own price" for products or services is following the_______________e-business model.

Which of the following e-business factors is a disadvantage for sellers?

The global e-business economy poses disadvantages for consumers in the form of concerns about transaction security and_______________.

Access to global markets is an e-business advantage for both_______________.

It is very easy to determine how many individuals are online around the world and which Internet services they are using.