Exam 1: Understanding E-Business

Describe the e-business advantages and disadvantages experienced by sellers.

An example of an e-business that follows the B2G e-business model is:

An e-business that sells products or services directly to consumers is following the:

Internet Explorer, Netscape, Firefox, and Opera are all examples of a_______________.

Value activities are only those primary activities necessary to produce, sell, and support a company's products and services.

Sellers are dramatically gaining new economic power in the global economy because the Internet and Web provide greater access to consumer information.

The_______________portion of a product or service is becoming a larger part of the total value companies offer their customers.

Time and space are no longer limiting factors for business in the new global economic environment created by widespread Internet and Web access.

B2C e-businesses who maintain online stores are also called_______________.

An e-business that creates a virtual marketplace for government agency buyers and vendors that sell to them is following the:

E-businesses who combine traditional mail-order business with an online store are sometimes called:

An example of a B2B exchange is:

The 1960s research network that became the Internet is the:

The_______________and the Web have transformed the way buyers, sellers, employees, and business intermediaries interact with each other to conduct business transactions.

The electronic exchange of business information between trading partners over private networks is called:

Discuss how the worldwide linking of individuals and businesses via the Internet and the Web has changed the global economy.

Internet and Web access has changed buyers' expectations about how quickly transactions can be processed and how convenient it should be to access information about competing products and services.

Which of the following e-business factors is an advantage for sellers?

All the primary and support activities necessary to create and distribute its products or services are involved in a company's:

Sears, Best Buy, and Barnes & Noble are examples of brick-and-click companies.