Exam 1: The Revolution Is Just Beginning

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Which of the following is not true about the use of apps?

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Why study e-commerce?

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The reason for the interest specifically in e-commerce is that e-commerce technology is different and more powerful than any of the other technologies we have seen in the past century. E-commerce technologies-and the digital markets that result-have brought about some fundamental, unprecedented shifts in commerce. While other technologies transformed economic life in the twentieth century, the evolving Internet and other information technologies are shaping the twenty-first century.

Which of the following statements about the Web is not true?

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Explain why a firm's online inventory control system is an example of e-business rather than e-commerce. What is the key factor in determining if a transaction is "commerce"?

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Which of the following statements is not true?

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Interactivity in the context of e-commerce provides which of the following functionalities?

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Which of the following is not a major technology trend in e-commerce in 2017-2018?

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Which of the following is an example of an e-commerce first mover that failed?

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Which of the following features of e-commerce technology allows users to participate in the creation of online content?

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Which of the following is an example of an on-demand service company?

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Which of the following statements is true about the traditional tradeoff between the richness and reach of a marketing message prior to the development of the Web?

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In which year can e-commerce be said to have begun?

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Which of the following is a physical place you visit in order to transact?

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Ubiquity lowers the cognitive energy required to transact in a marketspace.

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Which of the following can be considered synonymous with the term e-commerce?

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E-commerce and e-business systems blur together at the business firm boundary, where internal business systems link up with suppliers or customers.

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Personalization involves targeting marketing messages to specific individuals by adjusting the message based upon a consumer's preferences or past purchasing behavior.

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The world's online population was estimated to be around ________ in 2017.

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Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?

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Which of the following is a characteristic of the Consolidation phase of e-commerce?

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