Question 1

Which element of the business model examines who else occupies the firm's intended marketspace?

Accepted Answer

A) value proposition 
B) competitive environment 
C) competitive advantage 
D) market strategy 
A) value proposition 
B) competitive environment 
C) competitive advantage 
D) market strategy

Question 2

Which of the following is an unfair competitive advantage?

Accepted Answer

A) brand name 
B) access to global markets 
C) lower product prices 
D) superior technology 
A) brand name 
B) access to global markets 
C) lower product prices 
D) superior technology

Question 3

Discuss the implications of each of the unique features of e-commerce technology for the overall business environment.

Accepted Answer

The ubiquity of e-commerce creates new m

Question 4

All firms need an organization to efficiently implement their business plans and strategies.

Accepted Answer

A) True 
 B)False

Question 5

A business document that specifically details how you plan on selling your product and find new customers is called a:

Accepted Answer

A) sales analysis. 
B) business plan. 
C) competitive strategy. 
D) market strategy. 
A) sales analysis. 
B) business plan. 
C) competitive strategy. 
D) market strategy.

Question 6

Which of the following is not a variation of the e-tailer business model?

Accepted Answer

A) bricks-and-clicks 
B) virtual merchant 
C) market creator 
D) manufacturer-direct 
A) bricks-and-clicks 
B) virtual merchant 
C) market creator 
D) manufacturer-direct

Question 7

The business model of e-distributors is quite similar to that of:

Accepted Answer

A) e-tailers. 
B) transaction brokers. 
C) exchanges. 
D) service providers. 
A) e-tailers. 
B) transaction brokers. 
C) exchanges. 
D) service providers.

Question 8

Barriers to entry into the e-tail marketplace are high.

Accepted Answer

A) True 
 B)False

Question 9

All of the following are business models employed by the music industry except:

Accepted Answer

A) subscription. 
B) peer-to-peer streaming. 
C) download-and-own. 
D) cloud streaming. 
A) subscription. 
B) peer-to-peer streaming. 
C) download-and-own. 
D) cloud streaming.

Question 10

In general, the key to becoming a successful content provider is to:

Accepted Answer

A) own the content being provided. 
B) own the technology by which content is created, presented, and distributed. 
C) provide online content for free. 
D) provide other services as well as online content. 
A) own the content being provided. 
B) own the technology by which content is created, presented, and distributed. 
C) provide online content for free. 
D) provide other services as well as online content.

Question 11

Exostar is an example of a(n):

Accepted Answer

A) private industrial network. 
B) exchange. 
C) industry consortium. 
D) e-distributor. 
A) private industrial network. 
B) exchange. 
C) industry consortium. 
D) e-distributor.

Question 12

A ________ coordinates a firm's suppliers, distributors, and delivery firms with its own production needs using an Internet-based supply chain management system.

Accepted Answer

A) value chain 
B) value system 
C) value web 
D) business strategy 
A) value chain 
B) value system 
C) value web 
D) business strategy

Question 13

Which element of the business model addresses the question of why a customer should buy from the firm?

Accepted Answer

A) revenue model 
B) competitive advantage 
C) market strategy 
D) value proposition 
A) revenue model 
B) competitive advantage 
C) market strategy 
D) value proposition

Question 14

Your startup firm has developed Web-based note-taking software that allows participants to create and share virtual notes attached to existing Web pages.You anticipate marketing your online application to Web development and design companies.Which of the following revenue models is the most appropriate for your new company?

Accepted Answer

A) advertising 
B) transaction fee 
C) affiliate 
D) subscription 
A) advertising 
B) transaction fee 
C) affiliate 
D) subscription

Question 15

A firm's ________ describes how a firm will produce a superior return on invested capital.

Accepted Answer

A) value proposition 
B) revenue model 
C) market strategy 
D) competitive advantage 
A) value proposition 
B) revenue model 
C) market strategy 
D) competitive advantage

Question 16

All of the following are key elements of a business model except:

Accepted Answer

A) competitive environment. 
B) organizational development. 
C) information technology strategy. 
D) market strategy. 
A) competitive environment. 
B) organizational development. 
C) information technology strategy. 
D) market strategy.

Question 17

A value proposition defines how a company's product or service fulfills the needs of a customer.

Accepted Answer

A) True 
 B)False

Question 18

Organizations that provide not only funding but also an array of services to start-up companies are referred to as:

Accepted Answer

A) angel investors. 
B) crowdfunders. 
C) incubators. 
D) venture capital investors. 
A) angel investors. 
B) crowdfunders. 
C) incubators. 
D) venture capital investors.

Question 19

All of the following are examples of business-to-business (B2B)business models except:

Accepted Answer

A) e-distributors. 
B) e-procurement. 
C) private industrial networks. 
D) e-tailers. 
A) e-distributors. 
B) e-procurement. 
C) private industrial networks. 
D) e-tailers.

Question 20

eBay uses all of the following business models except:

Accepted Answer

A) B2C market creator. 
B) C2C market creator. 
C) content provider. 
D) e-commerce infrastructure provider. 
A) B2C market creator. 
B) C2C market creator. 
C) content provider. 
D) e-commerce infrastructure provider.

Which element of the business model examines who else occupies the firm's intended marketspace?

Which of the following is an unfair competitive advantage?

Discuss the implications of each of the unique features of e-commerce technology for the overall business environment.

All firms need an organization to efficiently implement their business plans and strategies.

A business document that specifically details how you plan on selling your product and find new customers is called a:

Which of the following is not a variation of the e-tailer business model?

The business model of e-distributors is quite similar to that of:

Barriers to entry into the e-tail marketplace are high.

All of the following are business models employed by the music industry except:

In general, the key to becoming a successful content provider is to:

Exostar is an example of a(n):

A ________ coordinates a firm's suppliers, distributors, and delivery firms with its own production needs using an Internet-based supply chain management system.

Which element of the business model addresses the question of why a customer should buy from the firm?

A firm's ________ describes how a firm will produce a superior return on invested capital.

All of the following are key elements of a business model except:

A value proposition defines how a company's product or service fulfills the needs of a customer.

Organizations that provide not only funding but also an array of services to start-up companies are referred to as:

All of the following are examples of business-to-business (B2B)business models except:

eBay uses all of the following business models except:

The Revolution Continues

E-Commerce Infrastructure: the Internet, Web, and Mobile Platform

Building an E-Commerce Presence: Web Sites, Mobile Sites, and Apps

E-Commerce Security and Payment Systems

E-Commerce Marketing and Advertising Concepts

E-Commerce Marketing Communications

Ethical, Social, and Political Issues in E-Commerce

Online Retailing and Services

Online Content and Media

Social Networks, Auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters

Exam 2: E-Commerce Business Models and Concepts

Which element of the business model examines who else occupies the firm's intended marketspace?

Which of the following is an unfair competitive advantage?

Discuss the implications of each of the unique features of e-commerce technology for the overall business environment.

All firms need an organization to efficiently implement their business plans and strategies.

A business document that specifically details how you plan on selling your product and find new customers is called a:

Which of the following is not a variation of the e-tailer business model?

The business model of e-distributors is quite similar to that of:

Barriers to entry into the e-tail marketplace are high.

All of the following are business models employed by the music industry except:

In general, the key to becoming a successful content provider is to:

Exostar is an example of a(n):

A ________ coordinates a firm's suppliers, distributors, and delivery firms with its own production needs using an Internet-based supply chain management system.

Which element of the business model addresses the question of why a customer should buy from the firm?

A firm's ________ describes how a firm will produce a superior return on invested capital.

All of the following are key elements of a business model except:

A value proposition defines how a company's product or service fulfills the needs of a customer.

Organizations that provide not only funding but also an array of services to start-up companies are referred to as:

All of the following are examples of business-to-business (B2B)business models except:

eBay uses all of the following business models except:

The Revolution Continues

E-Commerce Infrastructure: the Internet, Web, and Mobile Platform

Building an E-Commerce Presence: Web Sites, Mobile Sites, and Apps

E-Commerce Security and Payment Systems

E-Commerce Marketing and Advertising Concepts

E-Commerce Marketing Communications

Ethical, Social, and Political Issues in E-Commerce

Online Retailing and Services

Online Content and Media

Social Networks, Auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters