Question 1

E-commerce can be defined as:

Accepted Answer

A) the use of the Internet, the Web, and mobile apps to transact business. 
B) the use of any Internet technologies in a firm's daily activities. 
C) the digital enablement of transactions and processes within an organization. 
D) any digitally enabled transactions among individuals and organizations. 
A) the use of the Internet, the Web, and mobile apps to transact business. 
B) the use of any Internet technologies in a firm's daily activities. 
C) the digital enablement of transactions and processes within an organization. 
D) any digitally enabled transactions among individuals and organizations. A

Question 2

Which of the following best describes the early years of e-commerce?

Accepted Answer

A) They were a technological success but a mixed business success. 
B) They were a technological success but a business failure. 
C) They were a technological failure but a business success. 
D) They were a mixed technological and business success. 
A) They were a technological success but a mixed business success. 
B) They were a technological success but a business failure. 
C) They were a technological failure but a business success. 
D) They were a mixed technological and business success. A

Question 3

Which of the following statements is not true?

Accepted Answer

A) Information asymmetries are continually being introduced by merchants and marketers. 
B) Intermediaries have not disappeared. 
C) Overall transaction costs have dropped dramatically. 
D) Brands remain very important in e-commerce. 
A) Information asymmetries are continually being introduced by merchants and marketers. 
B) Intermediaries have not disappeared. 
C) Overall transaction costs have dropped dramatically. 
D) Brands remain very important in e-commerce. C

Question 4

Business-to-consumer (B2C)e-commerce in the United States:

Accepted Answer

A) has grown at double-digit rates between 2010 and 2015. 
B) has less revenue than C2C e-commerce. 
C) now constitutes over 50% of the overall U.S. retail market. 
D) is growing more slowly as it confronts its own fundamental limitations. 
A) has grown at double-digit rates between 2010 and 2015. 
B) has less revenue than C2C e-commerce. 
C) now constitutes over 50% of the overall U.S. retail market. 
D) is growing more slowly as it confronts its own fundamental limitations.

Question 5

The term e-commerce refers to the digital enabling of transactions and processes involving an exchange of value across organizational boundaries.

Accepted Answer

A) True 
 B)False

Question 6

The early years of e-commerce are considered:

Accepted Answer

A) the most promising time in history for the successful implementation of first mover advantages. 
B) an economist's dream come true, where for a brief time consumers had access to all relevant market information and transaction costs plummeted. 
C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year. 
D) a dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses. 
A) the most promising time in history for the successful implementation of first mover advantages. 
B) an economist's dream come true, where for a brief time consumers had access to all relevant market information and transaction costs plummeted. 
C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year. 
D) a dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses.

Question 7

Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2015-2016.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is an example of B2B e-commerce?

Accepted Answer

A) Airbnb 
B) Facebook 
C) Groupon 
D) Go2Paper 
A) Airbnb 
B) Facebook 
C) Groupon 
D) Go2Paper

Question 9

What are the major stages in the development of corporate computing, and how does the Internet and Web fit into this development trajectory?

Accepted Answer

The major stages of computer technology

Question 10

Why study e-commerce?

Accepted Answer

The reason for the interest specifically

Question 11

Describe the visions and forces during the early days of e-commerce in terms of what the various interest groups hoped for: the computer science and information technology people; the economists; and the entrepreneurs, venture capitalists and marketers. Explain whether what each group envisioned came to fruition and why or why not.

Accepted Answer

The computer scientists and information

Question 12

What kind of problems does the global nature of e-commerce pose?

Accepted Answer

The global nature of e-commerce also pos

Question 13

Which of the following is not true regarding e-commerce today?

Accepted Answer

A) Economists' visions of a friction-free market have not been realized. 
B) Consumers are less price-sensitive than expected. 
C) There remains considerable persistent price dispersion. 
D) The market middlemen disappeared. 
A) Economists' visions of a friction-free market have not been realized. 
B) Consumers are less price-sensitive than expected. 
C) There remains considerable persistent price dispersion. 
D) The market middlemen disappeared.

Question 14

Which of the following is not a major business trend in e-commerce in 2015-2016?

Accepted Answer

A) Mobile e-commerce continues to grow. 
B) Small businesses and entrepreneurs are hampered by the rising cost of market entry caused by increased presence of industry giants. 
C) On demand service companies garner multi-billion dollar valuations. 
D) Mobile and social advertising platforms begin to challenge search engine marketing. 
A) Mobile e-commerce continues to grow. 
B) Small businesses and entrepreneurs are hampered by the rising cost of market entry caused by increased presence of industry giants. 
C) On demand service companies garner multi-billion dollar valuations. 
D) Mobile and social advertising platforms begin to challenge search engine marketing.

Question 15

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

Accepted Answer

A) marketspace 
B) marketplace 
C) social network 
D) the Internet 
A) marketspace 
B) marketplace 
C) social network 
D) the Internet

Question 16

All of the following are major social trends in e-commerce in 2015-2016 except for:

Accepted Answer

A) concerns about the flood of temporary, poorly paid jobs without benefits being generated by on-demand service companies. 
B) the continuing conflict over copyright management and control. 
C) the refusal of online retailers to accept taxation of Internet sales. 
D) the growth of government surveillance of Internet communications. 
A) concerns about the flood of temporary, poorly paid jobs without benefits being generated by on-demand service companies. 
B) the continuing conflict over copyright management and control. 
C) the refusal of online retailers to accept taxation of Internet sales. 
D) the growth of government surveillance of Internet communications.

Question 17

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"?

Accepted Answer

E-business refers primarily to digitally

Question 18

E-commerce is available just about everywhere and anytime. This is known as ________.

Accepted Answer

A) richness 
B) information density 
C) ubiquity 
D) reach 
A) richness 
B) information density 
C) ubiquity 
D) reach

Question 19

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

Accepted Answer

A) e-commerce 
B) The World Wide Web 
C) social networks 
D) mobile apps 
A) e-commerce 
B) The World Wide Web 
C) social networks 
D) mobile apps

Question 20

Above all, e-commerce is a ________ phenomenon.

Accepted Answer

A) technology driven 
B) finance-driven 
C) sociological 
D) government-driven 
A) technology driven 
B) finance-driven 
C) sociological 
D) government-driven

E-commerce can be defined as:

Which of the following best describes the early years of e-commerce?

Which of the following statements is not true?

Business-to-consumer (B2C)e-commerce in the United States:

The term e-commerce refers to the digital enabling of transactions and processes involving an exchange of value across organizational boundaries.

The early years of e-commerce are considered:

Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2015-2016.

Which of the following is an example of B2B e-commerce?

What are the major stages in the development of corporate computing, and how does the Internet and Web fit into this development trajectory?

Why study e-commerce?

What kind of problems does the global nature of e-commerce pose?

Which of the following is not true regarding e-commerce today?

Which of the following is not a major business trend in e-commerce in 2015-2016?

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

All of the following are major social trends in e-commerce in 2015-2016 except for:

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"?

E-commerce is available just about everywhere and anytime. This is known as ________.

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

Above all, e-commerce is a ________ phenomenon.

E-Commerce Business Models and Concepts

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

Social, Mobile, and Local Marketing

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 1: The Revolution Is Just Beginning

E-commerce can be defined as:

Which of the following best describes the early years of e-commerce?

Which of the following statements is not true?

Business-to-consumer (B2C)e-commerce in the United States:

The term e-commerce refers to the digital enabling of transactions and processes involving an exchange of value across organizational boundaries.

The early years of e-commerce are considered:

Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2015-2016.

Which of the following is an example of B2B e-commerce?

What are the major stages in the development of corporate computing, and how does the Internet and Web fit into this development trajectory?

Why study e-commerce?

What kind of problems does the global nature of e-commerce pose?

Which of the following is not true regarding e-commerce today?

Which of the following is not a major business trend in e-commerce in 2015-2016?

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

All of the following are major social trends in e-commerce in 2015-2016 except for:

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"?

E-commerce is available just about everywhere and anytime. This is known as ________.

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

Above all, e-commerce is a ________ phenomenon.

E-Commerce Business Models and Concepts

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

Social, Mobile, and Local Marketing

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