Exam 2: E-Commerce Business Models and Concepts

________ and ________ are typically the most easily identifiable aspects of a company's business model.

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

Define value chain and explain the difference between a firm value chain, an industry value chain, and a value web.

Define organizational development and describe its importance in relation to the implementation of a business plan and strategy.

E-commerce has increased price competition in nearly all markets.

W.W. Grainger is an example of which of the following business models?

All of the following use an advertising revenue model except:

What is the primary revenue model for an e-distributor?

Define elevator pitch and describe its key elements.

Social technologies change industry structure by shifting programming and editorial decisions to consumers and creating substitute entertainment products.

A ________ marketplace supplies products and services of interest to particular industries.

First movers are often not as successful as follower firms.

Define and describe the transaction broker business model and discuss the eight components of the business model for this type of B2C firm.

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

Which of the following is an example of the affiliate revenue model?

Which of the following is not a key element of an elevator pitch?

The financial services, travel services, and job placement services industries typically use the ________ business model.

Describe the four stages involved in business model disruption.

SupplyOn is an example of a(n):

The JOBS Act and issuance of enabling regulations by the Securities and Exchange Commission allows a start-up company to use crowdfunding to solicit accredited investors to invest in small and early-stage start-ups.