Question 1

The overall retail market in the United States in 2016 was estimated at about:

Accepted Answer

A) $48 trillion. 
B) $4.8 trillion. 
C) $480 billion. 
D) $48 billion. 
A) $48 trillion. 
B) $4.8 trillion. 
C) $480 billion. 
D) $48 billion. B

Question 2

Who are the e-commerce enablers and why are they important?

Accepted Answer

No discussion of e-commerce business models would be complete without mention of a group of companies whose business model is focused on providing the infrastructure necessary for e-commerce companies to exist,grow,and prosper.E-commerce enablers provide the hardware,operating system software,networks and communications technology,applications software,web design,consulting services,and other tools required for e-commerce.While these firms may not be conducting e-commerce per se (although in many instances,e-commerce in its traditional sense is in fact one of their sales channels),as a group they have perhaps profited the most from the development of e-commerce.

Question 3

Firms that fail to produce returns greater than alternative investments typically go out of business.

Accepted Answer

A) True 
 B)False  True

Question 4

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

Accepted Answer

A) e-distributors. 
B) e-procurement. 
C) exchanges. 
D) portals. 
A) e-distributors. 
B) e-procurement. 
C) exchanges. 
D) portals.

Question 5

________ create and sell access to digital markets.

Accepted Answer

A) E-distributors 
B) Portals 
C) E-procurement firms 
D) Market creators 
A) E-distributors 
B) Portals 
C) E-procurement firms 
D) Market creators

Question 6

The business model of e-tailers is similar to that of:

Accepted Answer

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

Question 7

Which of the following is not considered a portal?

Accepted Answer

A) Yahoo 
B) MSN 
C) Amazon 
D) AOL 
A) Yahoo 
B) MSN 
C) Amazon 
D) AOL

Question 8

Which of the following is another name for a revenue model?

Accepted Answer

A) business model 
B) business strategy 
C) financial model 
D) financial statements 
A) business model 
B) business strategy 
C) financial model 
D) financial statements

Question 9

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

Accepted Answer

A) Market strategy;market opportunity 
B) Value proposition;revenue model 
C) Competitive advantage;competitive environment 
D) Revenue model;market opportunity 
A) Market strategy;market opportunity 
B) Value proposition;revenue model 
C) Competitive advantage;competitive environment 
D) Revenue model;market opportunity

Question 10

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

Accepted Answer

A) Scribd 
B) eBay 
C) E*Trade 
D) Twitter 
A) Scribd 
B) eBay 
C) E*Trade 
D) Twitter

Question 11

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.

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 12

All of the following use a social network marketing strategy except:

Accepted Answer

A) Twitter. 
B) YouTube. 
C) Pinterest. 
D) Amazon. 
A) Twitter. 
B) YouTube. 
C) Pinterest. 
D) Amazon.

Question 13

Why is the management team such an important element of a business model?

Accepted Answer

A strong management team gives a model i

Question 14

Which of the following may offer its customers value chain management software?

Accepted Answer

A) e-distributors 
B) e-procurement companies 
C) exchanges 
D) community providers 
A) e-distributors 
B) e-procurement companies 
C) exchanges 
D) community providers

Question 15

On-demand service companies are characterized by the free sharing of resources between the company and consumers.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

Accepted Answer

A) True 
 B)False

Question 19

The basic value proposition of community providers is:

Accepted Answer

A) they offer a fast,convenient one-stop site where users can focus on their most important concerns and interests. 
B) they offer consumers valuable,convenient,time-saving,and low cost alternatives to traditional service providers. 
C) they create a digital electronic environment for buyers and sellers to meet,agree on a price,and transact. 
D) they increase customers' productivity by helping them get things done faster and with less expense. 
A) they offer a fast,convenient one-stop site where users can focus on their most important concerns and interests. 
B) they offer consumers valuable,convenient,time-saving,and low cost alternatives to traditional service providers. 
C) they create a digital electronic environment for buyers and sellers to meet,agree on a price,and transact. 
D) they increase customers' productivity by helping them get things done faster and with less expense.

Question 20

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.

The overall retail market in the United States in 2016 was estimated at about:

Who are the e-commerce enablers and why are they important?

Firms that fail to produce returns greater than alternative investments typically go out of business.

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

________ create and sell access to digital markets.

The business model of e-tailers is similar to that of:

Which of the following is not considered a portal?

Which of the following is another name for a revenue model?

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

Which of the following is an example of the subscription revenue 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.

All of the following use a social network marketing strategy except:

Why is the management team such an important element of a business model?

Which of the following may offer its customers value chain management software?

On-demand service companies are characterized by the free sharing of resources between the company and consumers.

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

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

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

The basic value proposition of community providers is:

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

The Revolution Is Just Beginning

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

Building an E-Commerce Presence: Websites, 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 Retail 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

The overall retail market in the United States in 2016 was estimated at about:

Who are the e-commerce enablers and why are they important?

Firms that fail to produce returns greater than alternative investments typically go out of business.

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

________ create and sell access to digital markets.

The business model of e-tailers is similar to that of:

Which of the following is not considered a portal?

Which of the following is another name for a revenue model?

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

Which of the following is an example of the subscription revenue 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.

All of the following use a social network marketing strategy except:

Why is the management team such an important element of a business model?

Which of the following may offer its customers value chain management software?

On-demand service companies are characterized by the free sharing of resources between the company and consumers.

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

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

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

The basic value proposition of community providers is:

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

The Revolution Is Just Beginning

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

Building an E-Commerce Presence: Websites, 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 Retail and Services

Online Content and Media

Social Networks, auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters

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