Exam 2: E-Commerce Business Models and Concepts

Organizations that typically provide an array of services to start-up companies along with a small amount of funding are referred to as:

Interactivity that enables product customization alters industry structure by reducing the threat of substitutes.

Which of the following is not a community provider?

The Internet's universal standards can change industry structure by decreasing barriers to entry and increasing competition within an industry.

A ________ specifically details how you plan to find customers and sell your product.

Over the past decade,the number of exchanges has:

A strategy designed to compete within a narrow market or product segment is called a ________ strategy.

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

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

Which of the following is not a significant influence on a company's competitive environment?

Which of the following statements about Foursquare is not true?

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

Asymmetries enable some firms to have an edge over others.

The use of a company's competitive advantage to penetrate surrounding markets is known as ________.

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

In the ________ business model,a web-based business builds a digital environment in which buyers and sellers can meet,display products,search for products,and establish prices.

An example of a company using the content provider model is:

A company's strong linkages with its customers decreases switching costs.

Which element of the business model addresses what a firm provides that other firms cannot?

The term unfit fitness refers to a situation in which employees of a firm have the wrong skills for the current environment.