Exam 2: E-Commerce Business Models and Concepts

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Which of the following involves a company giving away a certain level of product or services without charge,but then charging a fee for premium levels of the product or service?

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Define the term industry structure and discuss the ways the Internet and e-commerce have changed the five forces that characterize industry structure.

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

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

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Innovative entrepreneurs and their business firms that destroy existing business models are referred to as ________.

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All of the following may lead to a competitive advantage except:

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Which of the following is not a primary activity in a firm value chain?

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

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Which type of investor typically becomes interested in a start-up company after it has begun generating revenue?

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A perfect market is one in which:

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Portals primarily generate revenue in all of the following ways except:

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Define elevator pitch and describe its key elements.

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

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

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What is a B2B exchange,and what benefits do they offer? Given those benefits,why are they today only a small part of the overall B2B picture?

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All of the following are use a subscription revenue model for music except:

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Which of the following is an unfair competitive advantage?

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All of the following would be considered a direct competitor of Priceline except:

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Which element of the business model refers to the presence of substitute products in the market?

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

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