Question 1

Which of the following is not an example of a social network?

Accepted Answer

A)  Uber 
B)  Twitter 
C)  Pinterest 
D)  Tumblr 
A)  Uber 
B)  Twitter 
C)  Pinterest 
D)  Tumblr A

Question 2

All of the following are major social trends in e-commerce in 2014-2015 except for:

Accepted Answer

A)  the impact of social networks on privacy. 
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)  the impact of social networks on privacy. 
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. C

Question 3

Which of the following is an example of a sharing economy company?

Accepted Answer

A)  YouTube 
B)  Airbnb 
C)  Tumblr 
D)  Facebook 
A)  YouTube 
B)  Airbnb 
C)  Tumblr 
D)  Facebook B

Question 4

Which of the following is not a major business trend in e-commerce in 2014-2015?

Accepted Answer

A)  Social 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)  Sharing economy companies garner multi-billion dollar valuations. 
D)  Mobile and social advertising platforms begin to challenge search engine marketing. 
A)  Social 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)  Sharing economy companies garner multi-billion dollar valuations. 
D)  Mobile and social advertising platforms begin to challenge search engine marketing.

Question 5

All of the following can be considered a precursor to e-commerce except:

Accepted Answer

A)  the development of the smartphone. 
B)  Baxter Healthcare's PC-based remote order entry system. 
C)  the French Minitel. 
D)  the development of Electronic Data Interchange standards. 
A)  the development of the smartphone. 
B)  Baxter Healthcare's PC-based remote order entry system. 
C)  the French Minitel. 
D)  the development of Electronic Data Interchange standards.

Question 6

The Internet has shown extraordinary growth patterns compared to other electronic technologies of the past.

Accepted Answer

A) True 
 B)False

Question 7

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

Accepted Answer

A)  consumer-to-consumer (C2
C)  
B)  social e-commerce 
C)  mobile e-commerce 
D)  business-to-business (B2
B)  
A)  consumer-to-consumer (C2
C)  
B)  social e-commerce 
C)  mobile e-commerce 
D)  business-to-business (B2
B)

Question 8

Which of the following is the best definition of transaction cost?

Accepted Answer

A)  the expense of changing national or regional prices 
B)  the cost of participating in a market 
C)  the cost of finding suitable products in the market 
D)  the cost merchants pay to bring their goods to market 
A)  the expense of changing national or regional prices 
B)  the cost of participating in a market 
C)  the cost of finding suitable products in the market 
D)  the cost merchants pay to bring their goods to market

Question 9

The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.

Accepted Answer

A) True 
 B)False

Question 10

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

Question 11

The first evolutionary phase of e-commerce, from 1995 to 2000, characterized as technology-driven and ungoverned, was a period of ________.

Accepted Answer

innovation

Question 12

Which of the following features of e-commerce technology is related to the concept of network externalities?

Accepted Answer

A)  richness 
B)  interactivity 
C)  universal standards 
D)  information density 
A)  richness 
B)  interactivity 
C)  universal standards 
D)  information density

Question 13

The ________ was the original "killer app" that made the Internet commercially interesting and extraordinarily popular.

Accepted Answer

The answer of The ________ was the original "killer app"...

Question 14

The costs incurred by merchants in having to change product prices (such as the costs of reentering prices into computer systems) are referred to as ________ costs.

Accepted Answer

The answer of The costs incurred by merchants in having...

Question 15

A(n) ________ occurs when everyone in a group receives value because all participants use the same tool or product.

Accepted Answer

The answer of A(n) ________ occurs when everyone in a...

Question 16

Which of the following is not a characteristic of a perfect competitive market?

Accepted Answer

A)  Price, cost, and quality information are equally distributed. 
B)  A nearly infinite set of suppliers compete against one another. 
C)  Customers have access to all relevant information worldwide. 
D)  It is highly regulated. 
A)  Price, cost, and quality information are equally distributed. 
B)  A nearly infinite set of suppliers compete against one another. 
C)  Customers have access to all relevant information worldwide. 
D)  It is highly regulated.

Question 17

Which of the following is the top-selling online retail category?

Accepted Answer

A)  apparel/accessories 
B)  computers/electronics 
C)  mass merchant/department stores 
D)  office supplies 
A)  apparel/accessories 
B)  computers/electronics 
C)  mass merchant/department stores 
D)  office supplies

Question 18

Which of the following is not True about the use of apps?

Accepted Answer

A)  The average U.S. consumer spends over 2 hours and 45 minutes a day using apps. 
B)  Users still spend less time using apps than they do using desktops or mobile Web sites. 
C)  Apps are easier to control and monetize than Web sites. 
D)  Over 175 million people in the United States launch a smartphone app more than 60 times a day. 
A)  The average U.S. consumer spends over 2 hours and 45 minutes a day using apps. 
B)  Users still spend less time using apps than they do using desktops or mobile Web sites. 
C)  Apps are easier to control and monetize than Web sites. 
D)  Over 175 million people in the United States launch a smartphone app more than 60 times a day.

Question 19

________ is the most successful online encyclopedia.

Accepted Answer

The answer of ________ is the most successful online encyclopedia....

Question 20

In 2014, the world's online population was estimated to be around:

Accepted Answer

A)  280 million. 
B)  2.8 billion. 
C)  28 billion. 
D)  280 billion. 
A)  280 million. 
B)  2.8 billion. 
C)  28 billion. 
D)  280 billion.

Which of the following is not an example of a social network?

All of the following are major social trends in e-commerce in 2014-2015 except for:

Which of the following is an example of a sharing economy company?

Which of the following is not a major business trend in e-commerce in 2014-2015?

All of the following can be considered a precursor to e-commerce except:

The Internet has shown extraordinary growth patterns compared to other electronic technologies of the past.

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

Which of the following is the best definition of transaction cost?

The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.

Above all, e-commerce is a ________ phenomenon.

The first evolutionary phase of e-commerce, from 1995 to 2000, characterized as technology-driven and ungoverned, was a period of ________.

Which of the following features of e-commerce technology is related to the concept of network externalities?

The ________ was the original "killer app" that made the Internet commercially interesting and extraordinarily popular.

The costs incurred by merchants in having to change product prices (such as the costs of reentering prices into computer systems) are referred to as ________ costs.

A(n) ________ occurs when everyone in a group receives value because all participants use the same tool or product.

Which of the following is not a characteristic of a perfect competitive market?

Which of the following is the top-selling online retail category?

Which of the following is not True about the use of apps?

________ is the most successful online encyclopedia.

In 2014, the world's online population was estimated to be around:

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

Which of the following is not an example of a social network?

All of the following are major social trends in e-commerce in 2014-2015 except for:

Which of the following is an example of a sharing economy company?

Which of the following is not a major business trend in e-commerce in 2014-2015?

All of the following can be considered a precursor to e-commerce except:

The Internet has shown extraordinary growth patterns compared to other electronic technologies of the past.

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

Which of the following is the best definition of transaction cost?

The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.

Above all, e-commerce is a ________ phenomenon.

The first evolutionary phase of e-commerce, from 1995 to 2000, characterized as technology-driven and ungoverned, was a period of ________.

Which of the following features of e-commerce technology is related to the concept of network externalities?

The ________ was the original "killer app" that made the Internet commercially interesting and extraordinarily popular.

The costs incurred by merchants in having to change product prices (such as the costs of reentering prices into computer systems) are referred to as ________ costs.

A(n) ________ occurs when everyone in a group receives value because all participants use the same tool or product.

Which of the following is not a characteristic of a perfect competitive market?

Which of the following is the top-selling online retail category?

Which of the following is not True about the use of apps?

________ is the most successful online encyclopedia.

In 2014, the world's online population was estimated to be around:

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