Question 1

A(n) ________ provides a financial snapshot of a company's assets and liabilities (debts) on a given date.

Accepted Answer

The answer of A(n) ________ provides a financial snapshot of...

Question 2

Describe the virtual merchant business model and its unique challenges in becoming financially viable.

Accepted Answer

Virtual merchants are single-channel Web

Question 3

All of the following statements about the online insurance industry are True except:

Accepted Answer

A)  the Internet has dramatically changed the insurance industry's value chain. 
B)  Web sites of almost all the major firms provide the ability to obtain an online quote. 
C)  Internet usage has led to a decline in term life insurance prices industry-wide. 
D)  the industry has been very successful in attracting visitors searching for information. 
A)  the Internet has dramatically changed the insurance industry's value chain. 
B)  Web sites of almost all the major firms provide the ability to obtain an online quote. 
C)  Internet usage has led to a decline in term life insurance prices industry-wide. 
D)  the industry has been very successful in attracting visitors searching for information.

Question 4

Gross margin is defined as gross profit:

Accepted Answer

A)  minus total operating expenses. 
B)  divided by net sales revenues. 
C)  divided by cost of sales. 
D)  minus net income. 
A)  minus total operating expenses. 
B)  divided by net sales revenues. 
C)  divided by cost of sales. 
D)  minus net income.

Question 5

The four main online retail business models are virtual merchants, multi-channel merchants, manufacturer-direct firms, and ________ merchants.

Accepted Answer

The answer of The four main online retail business models...

Question 6

________ is the largest online travel service.

Accepted Answer

The answer of ________ is the largest online travel service....

Question 7

All of the following were factors that precipitated the growth of MOTO except:

Accepted Answer

A)  the national toll-free call system. 
B)  the growth of the cellular phone industry. 
C)  falling long distance telecommunications prices. 
D)  the growth of the credit card industry. 
A)  the national toll-free call system. 
B)  the growth of the cellular phone industry. 
C)  falling long distance telecommunications prices. 
D)  the growth of the credit card industry.

Question 8

Which of the following is not True about sharing economy firms?

Accepted Answer

A)  Their growth is supported by the use of online reputation systems based on peer review. 
B)  Sharing economy firms that choose a marketplace that is too small to generate sufficient and steady demand are likely to fail. 
C)  Sharing economy firms facilitate access to resources. 
D)  Sharing economy firms are a totally new phenomenon without precedent in the history of e-commerce. 
A)  Their growth is supported by the use of online reputation systems based on peer review. 
B)  Sharing economy firms that choose a marketplace that is too small to generate sufficient and steady demand are likely to fail. 
C)  Sharing economy firms facilitate access to resources. 
D)  Sharing economy firms are a totally new phenomenon without precedent in the history of e-commerce.

Question 9

________ occurs when retailers of products must compete on price and currency of inventory directly against the manufacturer.

Accepted Answer

The answer of ________ occurs when retailers of products must...

Question 10

________ are sites that provide consumers with comparison shopping services, independent financial advice, and financial planning.

Accepted Answer

The answer of ________ are sites that provide consumers with...

Question 11

________ is the leading supplier of reservation, table management, and guest management software for restaurants.

Accepted Answer

The answer of ________ is the leading supplier of reservation,...

Question 12

Which of the following is not a major trend in online retail for 2014-2015?

Accepted Answer

A)  About 90% of Internet users in the United States are now online shoppers. 
B)  Lunchtime purchases are the fastest growing time segment for online retail purchases. 
C)  Online retailers increase the use of interactive marketing tools such as blogs and user-generated content. 
D)  Virtual merchants using a subscription-based revenue model emerge. 
A)  About 90% of Internet users in the United States are now online shoppers. 
B)  Lunchtime purchases are the fastest growing time segment for online retail purchases. 
C)  Online retailers increase the use of interactive marketing tools such as blogs and user-generated content. 
D)  Virtual merchants using a subscription-based revenue model emerge.

Question 13

For a quick check of a firm's short-term financial health, examine its:

Accepted Answer

A)  working capital. 
B)  gross margin. 
C)  long-term debt. 
D)  cost of sales. 
A)  working capital. 
B)  gross margin. 
C)  long-term debt. 
D)  cost of sales.

Question 14

All of the following were parts of the vision during the early days of e-commerce except the belief that:

Accepted Answer

A)  new, "first-mover" middlemen, with expertise in e-commerce, would force traditional intermediaries out of business. 
B)  Web consumers were rational and cost-driven. 
C)  entry costs to the online retail market would be much less than those needed to establish a physical storefront. 
D)  the cost of acquiring customers would be much lower. 
A)  new, "first-mover" middlemen, with expertise in e-commerce, would force traditional intermediaries out of business. 
B)  Web consumers were rational and cost-driven. 
C)  entry costs to the online retail market would be much less than those needed to establish a physical storefront. 
D)  the cost of acquiring customers would be much lower.

Question 15

Which of the following has introduced a tool known as Consumer Alerts to inform readers when a review is likely to be fraudulent?

Accepted Answer

A)  Yelp 
B)  TripAdvisor 
C)  Angie's List 
D)  TripExpert 
A)  Yelp 
B)  TripAdvisor 
C)  Angie's List 
D)  TripExpert

Question 16

Which of the following is not an example of a transaction broker?

Accepted Answer

A)  a stockbroker 
B)  a real estate agent 
C)  an accountant 
D)  an employment agency 
A)  a stockbroker 
B)  a real estate agent 
C)  an accountant 
D)  an employment agency

Question 17

What is another name for pro forma earnings?

Accepted Answer

A)  net margin 
B)  operating income 
C)  earnings before income taxes, depreciation, and amortization (EBITD
A)  
D)  generally accepted accounting principles (GAAP) earnings 
A)  net margin 
B)  operating income 
C)  earnings before income taxes, depreciation, and amortization (EBITD
A)  
D)  generally accepted accounting principles (GAAP) earnings

Question 18

Which of these job recruitment sites is a job site aggregator?

Accepted Answer

A)  Indeed 
B)  Craigslist 
C)  Monster 
D)  CareerBuilder 
A)  Indeed 
B)  Craigslist 
C)  Monster 
D)  CareerBuilder

Question 19

The four major sectors in the travel market are airline tickets, hotel reservations, travel packages, and ________.

Accepted Answer

The answer of The four major sectors in the travel...

Question 20

A(n) ________ is a single channel Web firm that generates almost all its revenues from online sales.

Accepted Answer

The answer of A(n) ________ is a single channel Web...

A(n) ________ provides a financial snapshot of a company's assets and liabilities (debts) on a given date.

Describe the virtual merchant business model and its unique challenges in becoming financially viable.

All of the following statements about the online insurance industry are True except:

Gross margin is defined as gross profit:

The four main online retail business models are virtual merchants, multi-channel merchants, manufacturer-direct firms, and ________ merchants.

________ is the largest online travel service.

All of the following were factors that precipitated the growth of MOTO except:

Which of the following is not True about sharing economy firms?

________ occurs when retailers of products must compete on price and currency of inventory directly against the manufacturer.

________ are sites that provide consumers with comparison shopping services, independent financial advice, and financial planning.

________ is the leading supplier of reservation, table management, and guest management software for restaurants.

Which of the following is not a major trend in online retail for 2014-2015?

For a quick check of a firm's short-term financial health, examine its:

All of the following were parts of the vision during the early days of e-commerce except the belief that:

Which of the following has introduced a tool known as Consumer Alerts to inform readers when a review is likely to be fraudulent?

Which of the following is not an example of a transaction broker?

What is another name for pro forma earnings?

Which of these job recruitment sites is a job site aggregator?

The four major sectors in the travel market are airline tickets, hotel reservations, travel packages, and ________.

A(n) ________ is a single channel Web firm that generates almost all its revenues from online sales.

The Revolution Is Just Beginning

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 Content and Media

Social Networks, Auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters

Exam 9: Online Retailing and Services

A(n) ________ provides a financial snapshot of a company's assets and liabilities (debts) on a given date.

Describe the virtual merchant business model and its unique challenges in becoming financially viable.

All of the following statements about the online insurance industry are True except:

Gross margin is defined as gross profit:

The four main online retail business models are virtual merchants, multi-channel merchants, manufacturer-direct firms, and ________ merchants.

________ is the largest online travel service.

All of the following were factors that precipitated the growth of MOTO except:

Which of the following is not True about sharing economy firms?

________ occurs when retailers of products must compete on price and currency of inventory directly against the manufacturer.

________ are sites that provide consumers with comparison shopping services, independent financial advice, and financial planning.

________ is the leading supplier of reservation, table management, and guest management software for restaurants.

Which of the following is not a major trend in online retail for 2014-2015?

For a quick check of a firm's short-term financial health, examine its:

All of the following were parts of the vision during the early days of e-commerce except the belief that:

Which of the following has introduced a tool known as Consumer Alerts to inform readers when a review is likely to be fraudulent?

Which of the following is not an example of a transaction broker?

What is another name for pro forma earnings?

Which of these job recruitment sites is a job site aggregator?

The four major sectors in the travel market are airline tickets, hotel reservations, travel packages, and ________.

A(n) ________ is a single channel Web firm that generates almost all its revenues from online sales.

The Revolution Is Just Beginning

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 Content and Media

Social Networks, Auctions, and Portals

B2b E-Commerce: Supply Chain Management and Collaborative Commerce

Filters