Exam 2: E-Commerce Business Models and Concepts

An industry ________ is an effort to understand and describe the nature of competition in an industry, the nature of substitute products, the barriers to entry, and the relative strength of consumers and suppliers.

All of the following use an advertising revenue model except:

A(n) ________ is a company that collects information from a wide variety of sources and then adds value to that information.

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

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

Briefly explain three B2B Net marketplace business models besides the exchange business model.

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

Grainger.com is an example of which of the following business models?

The Internet's universal standards decrease the cost of industry and firm operations.

A(n) ________ strategy is a strategy to compete in all markets around the globe rather than merely in local, regional, or national markets.

An asymmetry exists whenever one participant in a market has more resources than other participants.

Interfirm rivalry is one area of the business environment where e-commerce technologies have had an impact on most industries.

________ is a social network based on 140-character messages.

Which of the following is not considered a portal?

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.

Stickiness is an important attribute for which revenue model?

Exostar is an example of a(n):

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

One of the competitive advantages of a B2B service provider is that it can spread the cost of an expensive software system over many users, achieving efficiencies referred to as:

Scale economies are efficiencies that result from flattening the hierarchy of an organization.