Exam 2: E-Commerce Business Models and Concepts

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Your solar-panel manufacturing firm has developed a unique and patented process for creating high-efficiency solar panels at a fraction of current costs. This will enable your firm to adopt a strategy of:

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

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The existence of a large number of competitors in any one market segment may indicate:

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The use by a company of its competitive advantage to achieve more advantage in surrounding markets is known as ________.

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Which of the following is not a community provider?

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Differentiation refers to situations in which there is little difference between products and the only basis of choosing a product is price.

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Assume you are analyzing the market opportunity of a distance learning company, Learnmore.com, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore.com's realistic market opportunity, approximately?

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All of the following are key elements of a business model except:

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In general, the key to becoming a successful content provider is to:

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The business model of e-distributors is quite similar to that of:

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In order to be considered successful, a firm must produce returns greater than alternative investments.

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Which of the following is not a variation of the e-tailer business model?

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Visitors to specialized niche vortals tend to spend less money than the average visitor to a horizontal portal.

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Which of the following is not an example of the bricks-and-clicks e-tailing business model?

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In the ________ revenue model, a Web site that offers users content or services charges a fee for access to some or all of its offerings.

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The overall retail market in the United States in 2012 was estimated at about:

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Real markets are perfect markets.

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The terms revenue model and financial model can be used interchangeably.

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If you wished to leverage the ubiquitous nature of the Web to differentiate your product, you would:

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Which of the following companies utilizes a transaction fee revenue model?

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