Question 1

_____ auctions employ a request for quotation.

Accepted Answer

A) Forward 
B) Static 
C) Reverse 
D) Physical 
E) Simple 
A) Forward 
B) Static 
C) Reverse 
D) Physical 
E) Simple

Question 2

______ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary.

Accepted Answer

A) Electronic cheques 
B) Stored-value money cards 
C) Purchasing cards 
D) Smart cards 
E) Person-to-person payments 
A) Electronic cheques 
B) Stored-value money cards 
C) Purchasing cards 
D) Smart cards 
E) Person-to-person payments

Question 3

Selling luxury items online is as easy as selling books and DVDs.

Accepted Answer

A) True 
 B)False

Question 4

_____ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

Accepted Answer

A) Electronic cheques 
B) Electronic credit cards 
C) Electronic cash transactions 
D) Electronic wallets 
E) Electronic debit cards 
A) Electronic cheques 
B) Electronic credit cards 
C) Electronic cash transactions 
D) Electronic wallets 
E) Electronic debit cards

Question 5

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Accepted Answer

A) buy-side 
B) sell-side 
C) auctions 
D) group purchasing 
E) electronic exchange 
A) buy-side 
B) sell-side 
C) auctions 
D) group purchasing 
E) electronic exchange

Question 6

Selling bogus investments and setting up phantom business opportunities are examples of ____________.

Accepted Answer

A) cybersquatting 
B) domain name abuse 
C) fraud on the internet 
D) internet taxation 
A) cybersquatting 
B) domain name abuse 
C) fraud on the internet 
D) internet taxation

Question 7

The practice of using similar but not identical domain names is called _____.

Accepted Answer

A) domain spoofing 
B) domain masquerading 
C) domain tasting 
D) cybersquatting 
E) domain fraud 
A) domain spoofing 
B) domain masquerading 
C) domain tasting 
D) cybersquatting 
E) domain fraud

Question 8

Difficulties in order fulfillment are most closely associated with which type of electronic commerce?

Accepted Answer

A) Business-to-business 
B) Business-to-consumer 
C) Government-to-citizen 
D) Business-to-employee 
E) Mobile commerce 
A) Business-to-business 
B) Business-to-consumer 
C) Government-to-citizen 
D) Business-to-employee 
E) Mobile commerce

Question 9

_____ are typically used for unplanned B2B purchases for amounts under $2000.

Accepted Answer

A) Electronic cheques 
B) Stored-value money cards 
C) Purchasing cards 
D) Smart cards 
E) Person-to-person payments 
A) Electronic cheques 
B) Stored-value money cards 
C) Purchasing cards 
D) Smart cards 
E) Person-to-person payments

Question 10

_____ offer(s)consumers incentives to accept advertising and e-mail voluntarily.

Accepted Answer

A) Viral marketing 
B) Personalized marketing 
C) Permission marketing 
D) Paper catalogs 
E) Direct mail 
A) Viral marketing 
B) Personalized marketing 
C) Permission marketing 
D) Paper catalogs 
E) Direct mail

Question 11

Which of the following are luxury shoppers' requirements that a Web site could not originally provide?

Accepted Answer

A) Hands-on customer service 
B) Guidance on the latest fashions 
C) Trying on/looking at the products 
D) All of the above are things that couldn't originally be provided 
A) Hands-on customer service 
B) Guidance on the latest fashions 
C) Trying on/looking at the products 
D) All of the above are things that couldn't originally be provided

Question 12

____________ contain a chip called a microprocessor that can store a considerable amount of information.

Accepted Answer

A) E-checks 
B) Person-to-person payments 
C) Smart cards 
D) Stored-value money cards 
A) E-checks 
B) Person-to-person payments 
C) Smart cards 
D) Stored-value money cards

Question 13

The degree of digitization relates to all of the following except:

Accepted Answer

A) The product or service sold 
B) The process by which the product is produced 
C) The delivery agent or intermediary 
D) The size of e-commerce transactions 
E) None of these 
A) The product or service sold 
B) The process by which the product is produced 
C) The delivery agent or intermediary 
D) The size of e-commerce transactions 
E) None of these

Question 14

Selling products such as books and computers on the Internet may reduce vendors' selling costs by 20 to 40 percent, with further reductions being difficult because the products must be delivered physically.

Accepted Answer

A) True 
 B)False

Question 15

___________ involves business requesting quotes from suppliers.

Accepted Answer

A) Find-the-best-price 
B) Electronic tendering system 
C) Name-your-own-price 
D) Online direct marketing 
E) Affiliate marketing 
A) Find-the-best-price 
B) Electronic tendering system 
C) Name-your-own-price 
D) Online direct marketing 
E) Affiliate marketing

Question 16

__________ are electronic billboards.

Accepted Answer

A) Advertisements 
B) Banners 
C) Pop-up ads 
D) Pop-under ads 
A) Advertisements 
B) Banners 
C) Pop-up ads 
D) Pop-under ads

Question 17

In the _____ marketplace model, organizations attempt to sell their products or services to other organizations electronically.

Accepted Answer

A) buy-side 
B) sell-side 
C) group purchasing 
D) desktop purchasing 
E) electronic exchange 
A) buy-side 
B) sell-side 
C) group purchasing 
D) desktop purchasing 
E) electronic exchange

Question 18

Which of the following is a problem that e-commerce can cause for the airline industry?

Accepted Answer

A) Too many fares 
B) Mistakes in fares 
C) Too few fares 
D) No fares offered on certain routes 
E) Too many fares offered on certain routes 
A) Too many fares 
B) Mistakes in fares 
C) Too few fares 
D) No fares offered on certain routes 
E) Too many fares offered on certain routes

Question 19

Forward auctions are the major method used in buy-side marketplaces.

Accepted Answer

A) True 
 B)False

Question 20

You decide to start a landscaping business called Trim Grass. Some of your residential clients would like to pay their bills online. Which of the following methods will not be appropriate for this type of payment?

Accepted Answer

A) Electronic checks 
B) Electronic credit cards 
C) Purchasing cards 
D) Person-to-person payments 
E) Stored-value money cards 
A) Electronic checks 
B) Electronic credit cards 
C) Purchasing cards 
D) Person-to-person payments 
E) Stored-value money cards

_____ auctions employ a request for quotation.

______ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary.

Selling luxury items online is as easy as selling books and DVDs.

_____ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Selling bogus investments and setting up phantom business opportunities are examples of ____________.

The practice of using similar but not identical domain names is called _____.

Difficulties in order fulfillment are most closely associated with which type of electronic commerce?

_____ are typically used for unplanned B2B purchases for amounts under $2000.

_____ offer(s)consumers incentives to accept advertising and e-mail voluntarily.

Which of the following are luxury shoppers' requirements that a Web site could not originally provide?

____________ contain a chip called a microprocessor that can store a considerable amount of information.

The degree of digitization relates to all of the following except:

Selling products such as books and computers on the Internet may reduce vendors' selling costs by 20 to 40 percent, with further reductions being difficult because the products must be delivered physically.

___________ involves business requesting quotes from suppliers.

__________ are electronic billboards.

In the _____ marketplace model, organizations attempt to sell their products or services to other organizations electronically.

Which of the following is a problem that e-commerce can cause for the airline industry?

Forward auctions are the major method used in buy-side marketplaces.

You decide to start a landscaping business called Trim Grass. Some of your residential clients would like to pay their bills online. Which of the following methods will not be appropriate for this type of payment?

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Ethics and Privacy

Information Security and Controls

Data and Knowledge Management

Telecommunications and Networking

Wireless, Mobile Computing, and Mobile Commerce

Social Computing

Information Systems Within the Organization

Customer Relationship Management and Supply Chain Management

Business Intelligence

Acquiring Information Systems and Applications

Technology Guide 1 : Hardware

Technology Guide 2 : Software

Technology Guide 3 : Cloud Computing

Technology Guide 4 : Intelligent Systems

Technology Guide 5 Protecting Your Information Assets

Filters

Exam 7: E-Business and E-Commerce

_____ auctions employ a request for quotation.

______ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary.

Selling luxury items online is as easy as selling books and DVDs.

_____ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Selling bogus investments and setting up phantom business opportunities are examples of ____________.

The practice of using similar but not identical domain names is called _____.

Difficulties in order fulfillment are most closely associated with which type of electronic commerce?

_____ are typically used for unplanned B2B purchases for amounts under $2000.

_____ offer(s)consumers incentives to accept advertising and e-mail voluntarily.

Which of the following are luxury shoppers' requirements that a Web site could not originally provide?

____________ contain a chip called a microprocessor that can store a considerable amount of information.

The degree of digitization relates to all of the following except:

Selling products such as books and computers on the Internet may reduce vendors' selling costs by 20 to 40 percent, with further reductions being difficult because the products must be delivered physically.

___________ involves business requesting quotes from suppliers.

__________ are electronic billboards.

In the _____ marketplace model, organizations attempt to sell their products or services to other organizations electronically.

Which of the following is a problem that e-commerce can cause for the airline industry?

Forward auctions are the major method used in buy-side marketplaces.

You decide to start a landscaping business called Trim Grass. Some of your residential clients would like to pay their bills online. Which of the following methods will not be appropriate for this type of payment?

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Ethics and Privacy

Information Security and Controls

Data and Knowledge Management

Telecommunications and Networking

Wireless, Mobile Computing, and Mobile Commerce

Social Computing

Information Systems Within the Organization

Customer Relationship Management and Supply Chain Management

Business Intelligence

Acquiring Information Systems and Applications

Technology Guide 1 : Hardware

Technology Guide 2 : Software

Technology Guide 3 : Cloud Computing

Technology Guide 4 : Intelligent Systems

Technology Guide 5 Protecting Your Information Assets

Filters