Exam 7: E-Business and E-Commerce

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Discuss the benefits and limitations of electronic commerce.

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Direct payment of Employment Insurance benefits is an example of ______ e-commerce.

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_____ auctions are the most common auction model for large purchases.

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_____ contain a chip that can store information and be used for several purposes.

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When multiple buyers combine their orders so that they constitute a large volume and therefore attract more seller attention, it is called group purchasing.

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Which of the following is NOT a form of electronic cash?

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The _____________ strategy for large retailers, with its accompanying high overhead costs, has become a liability rather than an asset.

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In the _____ B2B application, the orders of many buyers are aggregated so that they comprise a large volume, in order to merit more seller attention.

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Which of the following is an issue in e-tailing?

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In traditional commerce, one or more of the following can be digital: the product or service, the process, and the delivery agent.

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Which of the following statements regarding the relationship between electronic commerce and search is not correct?

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_____, which is a broader concept than _____, is the buying and selling of goods and services, as well as servicing customers, collaborating with business partners, and performing transactions within an organization.

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Forward auctions are auctions that sellers use as a channel to many potential buyers.

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Electronic malls are collections of individual shops under a single Internet address.

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In a forward auction, the highest bid wins.

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How are other retailers competing with Amazon?

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How are Canadian Tire and Loblaw competing with Amazon?

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What is disintermediation? How does the web facilitate disintermediation? Is disintermediation inevitable for all industries? Why or why not?

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Which of the following is a click-only bank?

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Discuss the various methods of online advertising.

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