Question 1

B2B electronic commerce is sometimes called ____________________.

Accepted Answer

e-procurement
e procurement

Question 2

List the primary and support activities that are implemented in strategic business unit value chains.

Accepted Answer

For each business unit, the primary activities are as follows: 
1)identify customers, 
2)design, 
3)purchase materials and supplies, 
4)manufacture product or create service, 
5)market and sell, 
6)deliver, and 
7)provide after-sale service and support.The support activities include: 
1)finance and administration, 
2)human resources, and 
3)technology development.

Question 3

Software translation is also referred to as ____________________ translation.

Accepted Answer

machine

Question 4

A(n)____________________ unit is an autonomous part of a company that is large enough to manage itself but small enough to respond quickly to changes in its business environment.

Accepted Answer

strategic

Question 5

One force driving the growth in global online sales to consumers is the ever-increasing number of people who have access to ____.

Accepted Answer

A) higher education 
B) the Internet 
C) health care 
D) legal counsel 
A) higher education 
B) the Internet 
C) health care 
D) legal counsel

Question 6

In a ____, companies coordinate their strategies, resources, and skill sets by forming long-term, stable relationships with other companies and individuals based on shared purposes.

Accepted Answer

A) market economic structure 
B) value system 
C) business model 
D) network economic structure 
A) market economic structure 
B) value system 
C) business model 
D) network economic structure

Question 7

Strategic partnerships occurring between or among companies operating on the Internet are called ____.

Accepted Answer

A) strategic alliances 
B) economic structure 
C) virtual companies 
D) virtual partnerships 
A) strategic alliances 
B) economic structure 
C) virtual companies 
D) virtual partnerships

Question 8

SWOT is the acronym for ____.

Accepted Answer

A) supply, wealth, occupations, and threats 
B) supply, weaknesses, opportunities, and testing 
C) strengths, weaknesses, opportunities, and threats 
D) strengths, wealth, occupations, and testing 
A) supply, wealth, occupations, and threats 
B) supply, weaknesses, opportunities, and testing 
C) strengths, weaknesses, opportunities, and threats 
D) strengths, wealth, occupations, and testing

Question 9

Most economists agree that markets are weak and ineffective mechanisms for allocating scarce resources.

Accepted Answer

A) True 
 B)False

Question 10

In the mid-1990s, ____ used a SWOT analysis to create a business strategy that helped it become a strong competitor in its industry value chain.

Accepted Answer

A) HP Computer 
B) Acer Computer 
C) Dell Computer 
D) NEC Computer 
A) HP Computer 
B) Acer Computer 
C) Dell Computer 
D) NEC Computer

Question 11

The term ____________________ refers to the theft of musical artists' intellectual property.

Accepted Answer

The answer of The term ____________________ refers to the theft...

Question 12

The legal environment in which electronic commerce is conducted is full of clear and concise laws.

Accepted Answer

A) True 
 B)False

Question 13

Economists use a formal definition of market that includes two conditions: first, the potential sellers of a good come into contact with potential buyers and second, that a medium of exchange is available.

Accepted Answer

A) True 
 B)False

Question 14

A ____ is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.

Accepted Answer

A) supply chain 
B) supply group 
C) value chain 
D) value group 
A) supply chain 
B) supply group 
C) value chain 
D) value group

Question 15

A(n)____ is a specific collection of business processes used to identify customers, market to those customers, and generate sales to those customers.

Accepted Answer

A) industry value chain 
B) strategic alliance 
C) revenue model 
D) value-added network 
A) industry value chain 
B) strategic alliance 
C) revenue model 
D) value-added network

Question 16

Internet ____________________ includes the computers and software connected to the Internet and the communications networks over which the message packets travel.

Accepted Answer

The answer of Internet ____________________ includes the computers and software...

Question 17

Companies with established reputations in the physical world often create ____________________ by ensuring that customers know who they are.

Accepted Answer

The answer of Companies with established reputations in the physical...

Question 18

____ are the total of all costs that a buyer and a seller incur as they gather information and negotiate a purchase-and-sale transaction.

Accepted Answer

A) Purchase costs 
B) Sale costs 
C) Transaction costs 
D) Hardware costs 
A) Purchase costs 
B) Sale costs 
C) Transaction costs 
D) Hardware costs

Question 19

One significant component of ____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.

Accepted Answer

A) economic costs 
B) transaction costs 
C) SWOT analysis 
D) retention costs 
A) economic costs 
B) transaction costs 
C) SWOT analysis 
D) retention costs

Question 20

A(n)____ is a set of processes that combine to yield a profit.

Accepted Answer

A) value system 
B) industry value chain 
C) shipping profile 
D) business model 
A) value system 
B) industry value chain 
C) shipping profile 
D) business model

B2B electronic commerce is sometimes called ____________________.

List the primary and support activities that are implemented in strategic business unit value chains.

Software translation is also referred to as ____________________ translation.

A(n)____________________ unit is an autonomous part of a company that is large enough to manage itself but small enough to respond quickly to changes in its business environment.

One force driving the growth in global online sales to consumers is the ever-increasing number of people who have access to ____.

In a ____, companies coordinate their strategies, resources, and skill sets by forming long-term, stable relationships with other companies and individuals based on shared purposes.

Strategic partnerships occurring between or among companies operating on the Internet are called ____.

SWOT is the acronym for ____.

Most economists agree that markets are weak and ineffective mechanisms for allocating scarce resources.

In the mid-1990s, ____ used a SWOT analysis to create a business strategy that helped it become a strong competitor in its industry value chain.

The term ____________________ refers to the theft of musical artists' intellectual property.

The legal environment in which electronic commerce is conducted is full of clear and concise laws.

Economists use a formal definition of market that includes two conditions: first, the potential sellers of a good come into contact with potential buyers and second, that a medium of exchange is available.

A ____ is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.

A(n)____ is a specific collection of business processes used to identify customers, market to those customers, and generate sales to those customers.

Internet ____________________ includes the computers and software connected to the Internet and the communications networks over which the message packets travel.

Companies with established reputations in the physical world often create ____________________ by ensuring that customers know who they are.

____ are the total of all costs that a buyer and a seller incur as they gather information and negotiate a purchase-and-sale transaction.

One significant component of ____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.

A(n)____ is a set of processes that combine to yield a profit.

Technology Infrastructure: the Internet and the World Wide Web

Selling on the Web

Marketing on the Web

Business-To-Business Activities: Improving Efficiency and Reducing Costs

Social Networking, Mobile Commerce, and Online Auctions

The Environment of Electronic Commerce: Legal, Ethical, and Tax Issues

Web Server Hardware and Software

Electronic Commerce Software

Electronic Commerce Security

Payment Systems for Electronic Commerce

Planning for Electronic Commerce

Filters

Exam 1: Introduction to Electronic Commerce

B2B electronic commerce is sometimes called ____________________.

List the primary and support activities that are implemented in strategic business unit value chains.

Software translation is also referred to as ____________________ translation.

A(n)____________________ unit is an autonomous part of a company that is large enough to manage itself but small enough to respond quickly to changes in its business environment.

One force driving the growth in global online sales to consumers is the ever-increasing number of people who have access to ____.

In a ____, companies coordinate their strategies, resources, and skill sets by forming long-term, stable relationships with other companies and individuals based on shared purposes.

Strategic partnerships occurring between or among companies operating on the Internet are called ____.

SWOT is the acronym for ____.

Most economists agree that markets are weak and ineffective mechanisms for allocating scarce resources.

In the mid-1990s, ____ used a SWOT analysis to create a business strategy that helped it become a strong competitor in its industry value chain.

The term ____________________ refers to the theft of musical artists' intellectual property.

The legal environment in which electronic commerce is conducted is full of clear and concise laws.

Economists use a formal definition of market that includes two conditions: first, the potential sellers of a good come into contact with potential buyers and second, that a medium of exchange is available.

A ____ is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.

A(n)____ is a specific collection of business processes used to identify customers, market to those customers, and generate sales to those customers.

Internet ____________________ includes the computers and software connected to the Internet and the communications networks over which the message packets travel.

Companies with established reputations in the physical world often create ____________________ by ensuring that customers know who they are.

____ are the total of all costs that a buyer and a seller incur as they gather information and negotiate a purchase-and-sale transaction.

One significant component of ____ can be the investment a seller makes in equipment or in the hiring of skilled employees to supply the product or service to the buyer.

A(n)____ is a set of processes that combine to yield a profit.

Technology Infrastructure: the Internet and the World Wide Web

Selling on the Web

Marketing on the Web

Business-To-Business Activities: Improving Efficiency and Reducing Costs

Social Networking, Mobile Commerce, and Online Auctions

The Environment of Electronic Commerce: Legal, Ethical, and Tax Issues

Web Server Hardware and Software

Electronic Commerce Software

Electronic Commerce Security

Payment Systems for Electronic Commerce

Planning for Electronic Commerce

Filters