Exam 12: Managing Electronic Commerce Implementations

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The development times for all electronic commerce projects are relatively long.

(True/False)
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Old-style technology development incubators have yielded much better results than strategic partner incubators.

(True/False)
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A successful business plan for an electronic commerce initiative should include activities that identify the initiative's specific objectives and link those objectives to business strategies.

(True/False)
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The _____ version is the "under construction" version of a Web site, which gives the company a place to make sure that each new feature works before exposing it to customers.

(Short Answer)
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Electronic commerce initiatives are, in general, more successful than other types of information systems implementations.

(True/False)
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One of the first Internet incubators was _____, which helped launch companies such as CarsDirect.com, Overture, and Tickets.com.

(Short Answer)
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The major investments in equipment, personnel, and other assets, in a company, are called _____.

(Short Answer)
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The _____ staff functions include load estimation and load monitoring and designing and implementing fault-resistant technologies.

(Multiple Choice)
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Return on investment focuses on benefits that cannot be predicted.

(True/False)
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In the context of assessing the benefits of electronic commerce, auction sites can set goals for the number of bidders and sellers.

(True/False)
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The internal team of an organization decides which parts of a project to outsource.

(True/False)
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Wealthy individuals, groups of wealthy individuals, or investment firms that look for small companies that are about to grow rapidly and invest large amounts of money in them are known as _____.

(Short Answer)
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Businesspersons who have enough money and business knowledge to evaluate an idea's potential and provide the initial capital to a startup and hope to profit from its rapid growth are called _____.

(Short Answer)
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_____ are responsible for purchasing existing material and adapting it for use on Web sites.

(Short Answer)
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What is the purpose of an incubator?

(Essay)
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Total cost of ownership techniques measure the amount of income that will be provided by a specific current expenditure.

(True/False)
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Increased customer satisfaction is a tangible benefit of electronic commerce.

(True/False)
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_____ is a technique in which each project is monitored as if it were an investment in a financial portfolio.

(Short Answer)
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The first step in determining which parts of an electronic commerce project to outsource is to create an internal team that is responsible for the project.

(True/False)
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Identify a true statement about opportunity cost.

(Multiple Choice)
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