Exam 1: Overview of Electronic Commerce

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According to the ________ revenue model,companies receive commissions for referring customers to others' EC websites.

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EC classifications include

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When Apple conducts online transactions with its trading partners,this is an example of

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The success of the entrepreneurial company JetPens was due to keeping costs low by each of the following methods except

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A business model is a method of doing business by which a company can generate revenue to sustain itself.

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Efficient transactions,price comparisons for customers,and global reach are three major capabilities that contribute to the growth of EC.

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Referencing the Electronic Commerce Framework,marketing and advertisement is in the category of

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According to Amit and Zott (2001),novelty creates value through innovative ways for structuring transactions,connecting partners,and fostering new markets.

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Commercial activities conducted on Facebook best describes

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A method of doing business by which a company can generate revenue to sustain itself best defines

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The first generation of EC involves social networks,virtual worlds,and online transactions.

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Rapid technological obsolescence is an example of a technological business pressure.

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A business model outlines how the organization,or the EC project,will generate revenue through sales,transaction fees,advertising fees,affiliate fees,or other revenue sources.

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The financial crisis of 2008-2010 resulted in many companies going out of business or being acquired by other companies.

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Organizations that conduct their business activities solely online are

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Identify and briefly describe five typical EC business models.

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The second generation of Internet-based services that lets people collaborate and share information online in new ways,such as social networks,wikis,communication tools,and folksonomies,best describes

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According to the Business Environment and Performance Impact Model,________ provide support to organizations' activities and to the resultant performance,countering business pressures.

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Reasons EC companies fail include

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An online marketplace where buyers and sellers meet to exchange goods,services,money,or information best defines

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