Question 1

Each of the following is a true statement about public e-marketplaces except

Accepted Answer

A)  public marketplaces are usually B2B markets. 
B)  public marketplaces are often owned by a third party. 
C)  public marketplaces are not regulated by the government. 
D)  public marketplaces serve many sellers and buyers. 
A)  public marketplaces are usually B2B markets. 
B)  public marketplaces are often owned by a third party. 
C)  public marketplaces are not regulated by the government. 
D)  public marketplaces serve many sellers and buyers. C

Question 2

The emergence of electronic marketplaces changed several of the processes used in trading and supply chains including

Accepted Answer

A)  lowering information search time and cost for buyers. 
B)  the ability of buyers, sellers, and the virtual market to each be in a different location. 
C)  the ability for EC to leverage capabilities with increased effectiveness and lower transaction and distribution costs, leading to more efficient "friction-free" markets. 
D)  all of the above. 
A)  lowering information search time and cost for buyers. 
B)  the ability of buyers, sellers, and the virtual market to each be in a different location. 
C)  the ability for EC to leverage capabilities with increased effectiveness and lower transaction and distribution costs, leading to more efficient "friction-free" markets. 
D)  all of the above. D

Question 3

Which of the following is a social software tool?

Accepted Answer

A)  auctions 
B)  blogs 
C)  shopping carts 
D)  e-catalogs 
A)  auctions 
B)  blogs 
C)  shopping carts 
D)  e-catalogs B

Question 4

Microsite refers to a page or pages that are meant to function as an auxiliary supplement to a primary website.

Accepted Answer

A) True 
 B)False

Question 5

E-auctions are becoming less important selling and buying channels for companies and individuals.

Accepted Answer

A) True 
 B)False

Question 6

Define marketspace.Identify the major components and players in the marketspace.

Accepted Answer

A marketspace is where sellers and buyer

Question 7

An auction in which multiple buyers and their bidding prices are matched with multiple sellers and their asking prices,considering the quantities on both sides best defines

Accepted Answer

A)  forward auction. 
B)  reverse auction. 
C)  double auction. 
D)  penny auction. 
A)  forward auction. 
B)  reverse auction. 
C)  double auction. 
D)  penny auction.

Question 8

The practice of identifying and enabling specific content across the enterprise to be indexed,searched,and displayed to authorized users best describes

Accepted Answer

A)  desktop search. 
B)  enterprise search. 
C)  web search. 
D)  portal search. 
A)  desktop search. 
B)  enterprise search. 
C)  web search. 
D)  portal search.

Question 9

A single-sided e-marketplace is a private e-marketplace in which one company makes purchases from invited suppliers.

Accepted Answer

A) True 
 B)False

Question 10

Benefits of e-auctions to buyers include

Accepted Answer

A)  liquidating large quantities quickly. 
B)  higher repeat purchases. 
C)  optimal price setting determined by the market. 
D)  opportunities to find unique items. 
A)  liquidating large quantities quickly. 
B)  higher repeat purchases. 
C)  optimal price setting determined by the market. 
D)  opportunities to find unique items.

Question 11

Online markets that are owned and operated by a single company and that are either sell-side or buy-side are known as

Accepted Answer

A)  private e-marketplaces. 
B)  commercial portals. 
C)  e-malls. 
D)  B2B marketplaces. 
A)  private e-marketplaces. 
B)  commercial portals. 
C)  e-malls. 
D)  B2B marketplaces.

Question 12

The entertainment EC activity is supported by

Accepted Answer

A)  Web 2.0 tools. 
B)  e-auctions. 
C)  electronic markets. 
D)  storefronts. 
A)  Web 2.0 tools. 
B)  e-auctions. 
C)  electronic markets. 
D)  storefronts.

Question 13

Briefly discuss four mechanism aids for Web 2.0 tools.

Accepted Answer

Tags,folksonomy,mashups,and social bookm

Question 14

An electronic shopping cart is an order-processing technology that allows customers to accumulate items they wish to buy while they continue to shop.

Accepted Answer

A) True 
 B)False

Question 15

An auction is the most popular type of virtual community.

Accepted Answer

A) True 
 B)False

Question 16

Dynamic pricing is the most common way customers purchase items online.

Accepted Answer

A) True 
 B)False

Question 17

Eastern Mountain Sports uses Web 2.0 tools to increase collaboration,information sharing,and communication among their employees,suppliers,and customers.

Accepted Answer

A) True 
 B)False

Question 18

A formal auction in which participants pay a nonrefundable small fee for each bid,and the bid level changes by small increments.This defines

Accepted Answer

A)  reverse auction. 
B)  charge-by-bid auction. 
C)  forward auction. 
D)  penny auction. 
A)  reverse auction. 
B)  charge-by-bid auction. 
C)  forward auction. 
D)  penny auction.

Question 19

Disintermediation is the elimination of intermediaries between sellers and buyers.

Accepted Answer

A) True 
 B)False

Question 20

McKinsey and Company's trend predictions include(s)

Accepted Answer

A)  distributed cocreation moves into the mainstream. 
B)  imagining anything as a service. 
C)  innovation coming from the bottom of the pyramid. 
D)  all of the above. 
A)  distributed cocreation moves into the mainstream. 
B)  imagining anything as a service. 
C)  innovation coming from the bottom of the pyramid. 
D)  all of the above.

Each of the following is a true statement about public e-marketplaces except

The emergence of electronic marketplaces changed several of the processes used in trading and supply chains including

Which of the following is a social software tool?

Microsite refers to a page or pages that are meant to function as an auxiliary supplement to a primary website.

E-auctions are becoming less important selling and buying channels for companies and individuals.

Define marketspace.Identify the major components and players in the marketspace.

An auction in which multiple buyers and their bidding prices are matched with multiple sellers and their asking prices,considering the quantities on both sides best defines

The practice of identifying and enabling specific content across the enterprise to be indexed,searched,and displayed to authorized users best describes

A single-sided e-marketplace is a private e-marketplace in which one company makes purchases from invited suppliers.

Benefits of e-auctions to buyers include

Online markets that are owned and operated by a single company and that are either sell-side or buy-side are known as

The entertainment EC activity is supported by

Briefly discuss four mechanism aids for Web 2.0 tools.

An electronic shopping cart is an order-processing technology that allows customers to accumulate items they wish to buy while they continue to shop.

An auction is the most popular type of virtual community.

Dynamic pricing is the most common way customers purchase items online.

Eastern Mountain Sports uses Web 2.0 tools to increase collaboration,information sharing,and communication among their employees,suppliers,and customers.

A formal auction in which participants pay a nonrefundable small fee for each bid,and the bid level changes by small increments.This defines

Disintermediation is the elimination of intermediaries between sellers and buyers.

McKinsey and Company's trend predictions include(s)

Overview of Electronic Commerce

Retailing in Electronic Commerce: Products and Services

B2B E-Commerce

Innovative EC Systems: From E-Government to E-Learning, collaborative Commerce, and C2C Commerce

Mobile Commerce and Ubiquitous Computing

Social Commerce

Marketing and Advertising in E-Commerce

E-Commerce Security and Fraud Protection

Electronic Commerce Payment Systems

Order Fulfillment Along the Supply Chain and Other Ec Support Services

EC Strategy, Globalization, and Smes

Implementing EC Systems: From Justification to Successful Performance

E-Commerce: Regulatory, Ethical, and Social Environments

Launching a Successful Online Business and EC Projects

Filters

Exam 2: E-Commerce: Mechanisms, Infrastructure, and Tools

Each of the following is a true statement about public e-marketplaces except

The emergence of electronic marketplaces changed several of the processes used in trading and supply chains including

Which of the following is a social software tool?

Microsite refers to a page or pages that are meant to function as an auxiliary supplement to a primary website.

E-auctions are becoming less important selling and buying channels for companies and individuals.

Define marketspace.Identify the major components and players in the marketspace.

An auction in which multiple buyers and their bidding prices are matched with multiple sellers and their asking prices,considering the quantities on both sides best defines

The practice of identifying and enabling specific content across the enterprise to be indexed,searched,and displayed to authorized users best describes

A single-sided e-marketplace is a private e-marketplace in which one company makes purchases from invited suppliers.

Benefits of e-auctions to buyers include

Online markets that are owned and operated by a single company and that are either sell-side or buy-side are known as

The entertainment EC activity is supported by

Briefly discuss four mechanism aids for Web 2.0 tools.

An electronic shopping cart is an order-processing technology that allows customers to accumulate items they wish to buy while they continue to shop.

An auction is the most popular type of virtual community.

Dynamic pricing is the most common way customers purchase items online.

Eastern Mountain Sports uses Web 2.0 tools to increase collaboration,information sharing,and communication among their employees,suppliers,and customers.

A formal auction in which participants pay a nonrefundable small fee for each bid,and the bid level changes by small increments.This defines

Disintermediation is the elimination of intermediaries between sellers and buyers.

McKinsey and Company's trend predictions include(s)

Overview of Electronic Commerce

Retailing in Electronic Commerce: Products and Services

B2B E-Commerce

Innovative EC Systems: From E-Government to E-Learning, collaborative Commerce, and C2C Commerce

Mobile Commerce and Ubiquitous Computing

Social Commerce

Marketing and Advertising in E-Commerce

E-Commerce Security and Fraud Protection

Electronic Commerce Payment Systems

Order Fulfillment Along the Supply Chain and Other Ec Support Services

EC Strategy, Globalization, and Smes

Implementing EC Systems: From Justification to Successful Performance

E-Commerce: Regulatory, Ethical, and Social Environments

Launching a Successful Online Business and EC Projects

Filters