Exam 4: Enabling Business-To-Consumer Electronic Commerce

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Which of the following statements is true about companies pursuing a click-only business strategy?

(Multiple Choice)
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Government-to-business (G2B)EC does not involve businesses' relationships with all levels of government.

(True/False)
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Doug,a frequent visitor of online auction sites,uses two different accounts-one to place a low bid and the other to place a very high bid on the desired item.This leads to other bidders dropping out of the auction.He then retracts the high bid and wins the item at the low bid.This form of e-auction fraud is known as ________.

(Multiple Choice)
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M-commerce is defined as any electronic transaction or information interaction conducted using a wireless,mobile device and mobile networks that leads to the transfer of real or perceived value in exchange for information,services,or goods.

(True/False)
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A ________ is a form of e-auction which allows businesses to buy seized and surplus government equipment.

(Multiple Choice)
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Shill bidding is also known as freecycling.

(True/False)
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The online sales of goods and services are known as ________.

(Multiple Choice)
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The greatest impact of the Web-based EC revolution has occurred in companies adopting the brick-and-mortar approach.

(True/False)
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Which of the following statements is true about firms pursuing a click-and-mortar business strategy?

(Multiple Choice)
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The auction site eBay.com is an example of ________ electronic commerce.

(Multiple Choice)
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Identify a true statement about reintermediation with reference to e-tailing.

(Multiple Choice)
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In the context of pay-per-click models,inflating the revenue to a host or increasing costs for the advertiser by repeatedly clicking on a link is called ________ fraud.

(Multiple Choice)
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Click-through rate reflects ________.

(Multiple Choice)
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One of the challenges for brick-and-mortars involve increasing IS complexity.

(True/False)
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Explain social media marketing with an example.

(Essay)
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The phenomenon of cutting out the "middleman" and reaching customers more directly and efficiently is known as ________.

(Multiple Choice)
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Amazon.com is an example of a brick-and-mortar company.

(True/False)
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With respect to the online consumer's hierarchy of needs,identify the most critical characteristic of a Web site.

(Multiple Choice)
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A way to ensure that a company's site is on the first page users see when looking for a specific term is using ________ advertising.

(Multiple Choice)
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Identify a key driver for m-commerce.

(Multiple Choice)
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