Question 1

Which type of digital wallet maintains your e-commerce information on your computer?

Accepted Answer

A) Client-side digital wallet 
B) Consumer-based wallet 
C) Server-side digital wallet 
D) Smart card 
A) Client-side digital wallet 
B) Consumer-based wallet 
C) Server-side digital wallet 
D) Smart card A

Question 2

_____ materials used in the normal operation of a business but not related to primary business operations.

Accepted Answer

Indirect
Explanation: Maintenance,repair,and operations (MRO)materials (also called indirect materials)are materials that are necessary for running a modern corporation,but do not relate to the company's primary business activities.

Question 3

Which transmission method ensures that transactions traveling over the Internet are legitimate as well as secure?

Accepted Answer

A) Shared Fusion Connectivity (SF
C)  
B) Secure Sockets Layer (SSL) 
C) Financial Electronic Data Interchange (FEDI) 
D) Secure Electronic Transactions (SET) 
A) Shared Fusion Connectivity (SF
C)  
B) Secure Sockets Layer (SSL) 
C) Financial Electronic Data Interchange (FEDI) 
D) Secure Electronic Transactions (SET) D

Question 4

_____ is a B2B service that offers information-sharing intermediary services between organizations based on various standards regarding the format of the information and how it will be sent and received.

Accepted Answer

A) Global eXchange services (GXS) 
B) Value-added network (VAN) 
C) Electronic data interchange (EDI) 
D) E-Business Financial Exchange (EBF
E)  
A) Global eXchange services (GXS) 
B) Value-added network (VAN) 
C) Electronic data interchange (EDI) 
D) E-Business Financial Exchange (EBF
E)

Question 5

Which type of e-commerce occurs when a business sells products and services to customers who are primarily individuals?

Accepted Answer

A) B2B 
B) B2C 
C) G2C 
D) C2B 
A) B2B 
B) B2C 
C) G2C 
D) C2B

Question 6

What financial tool contains both security software and information about the user's payment and delivery preferences?

Accepted Answer

A) Cybermediary 
B) Smart cards 
C) E-Payments 
D) Digital wallets 
A) Cybermediary 
B) Smart cards 
C) E-Payments 
D) Digital wallets

Question 7

A(n)_____ combines software (to provide for a secure transaction),payment information and deliver information.

Accepted Answer

digital wallet
Explanation: A digital wa

Question 8

Which of the following is an electronic marketplace that connects buyers and sellers across many industries,primarily for MRO materials?

Accepted Answer

A) Horizontal e-marketplace 
B) Vertical e-marketplace 
C) Reverse auctions marketplace 
D) Direct marketplace 
A) Horizontal e-marketplace 
B) Vertical e-marketplace 
C) Reverse auctions marketplace 
D) Direct marketplace

Question 9

B2G e-commerce occurs when a government entity sells products and services to businesses.

Accepted Answer

A) True 
 B)False

Question 10

What is the major difference between B2B and B2C e-commerce?

Accepted Answer

A) Customers interact freely in a B2B marketplace;they do not in a B2C marketplace. 
B) Consumers are fickle in a B2B marketplace;long time relationships are established between the consumer and its business partner in B2C e-commerce. 
C) Interaction between consumers and businesses are direct in the B2B market;they are indirect in the B2C market. 
D) The B2B marketplace does not involve consumers,just business partners;the B2C marketplace involves consumers. 
A) Customers interact freely in a B2B marketplace;they do not in a B2C marketplace. 
B) Consumers are fickle in a B2B marketplace;long time relationships are established between the consumer and its business partner in B2C e-commerce. 
C) Interaction between consumers and businesses are direct in the B2B market;they are indirect in the B2C market. 
D) The B2B marketplace does not involve consumers,just business partners;the B2C marketplace involves consumers.

Question 11

_____ e-commerce occurs when a government entity sells products and services to a business.

Accepted Answer

Government to business (G2B
Ex

Question 12

_____ is a broad general term describing your ability to use technology to wirelessly connect to and use centrally located information and/or application software.

Accepted Answer

Mobile computing
Explanation: Mobile com

Question 13

_____ is used primarily in B2B to pay for purchases.

Accepted Answer

Financial electronic data interchange
Ex

Question 14

If you were a seller on the Internet and you wanted to ensure that your buyer's transaction information was correct and legitimate,what type of Web environment would you need?

Accepted Answer

A) Shared Fusion Connectivity (SF
C)  
B) Secure Sockets Layer (SSL) 
C) Financial Electronic Data Interchange (FEDI) 
D) Secure Electronic Transactions (SET) 
A) Shared Fusion Connectivity (SF
C)  
B) Secure Sockets Layer (SSL) 
C) Financial Electronic Data Interchange (FEDI) 
D) Secure Electronic Transactions (SET)

Question 15

For a consumer,a digital product is the same no matter where it is purchased.

Accepted Answer

A) True 
 B)False

Question 16

_____ e-commerce occurs when an individual sells products and services to another individual.

Accepted Answer

Consumer to consumer (C2C
Expl

Question 17

What term is used to describe an ad that appears after you close your current browser window?

Accepted Answer

A) AdWare 
B) Viral ads 
C) External ads 
D) Pop-under ads 
A) AdWare 
B) Viral ads 
C) External ads 
D) Pop-under ads

Question 18

A reverse auction occurs when a seller posts a list of items for sale and then accepts bids from interested buyers.

Accepted Answer

A) True 
 B)False

Question 19

B2B e-marketplaces are virtual marketplaces in which businesses buy from and sell products to each other.

Accepted Answer

A) True 
 B)False

Question 20

Google allows publishers at all levels of web traffic to place contextual ads in blog posts.Hence,Google is a(n)_____ program.

Accepted Answer

A) affiliate 
B) wiki 
C) conversion 
D) pop-under 
A) affiliate 
B) wiki 
C) conversion 
D) pop-under

Exam 5: Electronic Commerce: Strategies for the New Economy

Which type of digital wallet maintains your e-commerce information on your computer?

_____ materials used in the normal operation of a business but not related to primary business operations.

Which transmission method ensures that transactions traveling over the Internet are legitimate as well as secure?

_____ is a B2B service that offers information-sharing intermediary services between organizations based on various standards regarding the format of the information and how it will be sent and received.

Which type of e-commerce occurs when a business sells products and services to customers who are primarily individuals?

What financial tool contains both security software and information about the user's payment and delivery preferences?

A(n)_____ combines software (to provide for a secure transaction),payment information and deliver information.

Which of the following is an electronic marketplace that connects buyers and sellers across many industries,primarily for MRO materials?

B2G e-commerce occurs when a government entity sells products and services to businesses.

What is the major difference between B2B and B2C e-commerce?

_____ e-commerce occurs when a government entity sells products and services to a business.

_____ is a broad general term describing your ability to use technology to wirelessly connect to and use centrally located information and/or application software.

_____ is used primarily in B2B to pay for purchases.

If you were a seller on the Internet and you wanted to ensure that your buyer's transaction information was correct and legitimate,what type of Web environment would you need?

For a consumer,a digital product is the same no matter where it is purchased.

_____ e-commerce occurs when an individual sells products and services to another individual.

What term is used to describe an ad that appears after you close your current browser window?

A reverse auction occurs when a seller posts a list of items for sale and then accepts bids from interested buyers.

B2B e-marketplaces are virtual marketplaces in which businesses buy from and sell products to each other.

Google allows publishers at all levels of web traffic to place contextual ads in blog posts.Hence,Google is a(n)_____ program.

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Major Business Initiatives: Gaining Competitive Advantage With It

Databases and Data Warehouses: Supporting the Analytics-Driven Organization

Analytics, Decision Support, and Artificial Intelligence: Brain-Power for Your Business

Systems Development: Phases, Tools, and Techniques

Infrastructure, Cloud Computing, Metrics, and Business Continuity Planning: Building and Sustaining the Dynamic Enterprise

Protecting People and Information: Threats and Safeguards

Emerging Trends and Technologies: Business, People, and Technology Tomorrow

Computer Hardware and Software

The World Wide Web and the Internet

Designing Databases and Entity-Relationship Diagramming

Decision Analysis With Spreadsheet Software

Network Basics

Building a Web Page With Html

Object-Oriented Technologies

Computer Crime and Digital Forensics

Building an E-Portfolio

Implementing a Database With Microsoft Access

Careers in Business

Building Web Sites With Front-page

Programming in Excel With VBA

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