Question 1

Refer to IT's About Business 7.3: Selling luxury items online is as easy as selling books and DVDs.

Accepted Answer

A) True 
 B)False

Question 2

Discuss the benefits and limitations of electronic commerce.

Accepted Answer

Electronic commerce, or e-commerce, offe

Question 3

Cyberbanking offers all of the following advantages except:

Accepted Answer

A)  It is convenient for customers. 
B)  It saves time for customers. 
C)  It includes inexpensive transactions for the bank. 
D)  It can help recruit remote customers. 
E)  It is more expensive for the customer. 
A)  It is convenient for customers. 
B)  It saves time for customers. 
C)  It includes inexpensive transactions for the bank. 
D)  It can help recruit remote customers. 
E)  It is more expensive for the customer.

Question 4

Discuss the following electronic commerce business models and give examples of each type: online direct marketing, electronic tendering system, name-your-own-price, find-the-best-price, affiliate marketing, and viral marketing.

Accepted Answer

Electronic commerce business models have

Question 5

Which of the following statements regarding the relationship between electronic commerce and search is not correct?

Accepted Answer

A)  Purchases often follow successful online searches. 
B)  Shopping carts are often abandoned after unsuccessful online searches. 
C)  Retailers will provide fewer product details to avoid information overload for customers. 
D)  Customers will be able to find the closest store offering the product that they want. 
E)  Customers will have more relevant product information in the near future. 
A)  Purchases often follow successful online searches. 
B)  Shopping carts are often abandoned after unsuccessful online searches. 
C)  Retailers will provide fewer product details to avoid information overload for customers. 
D)  Customers will be able to find the closest store offering the product that they want. 
E)  Customers will have more relevant product information in the near future.

Question 6

Which of the following is a problem that e-commerce can cause for the airline industry?

Accepted Answer

A)  Too many fares 
B)  Mistakes in fares 
C)  Too few fares 
D)  No fares offered on certain routes 
E)  Too many fares offered on certain routes 
A)  Too many fares 
B)  Mistakes in fares 
C)  Too few fares 
D)  No fares offered on certain routes 
E)  Too many fares offered on certain routes

Question 7

The degree of digitization relates to all of the following except:

Accepted Answer

A)  the product or service sold 
B)  the process by which the product is produced 
C)  the delivery agent or intermediary 
D)  the size of e-commerce transactions 
E)  none of the above 
A)  the product or service sold 
B)  the process by which the product is produced 
C)  the delivery agent or intermediary 
D)  the size of e-commerce transactions 
E)  none of the above

Question 8

_____ refers to online word-of-mouth marketing.

Accepted Answer

A)  Permission marketing 
B)  One-to-one marketing 
C)  Personalized marketing 
D)  Viral marketing 
E)  Direct mail 
A)  Permission marketing 
B)  One-to-one marketing 
C)  Personalized marketing 
D)  Viral marketing 
E)  Direct mail

Question 9

Describe the various types of electronic payments.

Accepted Answer

Electronic payments refer to any form of

Question 10

_____ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

Accepted Answer

A)  Electronic checks 
B)  Electronic credit cards 
C)  Electronic cash transactions 
D)  Electronic wallets 
E)  Electronic debit cards 
A)  Electronic checks 
B)  Electronic credit cards 
C)  Electronic cash transactions 
D)  Electronic wallets 
E)  Electronic debit cards

Question 11

_____, which is a broader concept than _____, is the buying and selling of goods and services, as well as servicing customers, collaborating with business partners, and performing transactions within an organization.

Accepted Answer

A)  Business-to-business electronic commerce, business-to-customer electronic commerce 
B)  Electronic commerce, electronic business 
C)  Business-to-customer electronic commerce, business-to-business electronic commerce 
D)  Business-to-business electronic commerce, intrabusiness electronic commerce 
E)  Electronic business, electronic commerce 
A)  Business-to-business electronic commerce, business-to-customer electronic commerce 
B)  Electronic commerce, electronic business 
C)  Business-to-customer electronic commerce, business-to-business electronic commerce 
D)  Business-to-business electronic commerce, intrabusiness electronic commerce 
E)  Electronic business, electronic commerce

Question 12

Companies use Web sites for all of the following reasons except:

Accepted Answer

A)  To reduce operational and transaction costs. 
B)  To enhance their reputation. 
C)  To sell goods and services. 
D)  To reduce the amount of actual cash they need to deal with. 
E)  To induce people to visit a physical location. 
A)  To reduce operational and transaction costs. 
B)  To enhance their reputation. 
C)  To sell goods and services. 
D)  To reduce the amount of actual cash they need to deal with. 
E)  To induce people to visit a physical location.

Question 13

What is domain tasting? Should it be made illegal?

Accepted Answer

Domain tasting is the practice of regist

Question 14

In _______ e-commerce, the sellers and buyers are organizations.

Accepted Answer

A)  government-to-citizen 
B)  consumer-to-consumer 
C)  business-to-business 
D)  business-to-consumer 
E)  consumer-to-business 
A)  government-to-citizen 
B)  consumer-to-consumer 
C)  business-to-business 
D)  business-to-consumer 
E)  consumer-to-business

Question 15

Forward auctions are auctions that sellers use as a channel to many potential buyers.

Accepted Answer

A) True 
 B)False

Question 16

eBay uses a _____ auction.

Accepted Answer

A)  forward 
B)  static 
C)  reverse 
D)  physical 
E)  simple 
A)  forward 
B)  static 
C)  reverse 
D)  physical 
E)  simple

Question 17

Discuss the various business-to-consumer applications (e.g., e-tailing, electronic storefronts, electronic malls).

Accepted Answer

Business-to-consumer (B2C) applications

Question 18

Differentiate between forward and reverse auctions.

Accepted Answer

Forward auctions and reverse auctions ar

Question 19

In most cases, traditional payment systems are not effective for electronic commerce.

Accepted Answer

A) True 
 B)False

Question 20

Discuss the various methods of online advertising.

Accepted Answer

Online advertising offers a variety of m

Refer to IT's About Business 7.3: Selling luxury items online is as easy as selling books and DVDs.

Discuss the benefits and limitations of electronic commerce.

Cyberbanking offers all of the following advantages except:

Discuss the following electronic commerce business models and give examples of each type: online direct marketing, electronic tendering system, name-your-own-price, find-the-best-price, affiliate marketing, and viral marketing.

Which of the following statements regarding the relationship between electronic commerce and search is not correct?

Which of the following is a problem that e-commerce can cause for the airline industry?

The degree of digitization relates to all of the following except:

_____ refers to online word-of-mouth marketing.

Describe the various types of electronic payments.

_____ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

_, which is a broader concept than _, is the buying and selling of goods and services, as well as servicing customers, collaborating with business partners, and performing transactions within an organization.

Companies use Web sites for all of the following reasons except:

What is domain tasting? Should it be made illegal?

In _______ e-commerce, the sellers and buyers are organizations.

Forward auctions are auctions that sellers use as a channel to many potential buyers.

eBay uses a _____ auction.

Discuss the various business-to-consumer applications (e.g., e-tailing, electronic storefronts, electronic malls).

Differentiate between forward and reverse auctions.

In most cases, traditional payment systems are not effective for electronic commerce.

Discuss the various methods of online advertising.

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Ethics and Privacy

Information Security and Controls

Data and Knowledge Management

Telecommunications and Networking

Wireless, Mobile Computing, and Mobile Commerce

Social Computing

Information Systems Within the Organization

Customer Relationship Management and Supply Chain Management

Business Intelligence

Acquiring Information Systems and Applications

Technology Guide 1 Hardware

Technology Guide 2 Software

Technology Guide 3 Cloud Computing

Technology Guide 4 Intelligent Systems

Technology Guide 5 Protecting Your Information Assets

Filters

Exam 7: E-Business and E-Commerce

Refer to IT's About Business 7.3: Selling luxury items online is as easy as selling books and DVDs.

Discuss the benefits and limitations of electronic commerce.

Cyberbanking offers all of the following advantages except:

Discuss the following electronic commerce business models and give examples of each type: online direct marketing, electronic tendering system, name-your-own-price, find-the-best-price, affiliate marketing, and viral marketing.

Which of the following statements regarding the relationship between electronic commerce and search is not correct?

Which of the following is a problem that e-commerce can cause for the airline industry?

The degree of digitization relates to all of the following except:

_____ refers to online word-of-mouth marketing.

Describe the various types of electronic payments.

_____ use credit card numbers, transmitted electronically over the Internet, to pay for goods and services. They are either unencrypted or encrypted, with coded data readable by an intermediary between the buyer's and seller's banks.

_____, which is a broader concept than _____, is the buying and selling of goods and services, as well as servicing customers, collaborating with business partners, and performing transactions within an organization.

Companies use Web sites for all of the following reasons except:

What is domain tasting? Should it be made illegal?

In _______ e-commerce, the sellers and buyers are organizations.

Forward auctions are auctions that sellers use as a channel to many potential buyers.

eBay uses a _____ auction.

Discuss the various business-to-consumer applications (e.g., e-tailing, electronic storefronts, electronic malls).

Differentiate between forward and reverse auctions.

In most cases, traditional payment systems are not effective for electronic commerce.

Discuss the various methods of online advertising.

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Ethics and Privacy

Information Security and Controls

Data and Knowledge Management

Telecommunications and Networking

Wireless, Mobile Computing, and Mobile Commerce

Social Computing

Information Systems Within the Organization

Customer Relationship Management and Supply Chain Management

Business Intelligence

Acquiring Information Systems and Applications

Technology Guide 1 Hardware

Technology Guide 2 Software

Technology Guide 3 Cloud Computing

Technology Guide 4 Intelligent Systems

Technology Guide 5 Protecting Your Information Assets

Filters

_, which is a broader concept than _, is the buying and selling of goods and services, as well as servicing customers, collaborating with business partners, and performing transactions within an organization.