Question 1

E-commerce affects only businesses that sell products online.

Accepted Answer

A) True 
 B)False

Question 2

Each buyer needs only one e-wallet for all merchants.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is not an electronic commerce application?

Accepted Answer

A)  home banking 
B)  buying stocks 
C)  evaluating an employee 
D)  conducting an auction 
E)  buying real estate 
A)  home banking 
B)  buying stocks 
C)  evaluating an employee 
D)  conducting an auction 
E)  buying real estate

Question 4

Refer to IT's About Business 7.1: Minecraft's founder Markus Persson had to do a great deal of marketing to promote his product.

Accepted Answer

A) True 
 B)False

Question 5

eBay is a good example of business-to-consumer electronic commerce.

Accepted Answer

A) True 
 B)False

Question 6

Selling products such as books and computers on the Internet may reduce vendors' selling costs by 20 to 40 percent, with further reductions being difficult because the products must be delivered physically.

Accepted Answer

A) True 
 B)False

Question 7

The practice of using similar but not identical domain names is called _____.

Accepted Answer

A)  domain spoofing 
B)  domain masquerading 
C)  domain tasting 
D)  cybersquatting 
E)  domain fraud 
A)  domain spoofing 
B)  domain masquerading 
C)  domain tasting 
D)  cybersquatting 
E)  domain fraud

Question 8

In which of the following business models do businesses request quotes from suppliers and use B2B with a reverse auction mechanism?

Accepted Answer

A)  find-the-best-price 
B)  electronic tendering system 
C)  name-your-own-price 
D)  online direct marketing 
E)  affiliate marketing 
A)  find-the-best-price 
B)  electronic tendering system 
C)  name-your-own-price 
D)  online direct marketing 
E)  affiliate marketing

Question 9

The advantages of electronic commerce for consumers include all of the following except:

Accepted Answer

A)  You can buy from home 24 hours per day, 7 days per week. 
B)  You have a wider variety of products to choose from. 
C)  You typically cannot access additional information, so you do not have information overload. 
D)  You can easily compare prices and features. 
E)  You can find unique items. 
A)  You can buy from home 24 hours per day, 7 days per week. 
B)  You have a wider variety of products to choose from. 
C)  You typically cannot access additional information, so you do not have information overload. 
D)  You can easily compare prices and features. 
E)  You can find unique items.

Question 10

Channel conflict occurs when click-and-mortar companies have problems with their regular distributors when they sell directly to customers online.

Accepted Answer

A) True 
 B)False

Question 11

_____ contain a chip that can store information and be used for several purposes.

Accepted Answer

A)  Electronic checks 
B)  Stored-value money cards 
C)  Purchasing cards 
D)  Smart cards 
E)  Person-to-person payments 
A)  Electronic checks 
B)  Stored-value money cards 
C)  Purchasing cards 
D)  Smart cards 
E)  Person-to-person payments

Question 12

You decide to start a landscaping business called Trim Grass. You created a Web site, but it doesn't seem to be attracting any clients. So, you decide to explore advertising on the Web. Which of the following advertising methods probably would not be beneficial?

Accepted Answer

A)  Banner ads 
B)  Pop-up or pop-under ads 
C)  Spamming 
D)  Permission marketing 
E)  Viral marketing 
A)  Banner ads 
B)  Pop-up or pop-under ads 
C)  Spamming 
D)  Permission marketing 
E)  Viral marketing

Question 13

Banners are the most common form of advertisement on the Internet.

Accepted Answer

A) True 
 B)False

Question 14

_____ auctions are the most common auction model for large purchases.

Accepted Answer

A)  Forward 
B)  Static 
C)  Reverse 
D)  Physical 
E)  Simple 
A)  Forward 
B)  Static 
C)  Reverse 
D)  Physical 
E)  Simple

Question 15

The buy-side marketplace is similar to the business-to-consumer model.

Accepted Answer

A) True 
 B)False

Question 16

You decide to start a landscaping business called Trim Grass. One of your services will be to perform fertilizer treatments. You will need to buy a great deal of fertilizer for your many clients. You can use all of the following methods to purchase the fertilizer except:

Accepted Answer

A)  Forward auction 
B)  Reverse auction 
C)  Name your Own Price 
D)  Electronic Marketplace 
E)  Multichanneling 
A)  Forward auction 
B)  Reverse auction 
C)  Name your Own Price 
D)  Electronic Marketplace 
E)  Multichanneling

Question 17

Refer to IT's About Business 7.1: Which of the following is not true about Persson's Minecraft?

Accepted Answer

A)  Persson developed Minecraft on his own. 
B)  Minecraft is played through a Web browser. 
C)  Minecraft is distributed by Apple Co. 
D)  Mojang is a mobile version of Minecraft that will be distributed through app stores. 
E)  Minecraft players build landscapes. 
A)  Persson developed Minecraft on his own. 
B)  Minecraft is played through a Web browser. 
C)  Minecraft is distributed by Apple Co. 
D)  Mojang is a mobile version of Minecraft that will be distributed through app stores. 
E)  Minecraft players build landscapes.

Question 18

Which type of electronic commerce does Amazon practice?

Accepted Answer

A)  business-to-employee 
B)  consumer-to-consumer 
C)  consumer- to-business 
D)  business-to-consumer 
E)  employee-to-business 
A)  business-to-employee 
B)  consumer-to-consumer 
C)  consumer- to-business 
D)  business-to-consumer 
E)  employee-to-business

Question 19

_____ refers to the practice of registering or using domain names for the purpose of profiting from the goodwill or trademark belonging to someone else.

Accepted Answer

A)  Domain spoofing 
B)  Domain masquerading 
C)  Domain tasting 
D)  Cybersquatting 
E)  Domain fraud 
A)  Domain spoofing 
B)  Domain masquerading 
C)  Domain tasting 
D)  Cybersquatting 
E)  Domain fraud

Question 20

Refer to IT's About Business 7.4: The Jockey Club is losing customers to online competition because its Web site does not enable online betting.

Accepted Answer

A) True 
 B)False

E-commerce affects only businesses that sell products online.

Each buyer needs only one e-wallet for all merchants.

Which of the following is not an electronic commerce application?

Refer to IT's About Business 7.1: Minecraft's founder Markus Persson had to do a great deal of marketing to promote his product.

eBay is a good example of business-to-consumer electronic commerce.

Selling products such as books and computers on the Internet may reduce vendors' selling costs by 20 to 40 percent, with further reductions being difficult because the products must be delivered physically.

The practice of using similar but not identical domain names is called _____.

In which of the following business models do businesses request quotes from suppliers and use B2B with a reverse auction mechanism?

The advantages of electronic commerce for consumers include all of the following except:

Channel conflict occurs when click-and-mortar companies have problems with their regular distributors when they sell directly to customers online.

_____ contain a chip that can store information and be used for several purposes.

You decide to start a landscaping business called Trim Grass. You created a Web site, but it doesn't seem to be attracting any clients. So, you decide to explore advertising on the Web. Which of the following advertising methods probably would not be beneficial?

Banners are the most common form of advertisement on the Internet.

_____ auctions are the most common auction model for large purchases.

The buy-side marketplace is similar to the business-to-consumer model.

You decide to start a landscaping business called Trim Grass. One of your services will be to perform fertilizer treatments. You will need to buy a great deal of fertilizer for your many clients. You can use all of the following methods to purchase the fertilizer except:

Refer to IT's About Business 7.1: Which of the following is not true about Persson's Minecraft?

Which type of electronic commerce does Amazon practice?

_____ refers to the practice of registering or using domain names for the purpose of profiting from the goodwill or trademark belonging to someone else.

Refer to IT's About Business 7.4: The Jockey Club is losing customers to online competition because its Web site does not enable online betting.

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

E-commerce affects only businesses that sell products online.

Each buyer needs only one e-wallet for all merchants.

Which of the following is not an electronic commerce application?

Refer to IT's About Business 7.1: Minecraft's founder Markus Persson had to do a great deal of marketing to promote his product.

eBay is a good example of business-to-consumer electronic commerce.

Selling products such as books and computers on the Internet may reduce vendors' selling costs by 20 to 40 percent, with further reductions being difficult because the products must be delivered physically.

The practice of using similar but not identical domain names is called _____.

In which of the following business models do businesses request quotes from suppliers and use B2B with a reverse auction mechanism?

The advantages of electronic commerce for consumers include all of the following except:

Channel conflict occurs when click-and-mortar companies have problems with their regular distributors when they sell directly to customers online.

_____ contain a chip that can store information and be used for several purposes.

You decide to start a landscaping business called Trim Grass. You created a Web site, but it doesn't seem to be attracting any clients. So, you decide to explore advertising on the Web. Which of the following advertising methods probably would not be beneficial?

Banners are the most common form of advertisement on the Internet.

_____ auctions are the most common auction model for large purchases.

The buy-side marketplace is similar to the business-to-consumer model.

You decide to start a landscaping business called Trim Grass. One of your services will be to perform fertilizer treatments. You will need to buy a great deal of fertilizer for your many clients. You can use all of the following methods to purchase the fertilizer except:

Refer to IT's About Business 7.1: Which of the following is not true about Persson's Minecraft?

Which type of electronic commerce does Amazon practice?

_____ refers to the practice of registering or using domain names for the purpose of profiting from the goodwill or trademark belonging to someone else.

Refer to IT's About Business 7.4: The Jockey Club is losing customers to online competition because its Web site does not enable online betting.

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