Question 1

______ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary.

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 2

Horizontal exchanges connect buyers and sellers across many industries.

Accepted Answer

A) True 
 B)False

Question 3

The key mechanisms of the _____ marketplace model are forward auctions and electronic catalogs that can be customized for each large buyer.

Accepted Answer

A)  buy-side 
B)  sell-side 
C)  group purchasing 
D)  desktop purchasing 
E)  electronic exchange 
A)  buy-side 
B)  sell-side 
C)  group purchasing 
D)  desktop purchasing 
E)  electronic exchange

Question 4

_____ are software mechanisms that provide security measures and convenience for electronic commerce purchasing.

Accepted Answer

A)  Electronic checks 
B)  Digital wallets 
C)  Purchasing cards 
D)  Smart cards 
E)  Person-to-person payments 
A)  Electronic checks 
B)  Digital wallets 
C)  Purchasing cards 
D)  Smart cards 
E)  Person-to-person payments

Question 5

In the _____ B2B application, the orders of many buyers are aggregated so that they comprise a large volume, in order to merit more seller attention.

Accepted Answer

A)  buy-side 
B)  sell-side 
C)  auctions 
D)  group purchasing 
E)  electronic exchange 
A)  buy-side 
B)  sell-side 
C)  auctions 
D)  group purchasing 
E)  electronic exchange

Question 6

In IT's About Business 7.2, Treat America turned to E-business for all of the following reasons except:

Accepted Answer

A)  The company needed to capture extensive data from each vending machine. 
B)  The company wanted a competitive advantage over competitors that simply raised prices. 
C)  The company's vending machines are unmanned. 
D)  Gas prices are increasing. 
E)  The company's vending machines are open beyond "normal" business hours. 
A)  The company needed to capture extensive data from each vending machine. 
B)  The company wanted a competitive advantage over competitors that simply raised prices. 
C)  The company's vending machines are unmanned. 
D)  Gas prices are increasing. 
E)  The company's vending machines are open beyond "normal" business hours.

Question 7

An electronic storefront is a Web site on the Internet that represents a single store.

Accepted Answer

A) True 
 B)False

Question 8

Discuss the reasons for E-commerce failures.

Accepted Answer

There are several reasons why e-commerce

Question 9

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Accepted Answer

A)  buy-side 
B)  sell-side 
C)  auctions 
D)  group purchasing 
E)  electronic exchange 
A)  buy-side 
B)  sell-side 
C)  auctions 
D)  group purchasing 
E)  electronic exchange

Question 10

_____ connect buyers and sellers across many industries and are used mainly for indirect materials.

Accepted Answer

A)  Horizontal exchanges 
B)  Vertical exchanges 
C)  Buy-side marketplaces 
D)  Functional exchanges 
E)  Sell-side marketplaces 
A)  Horizontal exchanges 
B)  Vertical exchanges 
C)  Buy-side marketplaces 
D)  Functional exchanges 
E)  Sell-side marketplaces

______ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary.

Horizontal exchanges connect buyers and sellers across many industries.

The key mechanisms of the _____ marketplace model are forward auctions and electronic catalogs that can be customized for each large buyer.

_____ are software mechanisms that provide security measures and convenience for electronic commerce purchasing.

In the _____ B2B application, the orders of many buyers are aggregated so that they comprise a large volume, in order to merit more seller attention.

In IT's About Business 7.2, Treat America turned to E-business for all of the following reasons except:

An electronic storefront is a Web site on the Internet that represents a single store.

Discuss the reasons for E-commerce failures.

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

_____ connect buyers and sellers across many industries and are used mainly for indirect materials.

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

______ are a form of e-cash that enable you to store a fixed amount of prepaid money and then spend it as necessary.

Horizontal exchanges connect buyers and sellers across many industries.

The key mechanisms of the _____ marketplace model are forward auctions and electronic catalogs that can be customized for each large buyer.

_____ are software mechanisms that provide security measures and convenience for electronic commerce purchasing.

In the _____ B2B application, the orders of many buyers are aggregated so that they comprise a large volume, in order to merit more seller attention.

In IT's About Business 7.2, Treat America turned to E-business for all of the following reasons except:

An electronic storefront is a Web site on the Internet that represents a single store.

Discuss the reasons for E-commerce failures.

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

_____ connect buyers and sellers across many industries and are used mainly for indirect materials.

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