Question 1

A _____________ is the right to use but not distribute software .

Accepted Answer

A) copyright 
B) patent 
C) intellectual property 
D) open source 
A) copyright 
B) patent 
C) intellectual property 
D) open source

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

____________ exchanges connect buyers and sellers in a given industry.

Accepted Answer

A) Functional 
B) Horizontal 
C) Mixed 
D) Vertical 
A) Functional 
B) Horizontal 
C) Mixed 
D) Vertical

Question 4

In a reverse auction, the __________ bidder wins.

Accepted Answer

A) lowest 
B) highest 
C) neutral 
D) nobody wins since this auction type doesn't exist 
A) lowest 
B) highest 
C) neutral 
D) nobody wins since this auction type doesn't exist

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

_____ 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 7

___________ marketing encourages receivers to send information about products/services to their friends.

Accepted Answer

A) Affiliate 
B) Electronic 
C) Group 
D) Viral 
A) Affiliate 
B) Electronic 
C) Group 
D) Viral

Question 8

E-commerce is a broader definition of e-business.

Accepted Answer

A) True 
 B)False

Question 9

Virtual banks are those banks that are dedicated only to Internet transactions.

Accepted Answer

A) True 
 B)False

Question 10

______ 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 11

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 these 
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 these

Question 12

_____ 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 13

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 14

Visiting the Web site of a car manufacturer (e.g., HYPERLINK "http://www.gm.com" www.gm.com), entering the specifications for the car you want, and then picking up your car at your local dealership is an example of partial electronic commerce.

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

In traditional commerce, one or more of the following can be digital: the product or service, the process, and the delivery agent.

Accepted Answer

A) True 
 B)False

Question 17

____________ is when steps are added to the value chain as new players find ways to add value to the business process.

Accepted Answer

A) Cybermediation 
B) Disintermediation 
C) Intermediation 
D) Reintermediation 
A) Cybermediation 
B) Disintermediation 
C) Intermediation 
D) Reintermediation

Question 18

In _____ auctions, there is one buyer who wants to buy a product. Suppliers submit bids, and the lowest bid wins.

Accepted Answer

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

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Selling luxury items online is as easy as selling books and DVDs.

Accepted Answer

A) True 
 B)False

A _____________ is the right to use but not distribute software .

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

____________ exchanges connect buyers and sellers in a given industry.

In a reverse auction, the __________ bidder wins.

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

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

___________ marketing encourages receivers to send information about products/services to their friends.

E-commerce is a broader definition of e-business.

Virtual banks are those banks that are dedicated only to Internet transactions.

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

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

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

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

Visiting the Web site of a car manufacturer (e.g., HYPERLINK "http://www.gm.com" www.gm.com), entering the specifications for the car you want, and then picking up your car at your local dealership is an example of partial electronic commerce.

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

In traditional commerce, one or more of the following can be digital: the product or service, the process, and the delivery agent.

____________ is when steps are added to the value chain as new players find ways to add value to the business process.

In _____ auctions, there is one buyer who wants to buy a product. Suppliers submit bids, and the lowest bid wins.

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

Selling luxury items online is as easy as selling books and DVDs.

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Data and Knowledge Management

Networks

Wireless, Mobile Computing, and Mobile Commerce

Web 2.0 and Social Networks

Information Systems Within the Organization

Customer Relationship Management and Supply Chain Management

Business Intelligence

Acquiring Information Systems and Applications

Ethics and Privacy

Information Security

Tech Guide 1: Hardware

Tech Guide 2: Software

Tech Guide 3: Emerging types of enterprise computing

Tech Guide 4: Intelligent Systems

Tech Guide 5: Protecting your information assets

Filters

Exam 5: E-Business and E-Commerce

A _____________ is the right to use but not distribute software .

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

____________ exchanges connect buyers and sellers in a given industry.

In a reverse auction, the __________ bidder wins.

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

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

___________ marketing encourages receivers to send information about products/services to their friends.

E-commerce is a broader definition of e-business.

Virtual banks are those banks that are dedicated only to Internet transactions.

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

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

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

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

Visiting the Web site of a car manufacturer (e.g., HYPERLINK "http://www.gm.com" www.gm.com), entering the specifications for the car you want, and then picking up your car at your local dealership is an example of partial electronic commerce.

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

In traditional commerce, one or more of the following can be digital: the product or service, the process, and the delivery agent.

____________ is when steps are added to the value chain as new players find ways to add value to the business process.

In _____ auctions, there is one buyer who wants to buy a product. Suppliers submit bids, and the lowest bid wins.

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

Selling luxury items online is as easy as selling books and DVDs.

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Data and Knowledge Management

Networks

Wireless, Mobile Computing, and Mobile Commerce

Web 2.0 and Social Networks

Information Systems Within the Organization

Customer Relationship Management and Supply Chain Management

Business Intelligence

Acquiring Information Systems and Applications

Ethics and Privacy

Information Security

Tech Guide 1: Hardware

Tech Guide 2: Software

Tech Guide 3: Emerging types of enterprise computing

Tech Guide 4: Intelligent Systems

Tech Guide 5: Protecting your information assets

Filters