Question 1

________ are audio files that enable companies to deliver audio-specific content,including music,speeches,radio-style presentations,and more.

Accepted Answer

A) Blogs 
B) Mashups 
C) Podcasts 
D) Wikis

Question 2

________ provides customers with exactly what they want,when and where they want it.Effective communication between the supply chain and the factory floor is needed to make it happen.

Accepted Answer

A) Build-to-order manufacturing 
B) Demand-driven manufacturing 
C) Real-time manufacturing 
D) Virtual manufacturing

Question 3

Human or electronic intermediaries attempt to reduce each of the following limitations of direct interaction except:

Accepted Answer

A) search costs 
B) lack of privacy 
C) contract risk 
D) product distribution

Question 4

Traditional and electronic markets have three main functions,which include each of the following except:

Accepted Answer

A) matching buyers and sellers 
B) facilitating the exchange,purchase or transfer of information,goods,services,and payments associated with transactions 
C) financing the transformation of raw materials into finished products 
D) providing an institutional infrastructure,such as a legal and regulatory framework that enables the efficient functioning of the market

Question 5

________ is a method that enables manufacturers to create specific products for each customer based on the customer's exact needs.

Accepted Answer

The answer of ________ is a method that enables manufacturers...

Question 6

An auction in which there is one buyer and many potential sellers or in which a buyer places an item for bid on an RFQ system and the lowest bid wins is referred to as all of the following except:

Accepted Answer

A) forward auctions 
B) reverse auctions 
C) bidding auction system 
D) tendering system

Question 7

________ are electronic intermediaries that provide and/or control information flow in cyberspace,often bundling information and then selling it to others.

Accepted Answer

The answer of ________ are electronic intermediaries that provide and/or...

Question 8

________ have become more and more active in politics.

Accepted Answer

The answer of ________ have become more and more active...

Question 9

Employees may waste time trying to find relevant and accurate information if they have to access multiple information systems.The best solution to this problem is the use of ________.

Accepted Answer

A) Web portals 
B) intermediaries 
C) browsers 
D) intranets

Question 10

Eastern Mountain Sports introduced ________ tools in order to increase collaboration,information sharing,and communication among stores and their employees,suppliers,and customers.

Accepted Answer

A) business intelligence 
B) B2B 
C) B2C 
D) Web 2.0

Question 11

Which of the following statements does not describe bartering?

Accepted Answer

A) It is the oldest method of trade. 
B) It is primarily done between private parties. 
C) The problem with bartering is that it is difficult to find trading partners. 
D) Intermediaries can be helpful,but they are expensive and very slow.

Question 12

The major limitations of e-auctions are insufficient security,risk of fraud,and a limited pool of participants.

Accepted Answer

A) True 
 B)False

Question 13

When prices are negotiated or discounted,as in auctions or stock markets,that pricing mode is called ________.

Accepted Answer

A) dynamic pricing 
B) commodity pricing 
C) pre-shopping 
D) negotiation

Question 14

________ tools are used to tailor a product,service,or Web content to specific user preferences.

Accepted Answer

The answer of ________ tools are used to tailor a...

Question 15

A type of broker that helps consumers compare different stores is a ________.

Accepted Answer

A) remediator 
B) search engine 
C) shopping facilitator 
D) virtual mall

Question 16

Trackbacks,pings,and RSS feeds are some of the features that distinguish ________ from regular Web pages.

Accepted Answer

The answer of Trackbacks,pings,and RSS feeds are some of the...

Question 17

Which is not one of the seven principles for building effective blogs?

Accepted Answer

A) Set up the blog so that each post gets its own permanent URL. 
B) Blog frequently and create at least half a dozen posts every weekday. 
C) Focus on a broad topic to appeal to a large audience. 
D) Make friends with other bloggers,online and off.

Question 18

WebMD,which is the largest U.S.medical services company,is known mainly for its webmd.com consumer portal,but its core business is being an e-intermediary.

Accepted Answer

A) True 
 B)False

Question 19

In marketing,an intermediary is a third party that operates between sellers and buyers.Intermediaries of all kinds offer their services on the Web.

Accepted Answer

A) True 
 B)False

Question 20

An electronic storefront includes several mechanisms to help sales and sales transactions.The most common mechanisms include all of the following except:

Accepted Answer

A) electronic catalog 
B) search engine 
C) supply chain 
D) payment gateway

Exam 2: E-Marketplaces: Mechanisms, tools, and Impacts of E-Commerce

________ are audio files that enable companies to deliver audio-specific content,including music,speeches,radio-style presentations,and more.

________ provides customers with exactly what they want,when and where they want it.Effective communication between the supply chain and the factory floor is needed to make it happen.

Human or electronic intermediaries attempt to reduce each of the following limitations of direct interaction except:

Traditional and electronic markets have three main functions,which include each of the following except:

________ is a method that enables manufacturers to create specific products for each customer based on the customer's exact needs.

An auction in which there is one buyer and many potential sellers or in which a buyer places an item for bid on an RFQ system and the lowest bid wins is referred to as all of the following except:

________ are electronic intermediaries that provide and/or control information flow in cyberspace,often bundling information and then selling it to others.

________ have become more and more active in politics.

Employees may waste time trying to find relevant and accurate information if they have to access multiple information systems.The best solution to this problem is the use of ________.

Eastern Mountain Sports introduced ________ tools in order to increase collaboration,information sharing,and communication among stores and their employees,suppliers,and customers.

Which of the following statements does not describe bartering?

The major limitations of e-auctions are insufficient security,risk of fraud,and a limited pool of participants.

When prices are negotiated or discounted,as in auctions or stock markets,that pricing mode is called ________.

________ tools are used to tailor a product,service,or Web content to specific user preferences.

A type of broker that helps consumers compare different stores is a ________.

Trackbacks,pings,and RSS feeds are some of the features that distinguish ________ from regular Web pages.

Which is not one of the seven principles for building effective blogs?

WebMD,which is the largest U.S.medical services company,is known mainly for its webmd.com consumer portal,but its core business is being an e-intermediary.

In marketing,an intermediary is a third party that operates between sellers and buyers.Intermediaries of all kinds offer their services on the Web.

An electronic storefront includes several mechanisms to help sales and sales transactions.The most common mechanisms include all of the following except: