Cwu Mis Chp 7

Front 1

Which of the following isnot an effect that E-commerce has had on organizations?


a) E-commerceenables smaller businesses to operate in areas dominated by larger companies.


b) E-commerce increases the number of potential customersto whom the company can market its products.


c)E-commerce is a costly medium for increasing market share.


d) E-commerce removes many barriers for start-upbusinesses.


e) E-commerce makes it easy toreach customers around the world.

Back 1

E-commerce is a costly medium for increasing marketshare

Front 2

_____, which is a broaderconcept than _____, is the buying and selling of goods and services, as well asservicing customers, collaborating with business partners, and performingtransactions within an organization.

Back 2

Electronic Commerce, electronic business

Front 3

The degree of digitization relates to allof the following except:

a) the product or service sold


b)the process by which the product is produced
c) the delivery agent orintermediary


d) the size of e-commerce transactions

e) none of these

Back 3

D) the size of e- commerce transaction

Front 4

_____ auctions employ arequest for quotation

Back 4

reverse

Front 5

In which of the followingbusiness models do businesses request quotes from suppliers and use B2B with areverse auction mechanism

Back 5

Electronic tendering system

Front 6

Which type of electroniccommerce does Amazon practice?

Back 6

business to consumer

Front 7

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

You can buy from home 24 hours per day, 7 days per week.

You have a wider variety of products to choose from.

You typically cannot access additional information, so you do not have information overload.

You can easily compare prices and features. You can find unique items.

Back 7

- you typically cannot accessadditional information, so you do not have information overload.

Front 8

________ is the processwhereby a fully automated electronic commerce transaction eliminates middlemen.

Back 8

disintermediation

Front 9

Internet advertisingimproves on traditional advertising in all of the following ways except:

Internet ads can be updated at any time at minimal cost.

Internet ads can reach large numbers of potential buyers all over the world.

Internet ads are always more effective than other types of advertising.

Internet ads can make effective use of multimedia.

Internet ads are current.

Back 9

Internetads are always more effective than other types of advertising.

Front 10

_____ refers to onlineword-of-mouth marketing.

Back 10

viral marketing

Front 11

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

Back 11

buy-side

Front 12

In the _____ B2Bapplication, the orders of many buyers are aggregated so that they comprise alarge volume, in order to merit more seller attention.

Back 12

Group purchasing

Front 13

In _____, direct andindirect materials in one industry are purchased on an as-needed basis.

Back 13

vertical exchanges

Front 14

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

Back 14

Horizontal exchanges

Front 15

All of the following arelimitations of traditional payment methods in electronic commerce except:

Cash cannot be used because there is no face-to-face contact.

Paying for goods and services via the mail takes more time.

Not all organizations accept credit cards.

It is more secure for the buyer to use the telephone than to complete a secure transaction on a computer.

None of the above

Back 15

It is more secure for the buyer to use the telephone than to complete a secure transaction on a computer

Front 16

_____ are a payment mechanismthat are similar to regular bank checks but are transmitted electronically,with a signature in digital form.

Back 16

Stored- value money cards

Front 17

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

Back 17

Smart cards

Front 18

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

Back 18

Cybersquatting

Front 19

Companies use Web sitesfor all of the following reasons except:

a) To reduce operational andtransaction costs. 
b) To enhance their reputation. 


c) To sell goods andservices.


d) To reduce the amount of actual cash they need to deal with.


e) Toinduce people to visit a physical location.

Back 19

D) to reduce the amount of actual cash they need to deal with