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77 Cards in this Set
- Front
- Back
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Which of the following is not a major trend in online retail for 2016-2017 |
The number of online buyers begins to plateau |
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The MOTO sector of the retail industry is most like the ____ sector |
Online retail sales |
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Which of the following is nkt one of the seven major segments of the retail industry |
Electronics and computing |
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All of the following statements about the MOTO sector are true except: |
The MOTO sector is also referred to as the specialty store sector |
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All of the following factors that precipitated the growth of MOTO expect |
The growth of the cellular phone industry |
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All the following were parts of the vision during the early days of ecommerce except the belief that |
New "first mover" middlemen, with expertise in ecommerce would force traditional intermidataries out of business |
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All of the following have launched trails of buy buttons except |
Tumblr |
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In 2016 approximately what percentage of internet users over the age of 14 made a purchase at an online retail store |
77% |
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Which of the following categories generates the highest % of online retail revenue |
Apparel and accessories |
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All of the following are adv. of online Retail expect |
Faster delivery of goods |
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Which of the following is not one of the central challenges facing the online retail industry |
Lack of pyshical store presence |
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Which of the following is not one of the methods used by traditional retailers to develop Omni channel integrarion |
Online supply push |
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Which of the following statements is not true about the automobile and automobile parts and accessories online retail category |
Most of the revenue in this category is generated from the sales of automobile |
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Approx _____ retailers generate the 90% of all retail ecommerce sales |
1000 |
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Which of the following had the highest online sales revenue in 2015 |
Walmart |
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Which of the following is not a key industry strategic factor |
Synergies |
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All of the following are strategic factors that pertain specifically to a firm and its related business expect |
Power of customers |
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The lower the _____ compared to revenue, the higher the gross profit |
Cost of sales |
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Gross margin is defined as gross profit |
Divided by net sales revenue |
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Which of the following is not catorgirzed as an operating expense |
The cost of products being sold |
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Operating margin is defined as |
Operating income or loss divided by net sales revenues |
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What is anthor name for pro forms earnings |
Earnings before income taxes,depreciation, and amortization |
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Which of the following would not be considered a current asset |
Long term investments |
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Current liabilities are debts of the firm that will be due within |
One year |
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For a quick check of a firms short term finiancial health examine its |
Working capital |
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________ measures the percentage of sales revenue a firm after all expenses are deducted from gross revenues. |
Net margkn |
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Which of the following provides a financial snapshot of a company's assets and liabilities On a given date |
Balance sheet |
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Which of the following is not an example of a virtual merchant |
Dell |
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Omni channel merchants are also referred to as |
Bricks and clicks companies |
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Which of the following is a subscription based retailer using predictive marketing and big data |
Birchbox |
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Virtual merchants face potentially costs for all of the following except |
Building and maintaining pysxhial stores |
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All of the following statements about amazing are true except |
Amazon failed to show profit in 2015 |
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All the following are challenges faced by bricks and clicks firms except |
Building a Brand |
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All of the following are challenges for catalog merchants except |
Building sophisticated order entry and fullfillment systems |
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The term supply push refers to |
Making products prior to orders being based on estimated demand |
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All of the following are examples of the challenges the traditional manu exp. when using the internet to sell directly to the consumer except |
High cost structures |
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Which of the following occurs when retailers of products must compete on price and currency of inventory directly against the manufacturer |
Channel conflict |
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Which of the following has the highest share of online retail sales |
Virtual merchants |
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Which of the following has the second highest share of online retail sales |
Omni channel merchants |
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In the United States the service sector accounts for approximately ____% of the United States |
80 |
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All of the following statements about the online real estate services are true except |
The internet and ecommerce have created sig disintermediation in the real estate market |
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Craigslist is a player in which of the following onljne services markets |
Real estate service and career services |
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Which of the following has introduced a tool known as a consumer alerts to inform readers when a review is likely to be fraudulent |
Yelp |
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What is the larger sector of the online travel services market in terms of revenue |
Airline reservations |
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Which of the following statement is not true |
Online travel services are one of the few sectors in which exstensive disintermediation has occurred |
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Expedia owns all of the following except |
TripAdvisor |
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Front (Term) Which of the following in not a major trend in the online recruitment services industry |
Back (Definition) Disintermediation |
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Which of the following is not true about on demand service |
On demand service firms are totally new phenomenon witgout precisedent in the history of e commerce |
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_____ is an on demand service company focused on lodging |
Air bnb |
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Service industry groups are categorized generally into two groups, those that provide transaction brokering and those that involve |
Hands on services |
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Approx. ____% of the United States labor force is involved in providing service |
80% |
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Which of the following is not an example of a transaction brokern |
An accountant |
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All the following service require extensive personalization except |
Financial services |
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Which of the following best explains why the service sector is a natural avenue for ecommerce |
Much of the value in a service is based on the collection storage and exchange of informationn |
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Which of the following statements about online banking is not true |
More people use a tablet for mobile banking than a mobile phone |
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In___ all the customers financial (and non financial) data are pulled toghtter at a single personilzaed website |
Account aggregation |
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The internet has resulted in lower costs, increased price comparison, and lower prices to consumers for which insurance product line |
Term life insurance |
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All of the following statements about the online insurance industry are true except: |
The internet has dramatically changed the insurance industry's value chain |
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|
In the United States the service sector accounts for approximately ____% of the United States |
80 |
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|
All of the following statements about the online real estate services are true except |
The internet and ecommerce have created sig disintermediation in the real estate market |
|
|
Craigslist is a player in which of the following onljne services markets |
Real estate service and career services |
|
|
Which of the following has introduced a tool known as a consumer alerts to inform readers when a review is likely to be fraudulent |
Yelp |
|
|
What is the larger sector of the online travel services market in terms of revenue |
Airline reservations |
|
|
Which of the following statement is not true |
Online travel services are one of the few sectors in which exstensive disintermediation has occurred |
|
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Expedia owns all of the following except |
TripAdvisor |
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Front (Term) Which of the following in not a major trend in the online recruitment services industry |
Back (Definition) Disintermediation |
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Which of the following is not true about on demand service |
On demand service firms are totally new phenomenon witgout precisedent in the history of e commerce |
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|
_____ is an on demand service company focused on lodging |
Air bnb |
|
|
Service industry groups are categorized generally into two groups, those that provide transaction brokering and those that involve |
Hands on services |
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|
Approx. ____% of the United States labor force is involved in providing service |
80% |
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Which of the following is not an example of a transaction brokern |
An accountant |
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All the following service require extensive personalization except |
Financial services |
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Which of the following best explains why the service sector is a natural avenue for ecommerce |
Much of the value in a service is based on the collection storage and exchange of informationn |
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Which of the following statements about online banking is not true |
More people use a tablet for mobile banking than a mobile phone |
|
|
In___ all the customers financial (and non financial) data are pulled toghtter at a single personilzaed website |
Account aggregation |
|
|
The internet has resulted in lower costs, increased price comparison, and lower prices to consumers for which insurance product line |
Term life insurance |
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All of the following statements about the online insurance industry are true except: |
The internet has dramatically changed the insurance industry's value chain |
