E-Business Quiz 1

The year that e-commerce began is

1995

What % of the time did BloomThat discover that customers don't even see the delivery person for an item?

60%

According to the research conducted by Forrester for both Forrester & IBM, what % said that web applications were absolutely critical for companies in order for them to be able to win, serve, and retain customers?

90%

All of the following are examples of Web 2.0 sites and applications except:

Auction Sites

Which of the following is an example of C2C e-commerce?

Craigslist

e-Commerce enjoys the ability to have no boundaries with regard to Geography, Language and Currency. We call this it's ability to have

Global Reach

The feature of e-Commerce that generally describes the concept of literally WAY Too Much Information (TMI) is typically referred to as

Information Density

__________ refers to the complexity and content of a message which includes multiple media formats.

Information Richness

Which of the following describes the basic web policy of large firms during the Invention period?

Maintain a basic, static website depicting the firm's brand.

Which type of e-commerce is distinguished by the type of technology used in the transaction rather than by the nature of the market relationship?

Mobile e-commerce

Which of the following statements is not true?

Overall transactions costs have dropped dramatically

Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?

Richness

BloomThat has the advantage that there is no significant regulatory hurdles to its business unlike other online businesses like AirBnB, Uber and others.

T

E-commerce and e-business systems blur together at the business firm boundary, where internal business systems link up with suppliers and/or customers.

T

E-commerce technologies provide a unique, many-to-many model of mass communication.

T

Personalization involves targeting marketing messages to specific individuals by adjusting the message based upon a consumer's preferences or past purchasing behavior.

T

The Internet is a worldwide system of computer networks.

T

Some examples in the video about how a customer might use the Internet on a typical morning include

checking status of pending deliveries, purchasing items online, paying bills, and online banking

Which of the following features of e-commerce technology allows users to participate in the creation of online content?

social technology

Which of the following refers to the practice of researching a product online before purchasing it at a physical store?

webrooming