E-com Chapter 1

Social e-commerce is the largest type of e-commerce.

FALSE

Price transparency refers to the ability of merchants to segment the market into groups willing to pay different prices.

FAlSE

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

A company's online inventory control process is an example of e-business, as opposed to e-commerce.

TRUE

In 2016, a new Internet investment focused primarily on social networks, mobile platform, and local e-commerce emerged.

TRUE

The fact that e-commerce is conducted on the basis of universal standards decreases market entry costs for merchants.

TRUE

The future of e-commerce will include an increase in regulatory activity both in the United States and worldwide

TRUE

All of the following were visions of e-commerce expressed during the early years of e-commerce except:

fast follower advantage.

Which of the following is not a unique feature of e-commerce technology

global broadcasting

Which of the following is a characteristic of the consolidation phase of e-commerce?

shift to a business-driven approach

E-commerce can be defined as

use of the internet and web to transact business