eCommerce Exam 1 Chapter 1 T/F
B2B e-commerce is the largest type of e-commerce.
TRUE
E-commerce and e-business systems blur together at the business firm boundary, where internal business systems link up with suppliers or customers.
TRUE
E-commerce technologies provide a unique, many-to-many model of mass communication.
TRUE
Personalization involves targeting marketing messages to specific individuals by adjusting the message based upon a consumer's preferences or past purchasing behavior.
TRUE
The Internet is a worldwide system of computer networks.
TRUE
The Reinvention period of e-commerce is as much a sociological phenomenon as it is a technological or business phenomenon.
TRUE
The fact that e-commerce is conducted based on universal standards decreases search costs for consumers.
TRUE
The emergence of mobile, social, and local e-commerce occurred during the Consolidation period of e-commerce.
FALSE
The term e-commerce refers to the digital enabling of business processes both inside and outside the firm.
FALSE
Ubiquity increases the cognitive energy required to transact in a marketspace.
FALSE
Universal standards make price discovery more costly, slower, and less accurate.
FALSE
Retail e-commerce in the United States is not expected to continue growing at double-digit growth rates in 2018-2019
FALSE
The Internet has shown similar growth patterns as other electronic technologies of the past.
FALSE
Price dispersion has been eliminated in e-commerce
FALSE
Price transparency refers to the ease with which consumers can find out what merchants pay for products.Price transparency refers to the ease with which consumers can find out what merchants pay for products.
FALSE
