E-Commerce Final Review Questions

A ________ business model provides a way for consumers to sell to each other with the help of an online business.

C2C

Which of the following statements is not true?

Overall transaction costs have dropped dramatically

In 2015, roughly ________ million people in the United States accessed the Internet via tablets.

159

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

Craigslist

Business-to-consumer (B2C) e-commerce in the United States:

has grown at double-digit rates between 2010 and 2016.

Above all, e-commerce is a ________

technology driven

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?

(P2P)Peer to Peer

In 2016, there were more than ________ Internet hosts.

1 billion

In which year was e-commerce said to have begun?

1995

In 2015, the world's online population was estimated to be around:

3.1 billion.

In 2016, the world's online population was estimated to be around:

3.3 billion

Which of the following is not true regarding e-commerce today?

the market middlemen dissappeared

All of the following are major social trends in e-commerce in 2016-2017 except for:

the refusal of online retailers to accept taxation of Internet sales.

Which of the following is not a limitation on the growth of B2C e-commerce?

the retrenchment and consolidation of e-commerce into the hands of large established firms

E-commerce can be defined as:

the use of the Internet, the Web, and mobile apps to transact business

Which of the following is not a major business trend in e-commerce in 2016-2017?

the weakening revenues of B2B e-commerce

The size of the B2B market in 2017 was estimated at:

6.7 trillion

In 2016, almost ________ of Americans who access the Internet use a mobile device at least some of the time.

93%

________ is an example of e-business.

Amazon's inventory control system

The early years of e-commerce were driven by all of the following factors except:

An emphasis on exploiting traditional distribution channels.

A(n) ________ provider is a company that offers access to Internet-based software applications to other companies.

Application Service

One of the predictions for the future of e-commerce is that:

E-commerce is expected to grow 10-12 percent/year from 2010-2013

Which of the following statements is not true?

Economists take a purely technical approach to e-commerce.

Digital cash is legal tender that is instantly convertible into other forms of value without the inter-mediation of any third parties.

FALSE

The fact that e-commerce is conducted on the basis of universal standards increases search costs for consumers.

False

Which of the following features of e-commerce technology changes industry structure by lowering barriers to entry, but greatly expands the market at the same time?

Global Reach

Which of the following is an example of B2B e-commerce?

Go2Paper

Which of the following is one of the three primary societal issues related to e-commerce?

Individual Privacy

Which of the following features of e-commerce technology changes industry structure by weakening powerful sales channels, shifting bargaining power to consumers?

Information Density

Which group of companies has profited most, as a whole, from the development of e-commerce?

Internet Infrastructure Companies

Which form of testing compares a control page with one that is very different?

New Concept Test

In general, the key to becoming a successful content provider is to:

Own the content being provided

Which of the following statements about responsive web design RWD is not true?

RWD works best for sites that have complex functionality.

What is the primary business model for an e-distributor?

Sales

Horizontal or general portals primarily generate revenue in all of the following ways except:

Sales of goods

One of the competitive advantages of a B2B service provider is that it can spread the cost of an expensive software system over many users, achieving efficiencies referred to as:

Scale Economies

The business model of e-tailers is quite similar to that of:e-distributors

TRUE

The basic value proposition of community providers is:

They offer a fast, convenient one-stop site where users can focus on their most important concerns and interests.

Which of the following is not true about the use of apps?

Users still spend less time using apps than they do using desktops or mobile websites.

The major technologies used with wireless local area networks are:

Wi-Fi and Bluetooth

The most significant technology that can reduce barriers to Internet access is:

Wireless Web Technology

Which business improvement is associated with the technological development of local area networks and client/server computing?

Workgroup automation. For example, document sharing

Which of the following is not an example of a Web 2.0 application?

Yahoo

All of the following are basic functionality provided by Web servers except:

a shopping cart

During the early years of e-commerce, e-commerce was

a technological success and a mixed business success.

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

auction sites

All of the following are key design principles of responsive web design except?

coding by convention

Which of the following terms is synonymous with e-commerce?

digital commerce

The_________ allows a natural language expression, such as Google.com to represent a numeric IP address.

domain name system

Which of the following is the top concern of Internet users about purchasing online?

inability to see and touch before buying

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

information asymmetry

Which of the following is one of the three primary societal issues related to e-commerce?

intellectual property

Which of the following is not a key element of an elevator pitch?

legal structure

In a(n) ________ business model, Web-based businesses build a digital environment in which buyers and sellers can meet, display products, search for products, and establish prices.

market creator

Which of the following is not a variation of the e-tailer business model?

market creator

All of the following are basic functionality provided by e-commerce merchant server software except?

marketing analytics

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

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

persistence of information asymmetries.

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

proliferation of small online intermediaries reinventing the business processes of larger firms

The total number of users or customers an e-commerce business can obtain is a measure of which of the following?

reach

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

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

social technology

All of the following are considered a precursor to e-commerce except:

the development of the smartphone.

Interactivity in the context of e-commerce provides which of the following functionalities?

the enabling of two-way communication between consumer and merchant

Which of the following is not a characteristic of a perfect competitive market?

the growth of regulatory activity both nationally and internationally.

The financial services, travel services, and job placement services industries use the ________ business model.

transaction broker

E-commerce is available just about everywhere and anytime. This is known as ________.

ubiquity

The key technologies for mobile-commerce are:

Cell phone-based 3G, Wi-Fi and Bluetooth

Rubi on Rails is based on which of the following philosophies?

CoC

Which of the following statements about e-commerce in the United States in 2016 is not true?

Social e-commerce generates more revenue than mobile e-commerce.

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

Strengthening of Intermediaries

Which of the following statements about the Web is not true?

The Web is the technology upon which the Internet is based.

Which of the following was the original "killer app" that made the Internet commercially interesting and extraordinarily popular?

The World Wide Web

Which of the following features of e-commerce technology is related to the concept of network externalities?

universal standards

Which of the following is not a major technology trend in e-commerce in 2016-2017?

Computing and networking component prices increase dramatically.

Which of the following is not a major business trend in e-commerce in 2015-2016?

Small businesses and entrepreneurs are hampered by the rising cost of market entry caused by increased presence of industry giants.

Which of the following is not a major business trend in e-commerce in 2016-2017?

Small businesses and entrepreneurs are hampered by the rising cost of market entry caused by increased presence of industry giants.

Which of the following was the first large-scale digitally enabled transaction system in the B2C arena?

The french minitel