itm4278 ch 1

In 2014, roughly ________ million people in the United States accessed the Internet via tablets.

147

Which of the following statements is not true that academic disciplines concerned with e-commerce?

Computer scientists are interested in building mathematical models of business process and optimizing these processes.

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

Consumers are more price-sensitive than expected.

Which of the following statements is not true?

Economists take a purely technical approach to e-commerce

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

False

The future of e-commerce is likely to include a decrease in government regulation both in the United States and worldwide.

False

The term e-business refers to the digital enabling of transactions and processes involving an exchange of value across organizational boundaries.

False

Which of the following statements about e-commerce in the United States in 2014 is not true?

Growth rates for retail e-commerce are higher in the United States than in China.

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

It is highly regulated.

Which of the following statements is not true?

Overall transaction costs have dropped dramatically.

Which of the following is not a major business trend in e-commerce in 2014-2015?

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

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 statements about the Web is not true?

The Web was the original "Apple app."

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

The market middlemen disappeared.

Which of the following best describes the early years of e-commerce?

They were a technological success but a mixed business success.

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

True

The online marketplace is characterized by persistent price dispersion.

True

The term e-commerce refers to the digital enabling of transactions and processes involving an exchange of value across organizational boundaries.

True

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 Web sites.

The early years of e-commerce are considered:

a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year.

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

an emphasis on exploiting traditional distribution channels.

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

brand extension and strengthening becomes more important that creating new brands

Which of the following is a characteristic of e-commerce during the Invention period?

disintermediation

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

expansion of e-commerce to include services as well as goods

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

fast follower advantage

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

has grown at double-digit rates between 2010 and 2014.

All of the following are major social trends in e-commerce in 2014-2015 except for:

less spam due to legislation and technology fixes.

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

overall revenues from e-commerce will grow at an annualized rate of about 13% a year through 2018.

All of the following are major social trends in e-commerce in 2014-2015 except for:

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

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

universal standards