E-Commerce

What is the difference between a wiki and a blog?

A wiki user can alter the original content of an article, where a blog user can only add information as a comment.

Which of the following represents the categories for ebusiness models? -email, instant messaging, podcasting, content management systems, and video and Web conferencing -content providers, infomediaries, online marketplaces, portals, service providers, transaction brokers -B2B, B2C, C2C, C2B -advertising fees, license fees, subscription fees, transaction fees, value-added services fees

B2B, B2C, C2C, C2B

Blockchains will reduce which two key costs?

Cost of verifying attributes of a transaction, and cost of exchanging value

What is FALSE about Blockchains: -Executives should buy some bitcoin, and experiment with purchasing inexpensive items on the blockchain to see how it works -Human Resources: Job applicants will not be able to lie about their training or degrees -Executives and accountants will no longer need to attest that their books are in order once a year or every quarter; blockchain will keep a company's books in order, in real time -Executives should buy some bitcoin, and experiment with purchasing inexpensive items on the blockchain to see how it works -Dollar, and all other global currencies, will eventually be eliminated or replaced by cryptocurrencies

Dollar, and all other global currencies, will eventually be eliminated or replaced by cryptocurrencies

The two categories that include intellectual and knowledge-based assets

Explicit and Tacit Knowledge

What is FALSE about Blockchains: -For Legal: Lawyers and other managers will need to become knowledgeable on issues involving the blockchain and smart contracts -To steal anything of value, a thief would have to rewrite its entire history on the blockchain. Collective self-interest ensures the blockchain's safety and reliability. -Blockchains could blow up traditional and centralized models, such as that of the 'corporation', to bits. -For Economists: Blockchains could do away with the entire economy of a country

For Economists: Blockchains could do away with the entire economy of a country

Blockchains can radically change an organizations in many ways, EXCEPT: -For Accounting: It can bring to light off-book transactions and hidden accounts -For Sales: Sellers won't have to incur cost of establishing trust -For Purchasing: They can increase the number of Suppliers -For Legal: Short-term contracts will not be expensive anymore, leading to more short-term contracts

For Purchasing: They can increase the number of Suppliers

What creates the illusion that a large number of potential customers are clicking the advertiser's links, when in fact there is no likelihood that any of the clicks will lead to profit for the advertiser?

Hitbots

Which of the below is NOT a characteristic associated with Mozilla Firefox? -Mozilla Firefox holds over 20% of the Web browser market. -Mozilla Firefox offers a free email service called Thunderbird. -Mozilla Firefox is a prime example of open source software. -Mozilla Firefox is a prime example of a reputation system.

Mozilla Firefox is a prime example of a reputation system.

Which cloud computing model offers applications on a pay-per-use basis?

Software as a Service

What is Real Simple Syndication?

a web format used to publish frequently updated works

What is the best way to measure a company's ebusiness success? -effective MIS metrics -interactivity -clickstream data -all of these

all of these

Which of the below represents an example of why an employer would use social media? -to find potential job candidates via LinkedIn -to review potential job candidates by viewing their Facebook page -to attract new job candidates via YouTube all of these

all of these

What is the World Wide Web Consortium?

an international community that develops open standards to ensure the long-term growth of the Web

What is closed source?

any proprietary software licensed under exclusive legal right of the copyright holder

What is open source?

any software whose source code is made available free for any third party to review and modify

What is the ebusiness model that represents 80% of all online businesses and are typically more complex requiring greater security needs?

business-to-business

What is a reputation system?

buyers post feedback on sellers

What is the practice of artificially inflating traffic statistics for online advertisements?

click fraud

What is collective intelligence?

collaborating and tapping into the core knowledge of all employees, partners, and customers

What is an open system?

consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperate

What refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness, including comparison-shopping sites such as Froogle and bank account aggregation services such as Citibank?

cybermediation

What is the portion of the Internet that is intentionally hidden from search engines, uses masked IP addresses, and is accessible only with a special web browser?

dark web

What identifies a URL address?

domain name

What is a plan that details how a company creates, delivers, and generates revenues on the Internet?

ebusiness model

What service delivers hardware networking capabilities, including the use of servers, networking, and storage over the cloud using a pay-per-use revenue model?

infrastructure as a service (IaaS)

What are the three cloud computing service delivery models?

infrastructure as a service, software as a service, platform as a service

What is knowledge management?

involves capturing, classifying, evaluating, retrieving, and sharing information assets in a way that provides context for effective decisions and actions

Which of the below statements is correct? -just putting up a website can create tremendous ebusiness value -just putting up a website can create tremendous business buzz -just putting up a website can limit product availability -just putting up a website does not create an ebusiness

just putting up a website does not create an ebusiness

Using the collective power of a community to identify and classify content significantly ________ content categorization costs.

lowers

What is a website or Web application that uses content from more than one source to create a completely new product or service?

mashup

What is the ability of an organization to tailor its products or services to the customers' specifications?

mass customization

What in the cloud means that a single instance of a system serves multiple customers?

multi-tenancy

What serves only one customer or organization and can be located on the customers' premises or off the customer's premises?

private cloud

What uses the Internet to reassemble buyers, sellers, and other partners in a traditional supply chain in new ways?

reintermediation

What combines art along with science to determine how to make URLs more attractive to search engines resulting in higher search engine ranking?

search engine optimization

What evaluates variables that search engines use to determine where a URL appears on the list of search results?

search engine ranking

Which of the following best describes Web 2.0?

social media and user-generated Web content

What is crowdfunding?

sources capital for a project by raising many small amounts from a large number of individuals, typically via the Internet

What is cloud computing?

stores, manages, and processes data and applications over the Internet rather than on a personal computer or server

What is microblogging?

the practice of sending brief posts to a personal blog

What are clickstream analytics?

the process of collecting, analyzing, and reporting aggregate data about which pages a website visitor visits—and in what order

What is a collaborative website that allows users to add, remove, and change content?

wiki