E-Commerce in Business

E-Commerce is known as doing business through an ___________ marketplace.

• International

• Open

• Electronic

• Artificial

Which of the following is NOT a characteristic of a virtual business

• Has a physical store and location

• Does not have a physical store

• Can reach customers in remote locations

• Offers digital goods or services

E-Commerce is usually accepted by people who are

• Older than 50 years old

• Highly concerned with inconvenience

• Uncomfortable with changing technology

• Well educated or computer competent

The process of selling goods or services to a final consumer is known as

• B2C

• B2B

• B2K

• B2A

Advantages of e-commerce do NOT include __________.

• Increased international sales

• Required daily site maintenance

• Sudden increased productivity

• Potential to eliminate intermediaries

One of the disadvantages of e-commerce is _________

• It is not the best form of distribution for all products

• it extends business beyond geographic limits

• it increases computer literacy in teh workplace

• it can restructure supply chain

Which of the following is NOT a factor of success in e-commerce?

• The ability to provide bonuses to management team

• The ability to provide technical support

• The ability to create effective web design

• The ability to participate in efficient post-sale service

Security barriers which protect against hackers or unwanted traffic are called __________.

• Security policies

• Firewalls

• Secure sites

• SSL

All of the following are elements required for successful e-commerce EXCEPT _________________.

• A place to sell the product

• A method of shipping

• A process for accepting returns

• A physical store

Companies which provide Internet access to individuals and companies are ________________

• Internet service providers

• Internet solution providers

• Internet support programs

• Internet services panels