DCM Unit 5 Revision

What is e-commerce?

• Online gaming
• Digital marketing
• Electronically buying or selling products
• Online chatting

What type of e-commerce model involves businesses selling to governments?

• B2C
• C2B
• B2G
• G2C

Which e-commerce platform is cloud-based and billed monthly?

• Desktop browser-based platforms
• Self-hosted e-commerce solutions
• Hosted e-commerce solutions
• Email platforms

What is a major advantage of e-commerce?

• 24/7 availability
• Increased transaction costs
• Limited reach
• Quality guarantee

Which is a disadvantage of e-commerce?

• Decreased transaction cost
• Privacy and security concerns
• Ease of conducting business
• Enables price comparison

An online store uses PayPal for transactions. This is an example of which type of online payment system?

• Payment Gateway
• Mobile Payment via Mobile Wallet
• Mobile Payment via Connected Bank Account
• Mobile Payment via Linked Credit/Debit Card

Which consideration is crucial when selecting an e-commerce platform?

• Color scheme of the website
• Number of products listed
• Security features
• The platform's popularity

A business offers products through a mobile app that allows payment via linked credit cards. This is an example of?

• Mobile Payment via Mobile Wallet
• Mobile Payment via Connected Bank Account
• Mobile Payment via Linked Credit/Debit Card
• Payment Gateway

What does the term 'Payment Gateway' refer to?

• A physical payment terminal
• A mobile payment app
• A secure online payment service
• A type of cryptocurrency

Which of the following is an advantage of e-commerce?

• Limited reach
• 24/7 availability
• High transaction costs
• Geographic limitations