e-com

e-com

12th Grade

10 Qs

quiz-placeholder

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e-com

e-com

Assessment

Quiz

Arts

12th Grade

Practice Problem

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Created by

Jairo Roxas

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of e-commerce?

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

The digital enabling of transactions and processes within a firm.

The process of selling goods in a physical store.

The use of social media for personal communication.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the technological building blocks underlying e-commerce?

The Internet, Web, and Mobile Platform.

Billboards, Flyers, and Brochures.

Television, Radio, and Print Media.

Telegraph, Telephone, and Fax Machine.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does B2C stand for in e-commerce?

Business to Business

Business to Company

Business to Community

Business to Consumer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is disintermediation in e-commerce?

Enhancing the role of intermediaries in the market.

Displacement of market middlemen by a direct relationship between producers and consumers.

Creating more layers between producers and consumers.

Increasing the number of middlemen in the market.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a revenue model in e-commerce?

A model for reducing costs in a firm.

A model for expanding the physical locations of a business.

A model for increasing the number of employees in a company.

Describes how the firm will earn revenue, generate profits, and produce a superior return on invested capital.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a market opportunity in e-commerce?

Refers to the company's marketing budget.

Refers to the company's intended market space and the overall potential financial opportunities available.

Refers to the company's customer service strategy.

Refers to the company's internal organizational structure.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are Porter's 5 forces in industry analysis?

Competition in the industry, Potential of new entrants, Power of suppliers, Power of customers, Threat of substitute products.

Competition in the industry, Potential of new products, Power of consumers, Power of employees, Threat of competitors.

Competition in the industry, Potential of new markets, Power of regulators, Power of shareholders, Threat of economic downturn.

Competition in the industry, Potential of new technologies, Power of distributors, Power of advertisers, Threat of environmental changes.

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