What is the definition of e-commerce?

module 1 - E-com

Quiz
•
Arts
•
12th Grade
•
Easy
Jairo Roxas
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of social media for business transactions
The process of selling goods directly to consumers
The digital enabling of transactions and processes within a firm
The use of the Internet, the Web, and mobile apps and browsers running on mobile devices to transact business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the major technological building blocks underlying e-commerce?
Billboards, Flyers, and Brochures
Television, Radio, and Print Media
Telegraph, Telephone, and Fax Machine
The Internet, Web, and Mobile Platform
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of disintermediation in e-commerce?
Displacement of market middlemen by a new direct relationship between producers and consumers
Enhancing the role of intermediaries in the market
Increasing transaction costs for consumers
Creating more layers between producers and consumers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the vision of friction-free commerce?
A vision of commerce with complex and lengthy transactions
A vision of commerce with high barriers to entry and limited competition
A vision of commerce with high prices and unfair competitive advantages
A vision of commerce in which information is equally distributed and transaction costs are low
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of a first mover in e-commerce?
A firm that is first to market in a particular area and moves quickly to gather market share
A firm that relies heavily on traditional marketing methods
A firm that waits for others to enter the market before making a move
A firm that is slow to adapt to technological changes
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the network effect in e-commerce?
Occurs when users prefer different products from each other
Occurs when users do not interact with each other online
Occurs when users are isolated from each other in the market
Occurs where users receive value from the fact that everyone else uses the same tool or product
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of B2C in e-commerce?
Business to government
Consumer to consumer
Business to business
Business to consumer
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