module 1 - E-com

module 1 - E-com

12th Grade

15 Qs

quiz-placeholder

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module 1 - E-com

module 1 - E-com

Assessment

Quiz

Arts

12th Grade

Easy

Created by

Jairo Roxas

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of e-commerce?

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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