Chapter 10 Quiz

A type of online marketplace

A construction technique for physical stores

Traditional physical retail stores

A new form of e-commerce

E-commerce

M-commerce

Click-and-mortar

E-store

It requires a large physical storefront.

It is more expensive than traditional commerce.

It makes buying products over the Internet efficient and convenient.

It limits the global connection to customers.

Fixed pricing across all online platforms

Ability to negotiate prices with sellers directly

Easy comparison of prices across multiple vendors

Price matching with brick-and-mortar stores

Brick-and-click companies

E-commerce companies

Click-only companies

Mortar-and-web companies

Only stores of large national retailers.

Only individual entrepreneurs' online stores.

Both large retailers and small individual entrepreneurs' online stores.

Physical stores that are planning to go online.

Amazon.com and eBay.com

Walmart.com and Target.com

Shopify.com and BigCommerce.com

Google.com and Bing.com

A) A physical store where people can buy and sell items.

B) A website where only classified ads are posted.

C) An e-commerce site where many different retailers sell goods.

D) A platform where only auctions are held.

A) It is a classified site where people post items they want to sell.

B) It is a third-party Web store where products are displayed.

C) It allows buyers to bid on items and the highest bidder wins the right to purchase the item.

D) It processes all the transactions and takes a portion of each sale.

A) A site where transactions are processed by the company that runs the site.

B) An e-commerce site where people or businesses display goods at fixed prices.

C) A website where people can bid on items but cannot buy them directly.

D) A platform where only classified ads are posted without any direct selling.