E commerce frame work

6. Which e-commerce transaction provides the benefits of eliminating the requirement of a middleman?

• 1. a) Business to Business

• 1. b) Business to Government

• 1. c) Consumer to Business

• d) Business to Consumer

5. Which e-commerce model involves the sale of goods or services from businesses to the general public?

• 1. a) Business to Government

• 1. b) Business to Consumer

• 1. c) Business to Business

• d) Consumer to Business

8. ____ is an e-commerce model which focuses on consumers dealing with one another.

• 1. a) Business to Business

• 1. b) Consumer to Consumer

• 1. c) Consumer to Business

• d) Business to Consumer

9. Which of the following was the primary source of financing during the early years of electronic commerce?

• 1. a) Venture capital funds

• 1. b) Bank loans

• 1. c) Initial public offerings

• d) large retail firms

10. Which of the following is/are considered examples of the Consumer to consumer (C2C) model?

• 1. a) Amazon.com

• 1. b) e-bay

• 1. c) Rentalic.com

• d) All of the above

12. Which of the following is the set of planned activities that are designed to result in a profit in the marketplace?

• 1. a) Profit model

• 1. b) Business model

• 1. c) Business plan

• d) Revenue model

13. Which of the following is not a key element of the business model.

• 1. a) Competitive advantage

• 1. b) Market strategy

• 1. c) Universal standards

• d) Value Proposition

15. Which of the following is an early form of e-commerce?

• 1. a) EDI

• 1. b) SCM

• 1. c) Both of these

• d) None of the above

16. The reason why digital products are best suited for Business Consumer e-commerce is that they:

• 1. a) Can be mass-customized and personalized

• 1. b) Are commodities like products

• 1. c) Can be delivered at the time of purchase

• d) All of the above

17. ____ is an example of an Internet portal.

• 1. a) Yahoo

• 1. b) e-bay

• 1. c) Amazon

• d) Facebook