E-commerce Quiz

What does e-commerce refer to?

• Buying and selling of goods and services through mail systems

• Buying and selling of goods and services through phone calls

• Buying and selling of goods and services over the internet

• Buying and selling of goods and services in physical stores

Which type of e-commerce model involves selling products to individual consumers?

• Consumer to Business (C2B)

• Business to Consumer (B2C)

• Business to Business (B2B)

• Consumer to Consumer (C2C)

What is one of the primary benefits of e-commerce mentioned in the text?

• Limited accessibility for customers

• Manual processing of transactions

• Reaching a global audience without a physical storefront

• Conducting business through face-to-face interactions

Which type of e-commerce model involves selling products or services to other businesses?

• Consumer to Consumer (C2C)

• Business to Consumer (B2C)

• Business to Business (B2B)

• Consumer to Business (C2B)

What is the objective of e-commerce related to user experience?

• Increasing online sales

• Expanding market reach

• Creating a seamless and user-friendly online experience

• Building brand awareness

What is a disadvantage of e-commerce mentioned in the text?

• Instant delivery of goods

• Difficulty in establishing and maintaining standard practices

• 24/7 accessibility

• Easy inspection of products before purchase

Which area falls under the scope of e-commerce related to financial services?

• Online Banking and Finance

• Travel and Tourism

• Healthcare

• Real Estate

What is the main difference between traditional commerce and e-commerce?

• Traditional commerce is done by face-to-face, e-commerce is carried out by internet

• Traditional commerce has limited accessibility, e-commerce is 24/7

• Traditional commerce is carried out by internet, e-commerce is face-to-face

• Traditional commerce has automatic transaction processing, e-commerce is manual

What is the objective of e-commerce related to data-driven decision making?

• Optimizing user experience

• Increasing online sales

• Leveraging data analytics to gain insights into customer behavior

• Building brand awareness

Which type of e-commerce model involves selling products by a consumer to another consumer?

• Consumer to Business (C2B)

• Business to Consumer (B2C)

• Consumer to Consumer (C2C)

• Business to Business (B2B)