Chap 1 (1.1)

Chap 1 (1.1)

University

15 Qs

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Chap 1 (1.1)

Chap 1 (1.1)

Assessment

Quiz

Other

University

Practice Problem

Easy

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Chi Chu

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary principle of traditional commerce?

Exchange of goods and services

Use of digital platforms

Social media marketing

Cloud computing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Laudon & Traver, what is e-commerce?

Using the Internet and the web to transact business

Selling products in physical stores

Conducting business through telephones

Exchanging goods without money

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of e-commerce for businesses?

Reducing production costs

Expanding the market globally

Increasing physical store locations

Building customer relationships

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does C2C stand for in e-commerce?

Corporate-to-Corporate

Customer-to-Customer

Company-to-Company

Consumer-to-Consumer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a disadvantage of e-commerce?

Lower prices for consumers

Increased market reach

Transaction safety concerns

Faster delivery times

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the essence of logistics in e-commerce?

Enhancing customer service through phone

Reducing online marketing costs

Increasing physical store presence

Optimizing three circulation flows

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of logistics is concerned with the flow of goods from suppliers to firms?

Outbound Logistics

Inbound Logistics

Third Party Logistics

Reverse Logistics

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