E-Commerce Quiz

What does E-Commerce primarily refer to?

• Traditional retail methods

• Buying and selling over the Internet

• In-person transactions only

• Physical exchange of goods

Which of the following is NOT a method of electronic data exchange?

• Face-to-face meetings

• Electronic Fund Transfer (EFT)

• Electronic Bulletin Boards

• Electronic Mail (e-mail)

What is a major benefit of E-Commerce for organizations?

• Higher inventory levels

• Operational cost savings

• Limited market access

• Increased physical store presence

Which category of E-Commerce involves transactions between businesses?

• B2C

• C2C

• B2B

• C2B

What is a significant limitation of E-Commerce for consumers?

• More choices

• Price comparisons

• Easy accessibility

• Lack of security and privacy of personal data

Which of the following is a benefit of E-Commerce for consumers?

• Increased delivery times

• Higher prices

• Easy accessibility

• Limited product choices

What does the acronym EDI stand for?

• Electronic Data Interchange

• Electronic Delivery Interface

• Electronic Document Integration

• Electronic Data Interface

Which of the following is a key component of the E-Commerce framework?

• Physical storefronts

• Common business services infrastructure

• Traditional marketing strategies

• In-person customer service

Which of the following is NOT a component of the architectural framework of Electronic Commerce

• User Interface Layer

• Business Logic Layer

• Network Control Layer

• Security and Reliability Services

What is a major challenge faced by organizations in E-Commerce?

• Low competition

• High customer loyalty

• Stable pricing

• Pressure for innovation