Business Quiz: E-commerce

What is E-Commerce?

• Selling goods in a physical store

• Buying and selling goods or services over the Internet

• Trading goods in traditional markets

• Advertising products on billboards

Which of the following is NOT a type of E-Commerce?

• B2B (Business to Business)

• B2C (Business to Consumer)

• B2G (Business to Government)

• C2M (Consumer to Manufacturer)

What is the primary reason businesses use E-Commerce?

• To increase physical store visits

• To reduce transaction costs and reach a wider audience

• To avoid paying taxes

• To limit their market to local customers

Which UAE-based company is an example of a Business-to-Consumer (B2C) E-Commerce model?

• Talabat

• Careem

• Amazon

• All of the above

Which of the following is an example of a Consumer-to-Consumer (C2C) E-Commerce platform?

• Noon

• Dubizzle

• Amazon

• Carrefour Online

What is one advantage of E-Commerce for businesses?

• Higher cost of advertising

• Limited access to global markets

• Reduced operational costs

• Inability to track customer behavior

Which of these is a disadvantage of E-Commerce for consumers?

• 24/7 availability of products

• Inability to physically inspect products before purchase

• A wide variety of choices

• Faster and easier buying process

How does E-Commerce impact competition among businesses?

• Reduces competition

• Creates a monopoly

• Increases competition due to easy market entry

• Eliminates the need for businesses to advertise

Which of the following best describes a Subscription-Based E-Commerce model?

• Customers pay once for a product, and it is delivered immediately

• Customers subscribe and pay regularly to receive products or services

• Customers trade items instead of buying them

• Businesses sell only digital goods

What could be a challenge for small businesses using E-Commerce?

• Reaching international customers

• Reducing costs of physical stores

• High competition from larger online retailers

• Avoiding the need for digital marketing