E-commerce Quiz

What does "E-commerce" stand for?

• Electronic Commerce

• Economic Commerce

• Entrepreneurial Commerce

• Emerging Commerce

Which of the following is NOT a characteristic of e-commerce?

• Online transactions

• Physical store dependency

• Digital payment options

• Internet-based marketing

What is the main purpose of e-commerce?

• To conduct business transactions online

• To build physical stores

• To eliminate all intermediaries

• To replace traditional marketing

Which technology is essential for e-commerce transactions?

• Blockchain

• Internet

• Television

• Print media

In which decade did e-commerce start gaining prominence?

• 1950s

• 1970s

• 1990s

• 2000s

Which was the first online marketplace?

• Amazon

• eBay

• Alibaba

• Walmart

What was the first product sold on the Internet?

• A book

• A pizza

• A CD

• A computer

Who founded Amazon, one of the pioneers of e-commerce?

• Steve Jobs

• Jeff Bezos

• Bill Gates

• Elon Musk

In which year did Amazon launch its online bookstore?

• 1990

• 1992

• 1995

• 2000

What is a major advantage of e-commerce for businesses?

• Higher rental costs

• Reduced market reach

• Lower operational costs

• Slower transactions