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TDX eCommerce Quiz, after day one

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

Which of the following isn’t a definition of e-commerce?

a)

Buying and selling of goods and services using the internet, and the transfer of money and data to execute the transaction

b)

The sale of physical products online

c)

Electronic Commerce

d)

Buying and selling of goods and services over a telephone call

2.

The decision-making process is much more complicated for B2B than it is for B2C.

a)

True

b)

False

3.

How do companies that operate C2C platforms profit?

a)

Facilitating transactions

b)

Fees charged to sellers for listing products

c)

Promotional features

d)

All of these

4.

According to Nasdaq, by 2040 what percentage of sales will happen online?

a)

35%

b)

55%

c)

75%

d)

95%

5.

According to Statisa, there are _______ active digital buyers.

a)

900 million

b)

1.5 billion

c)

2.1 billion

d)

3.5 billion

6.

WP Forms estimates there are ____ active eCommerce sites.

a)

500-750,000

b)

1-2 million

c)

4-8 million

d)

12-24 million

7.

<1 million eCom sites earn more than _____ in annual revenue

a)

$1,000

b)

$10,000

c)

$100,000

d)

$1 million

8.

According to BusinessWire, select how shoppers most frequent shop (highest to lowest)

a)

In store, in the bathroom, in bed

b)

In bed, in store, in the bathroom

c)

In the office, in store, in bed

d)

In the bathroom, in bed, in the office

9.

According to HubSpot, what percentage of buyers trust the advice of friends and family?

a)

25%

b)

41%

c)

60%

d)

81%

10.

According to Invespcro, the global eCommerce conversion rate (Q2 2019) is:

a)

1.20%

b)

2.58%

c)

3.62%

d)

5.02%

11.

When it comes to studies, articles and statistics, I

a)

Always believe what I read and learn

b)

Use multiple sources to validate what I read and learn

c)

Suspect the credibility of the sources

d)

Never trust what I read and learn