WorksheetsE COMMERCE - 3B
Total questions: 30
Worksheet time: 22mins
Business interaction between different organizations.
(a)
Simply commerce between private individuals or consumers
(a)
It is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively
(a)
With significant increases in technology over the past couple of decades, e-commerce has become a major force in the economy.
(a)
It is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.
(a)
It is a network of individuals and companies who are involved in creating a product and delivering it to the consumer.
(a)
It is the exchange of goods and services between (usually) independent organizations and/or persons supported by a comprehensive usage of powerful ICT systems and a globally standardized network infrastructure.
ECONOMICS
E COMMERCE
INTERNET
INTRANET
The transaction can be between enterprises, households, individuals, government, and other public or private organizations.
E COMMERCE
E COMMERCE
INTERNET
INTRANET
It focuses on efficiency in production and exchange.
ECONOMICS
E COMMERCE
INTERNET
INTRANET
A global wide area of network that connects and provide information
ECONOMICS
E COMMERCE
INTERNET
INTRANET
It is no longer a web that we connect to and interconnected world that we live in.
ECONOMICS
E COMMERCE
INTERNET
INTRANET
IoT devices and encapsulated intelligence
DATA SENSING
DATA CONNECTIVITY
DATA ANALYTICS
HUMAN VALUE
Uses Artificial intelligence algorithms and cognitive application
DATA ANALYTICS
DATA CONNECTIVITY
DATA SENSING
HUMAN VALUE
It is the output of device that detects and responds to some type of input from the physical environment
DATA VALUE
DATA CONNECTIVITY
DATA SENSING
HUMAN VALUE
In this the IoT could emphasize the social values as privacy, equality, trust, and individual choice and their implementation and management.
DATA VALUE
DATA SENSING
DATA CONNECTIVITY
HUMAN VALUE
It refers to how processed data can enable an organization to generate business or serve as a helpful resource.
DATA VALUE
DATA CONNECTIVITY
DATA SENSING
HUMAN VALUE
This model involves transactions between business organizations and consumers.
B2B
C2C
B2C
C2B
This model business makes transactions with other business.
B2B
C2C
B2C
C2B
A business model in which individual customers make transactions with other individual customers
B2B
C2C
B2C
C2B
A business model in which customers or individuals make a transactions to businesses
B2B
C2C
B2C
C2B
Is Internet Protocols are a set of rules governing communication within and between computer networks
TRUE
FALSE
In C2B the purchaser is the consumer and final client
TRUE
FALSE
In a B2C business the consumers who follow the brands are not necessarily looking to build a close relationship with them.
TRUE
FALSE
Participants in an online marketplace can buy and sell goods to each other.
TRUE
FALSE
The quickest way to bring in new customers is through Collaboration Ecommerce.
TRUE
FALSE
Businesses and individuals use E Commerce to reduce transaction costs.
TRUE
FALSE
The intermediary-oriented marketplace is run by a body of buyers who want to establish an efficient purchasing environment
TRUE
FALSE
Savings in distribution costs is one of disadvantage of B2B
TRUE
FALSE
One company may contract with another business to provide the raw materials needed to manufacture a product is an example of B2C
TRUE
FALSE
B2C marketing is more centered on desires and longing, and on how the product or service can help resolve them and that’s why the decision is purely emotional.
TRUE
FALSE
