lOMoARcPSD| 58797173
Câu hỏi ôn thi Thương mại điện tử ( E- commerce)
Chap 1:
1. E-commerce can be defined as:
The use of the Internet, the Web, and mobile apps to
transact business.
2. Which of the following is an example of e-business?
Amazon's inventory control system B.
3. Which of the following can be considered synonymous with the term
ecommerce?
Digital commerce.
4. The term e-commerce refers to the digital enabling of business
processesboth inside and outside the firm.
FALSE.
5. E-commerce and e-business systems blur together at the business
firmboundary, where internal business systems link up with suppliers or
customers.
TRUE.
6. Which of the following is not a unique feature of e-commerce technology?
Information asymmetry.
7. Which of the following features of e-commerce technology enables
lOMoARcPSD| 58797173
merchants to market and sell "complex" goods and services to
consumers via marketing messages that can integrate video, audio, and
text?
Richness.
8. Which of the following features of e-commerce technology allows users
toparticipate in the creation of online content?
Social technology.
9. Which of the following is the best definition of transaction cost?
the cost of participating in a market.
10.Which of the following features of e-commerce technology is
related to the concept of network externalities?
Universal standards.
11.Which of the following statements is true about the traditional tradeoff
between the richness and reach of a marketing message prior to the
development of the Web?
The larger the audience reached, the less rich the message.
12.Interactivity in the context of e-commerce provides which of the following
functionalities?
Enabling two-way communication between consumer and merchant.
lOMoARcPSD| 58797173
13.The costs incurred by merchants in having to change product prices (such
as the costs of reentering prices into computer systems) are referred to as
which of the following?
Menu costs.
14.Which of the following refers to any disparity in relevant market
information among parties in a transaction?
information asymmetry.
15.Which of the following is a physical place you visit in order to transact?
Marketplace.
16.The total number of users or customers an e-commerce business can
obtain is a measure of which of the following?
Reach.
17.Which of the following refers to the complexity and content of a message?
Richness.
18.E-commerce is available just about everywhere and anytime. This is
known as:
Unbiquity.
19.Ubiquity lowers the cognitive energy required to transact in a marketspace.
TRUE.
20.The fact that e-commerce is conducted based on universal standards
decreases search costs for consumers.
lOMoARcPSD| 58797173
TRUE.
21.Universal standards make price discovery more costly, slower, and less
accurate
FALSE.
22.Price transparency refers to the ease with which consumers can find out
what merchants pay for products.
FALSE.
23.Personalization involves targeting marketing messages to specific
individuals by adjusting the message based upon a consumer's
preferences or past purchasing behavior.
TRUE.
24.E-commerce technologies provide a unique, many-to-many model of mass
communication. Answer:
TRUE.
25.Which type of e-commerce is distinguished by the type of technology
used in the transaction rather than by the nature of the market
relationship?
mobile e-commerce.
26.Which of the following is an example of social e-commerce?
Facebook.
27.Business-to-consumer (B2C) e-commerce in the United States:
lOMoARcPSD| 58797173
has grown at double-digit rates between 2010 and 2017.
28.Which of the following is not true about the use of apps?
Users still spend less time using apps than they do using desktops or
mobile websites.
lOMoARcPSD| 58797173
29.Which of the following is an example of an on-demand service company?
Airbnb
30.Which of the following is an example of B2B e-commerce?
Go2Paper
31.Which of the following is an example of C2C e-commerce?
Craigslist
32.All of the following are examples of social networks except:
Y Combinator.
33.B2B e-commerce is the largest type of e-commerce.
TRUE.
34.Which of the following is not a major business trend in e-commerce in
2017-2018?
Small businesses and entrepreneurs are hampered by the rising cost
of market entry caused by increased presence of industry giants.
35.All of the following are major social trends in e-commerce in 2017-2018
except for:
participation of adults in social networks begins to decrease.
36.Which of the following statements about the mobile platform is not true?
The time U.S. adults spend using mobile apps accounts for over 60%
of total digital minutes spent.
lOMoARcPSD| 58797173
37.Which of the following describes the basic web policy of large firms during
the Invention period?
Maintain a basic, static website depicting the firm's brand.
38.It is estimated that by 2021, the size of the B2B market will reach:
$7.6 trillion.
39.Which of the following statements about the Web is not true?
The Web is the technology upon which the Internet is based.
40.In 2017, there were more than Internet hosts.
1 million
41.All of the following can be considered a precursor to e-commerce except:
the development of the smartphone.
42. was the first truly large-scale digitally enabled transaction system in
the B2C arena.
The French Minitel
43.In which year can e-commerce be said to have begun?
1995
44.All of the following are issues facing Pinterest except:
scams.
lOMoARcPSD| 58797173
45.Which of the following is a characteristic of e-commerce during the
Invention period?
disintermediation
46.All of the following are examples of Web 2.0 sites and applications except:
auction sites.
47.Which of the following is not a characteristic of a perfect competitive
market?
It is highly regulated.
48.All of the following were visions of e-commerce expressed during the early
years of e- commerce except:
fast follower advantage.
49.Unfair competitive advantages occur when:
one competitor has an advantage others cannot purchase.
50.The early years of e-commerce were driven by all of the following factors
except:
an emphasis on exploiting traditional distribution channels.
51.The early years of e-commerce are considered:
a stunning technological success as the Internet and the Web
increased from a few thousand to billions of ecommerce transactions
per year.
52.Which of the following best describes the early years of e-commerce?
They were a technological success but a mixed business success.
lOMoARcPSD| 58797173
53.Which of the following is a characteristic of the Reinvention phase of
ecommerce?
expansion of e-commerce to include services as well as goods
54.Which of the following is a characteristic of the Consolidation phase of
ecommerce?
brand extension and strengthening becomes more important than
creating new brands
55.Which of the following is not true regarding e-commerce today?
The market middlemen disappeared.
56.Which of the following statements is not true?
Overall transaction costs have dropped dramatically.
57.Which of the following is an example of an e-commerce first mover that
failed?
eToys
58.Which of the following refers to the practice of researching a product
online before purchasing it at a physical store?
webrooming
59.Which of the following was the original "killer app" that made the
Internet commercially interesting and extraordinarily popular?
The Web
lOMoARcPSD| 58797173
60.Which of the following refers to the displacement of market middlemen
and the creation of a new direct relationship between producers and
consumers?
disintermediation
61.Which of the following is not an element of friction-free commerce?
Transaction costs are high.
62.Retail e-commerce in the United States is not expected to continue growing
at double-digit growth rates in 2017-2018.
FALSE
63.The Internet is a worldwide system of computer networks.
FALSE
64.The Internet has shown similar growth patterns as other electronic
technologies of the past. Answer:
FALSE
65.The emergence of mobile, social, and local e-commerce occurred during
the the Reinvention period of e- commerce.
FALSE
66.The Reinvention period of e-commerce is as much a sociological
phenomenon as it is a technological or business phenomenon.
TRUE
67.Price dispersion has been eliminated in e-commerce
FALSE
68.Above all, e-commerce is a phenomenon.
lOMoARcPSD| 58797173
technology driven.
69.Which business application is associated with the technological
development of local area networks and client/server computing?
workgroup automation (e.g., document sharing)
70.Which of the following is one of the three primary societal issues related to
e-commerce?
intellectual property
Chap 2:
1. and are typically the most easily identifiable aspects of a
company's business model.
lOMoARcPSD| 58797173
Value proposition; revenue model
2. All of the following are using a subscription revenue model for music
except:
Scribd.
3. Which element of the business model addresses what a firm provides that
otherfirms do not and cannot?
lOMoARcPSD| 58797173
value proposition
4. Which element of the business model refers to the presence of substitute
products in the market?
competitive environment
5. Which of the following are Amazon's primary value propositions?
selection and convenience
6. A firm's describes how a firm will produce a superior return on
invested capital.
revenue model
7. Which of the following is an example of the subscription revenue model?
eHarmony
8. Stickiness is an important attribute for which of the following revenue models?
advertising revenue model
9. Which of the following companies uses a transaction fee revenue model?
E*Trade
10.Which of the following is an example of the affiliate revenue model?
MyPoints
11.Which of the following involves a company giving away a certain level of
product or services without charge, but then charging a fee for premium levels
of the product or service?
freemium strategy
12.Which of the following factors is not a significant influence on a company's
competitive environment?
lOMoARcPSD| 58797173
the availability of supportive organizational structures
13.Which of the following would be considered an indirect competitor of
Priceline?
Expedia
14.The existence of a large number of competitors in any one market segment may
indicate:
the market is saturated.
15.All of the following can be considered a direct or indirect competitor of mazon
except:
Starbucks.
16.A perfect market is one in which:
there are no competitive advantages or asymmetries because all firms have
equal access to all the factors to production.
17.Organizations that typically provide an array of services to start-up companies
along with a small amount of funding are referred to as:
incubators.
18.A specifically details how you plan to find customers and to sell your
product.
market strategy
19.Which of the following is not a community provider?
Priceline
20.Which of the following is not a variation of the e-tailer business model?
market creator
lOMoARcPSD| 58797173
21.An example of a company using the content provider model is:
Rhapsody.
22.Which of the following is not an example of the bricks-and-clicks e-tailing
business model?
Bluefly
23.The overall retail market in the United States in 2015 was estimated at about:
$4.8 trillion.
24.In general, the key to becoming a successful content provider is to:
provide online content for free.
25.Which of the following was not able to successfully implement a freemium
business model?
Pandora
26.All of the following may lead to a competitive advantage except:
fewer products.
27.Which of the following is an unfair competitive advantage?
brand name
28.Which of the following gives a business model the most credibility with outside
investors?
the firm's management team
29.Which of the following statements about Foursquare is not true?
Foursquare combines a social network business model with location-based
technology.
lOMoARcPSD| 58797173
30.Which type of investor typically becomes interested in a start-up company
after it has begun generating revenue?
venture capital investors
lOMoARcPSD| 58797173
31.Which of the following is another name for a revenue model?
financial model
32.All of the following use a social network marketing strategy except:
Amazon.
33.The use by a company of its competitive advantage to achieve more advantage
in surrounding markets is known as .
leverage
34.A wealthy individual who invests personal funds in a start-up in exchange for
an equity stock in the business is referred to as a(n) .
angel investor
35.Which of the following is not a key element of an elevator pitch?
legal structure
36.A value proposition defines how a company's product or service fulfills
the needs of a customer.
TRUE
37.Firms that fail to produce returns greater than alternative investments
typically go out of business.
TRUE
38.An asymmetry exists whenever all participants in a market have equivalent
resources.
FALSE
39.First movers are often not as successful as follower firms.
FALSE
lOMoARcPSD| 58797173
40.All firms need an organization to efficiently implement their business plans and
strategies
FALSE
41.The JOBS Act and issuance of enabling regulations by the Securities and
Exchange Commission allows a start-up company to use crowdfunding to
solicit accredited investors to invest in small and early-stage start-ups.
TRUE
42.The business model of e-tailers is quite similar to that of:
e-distributors.
43.All of the following use an advertising revenue model except:
Amazon.
44.Which of the following is not considered a portal?
Amazon
45.Portals primarily generate revenue in all of the following ways except:
sales of goods.
46.The basic value proposition of community providers is:
they offer a fast, convenient one-stop site where users can focus on their
most important concerns and interests.
47.eBay uses all of the following business models except:
content provider.
48.All of the following are business models employed in the
peer-to-peer streaming.
lOMoARcPSD| 58797173
49.The financial services, travel services, and job placement services industries
typically use the business model.
transaction broker
50.In the business model, a Web-based business builds a digital
environment in which buyers and sellers can meet, display products, search for
products, and establish prices.
market creator
51.On-demand service companies are characterized by the free sharing of
resources between the company and consumers.
FALSE
52.All of the following are examples of business-to-business (B2B) business
models except:
e-tailers.
53.What is the primary revenue model for an e-distributor?
sales
54.W.W. Grainger is an example of which of the following business models?
B2B service provider
55. create and sell access to digital markets.
E-procurement firms
56.Which of the following may offer its customer’s value chain management
software?
e-procurement companies
57.Over the past decade, the number of exchanges has:
lOMoARcPSD| 58797173
diminished sharply.
58.SupplyOn is an example of a(n):
industry consortium.
59.A marketplace supplies products and services of interest to particular
industries.
vertical
60.SaaS and PaaS providers can typically provide services at lower costs through
scale economies.
TRUE
61.Which business strategy involves implementing a new, more efficient set of
business processes that other firms cannot yet obtain?
strategy of cost competition
62.Which of the following features of e-commerce technology changes industry
structure by lowering barriers to entry but greatly expands the market at the
same time?
global reach
63.Which of the following is not a primary activity in a firm value chain?
finance/accounting
64.A is a networked business ecosystem that coordinates a firm's
suppliers, distributors, and delivery firms with its own production needs using
an Internet-based supply chain management system.
value web

Preview text:

lOMoAR cPSD| 58797173
Câu hỏi ôn thi Thương mại điện tử ( E- commerce) Chap 1:
1. E-commerce can be defined as:
➢ The use of the Internet, the Web, and mobile apps to transact business.
2. Which of the following is an example of e-business?
➢ Amazon's inventory control system B.
3. Which of the following can be considered synonymous with the term ecommerce? ➢ Digital commerce.
4. The term e-commerce refers to the digital enabling of business
processesboth inside and outside the firm. ➢ FALSE.
5. E-commerce and e-business systems blur together at the business
firmboundary, where internal business systems link up with suppliers or customers. ➢ TRUE.
6. Which of the following is not a unique feature of e-commerce technology? ➢ Information asymmetry.
7. Which of the following features of e-commerce technology enables lOMoAR cPSD| 58797173
merchants to market and sell "complex" goods and services to
consumers via marketing messages that can integrate video, audio, and text? ➢ Richness.
8. Which of the following features of e-commerce technology allows users
toparticipate in the creation of online content? ➢ Social technology.
9. Which of the following is the best definition of transaction cost?
➢ the cost of participating in a market.
10.Which of the following features of e-commerce technology is
related to the concept of network externalities? ➢ Universal standards.
11.Which of the following statements is true about the traditional tradeoff
between the richness and reach of a marketing message prior to the development of the Web?
➢ The larger the audience reached, the less rich the message.
12.Interactivity in the context of e-commerce provides which of the following functionalities?
➢ Enabling two-way communication between consumer and merchant. lOMoAR cPSD| 58797173
13.The costs incurred by merchants in having to change product prices (such
as the costs of reentering prices into computer systems) are referred to as which of the following? ➢ Menu costs.
14.Which of the following refers to any disparity in relevant market
information among parties in a transaction? ➢ information asymmetry.
15.Which of the following is a physical place you visit in order to transact? ➢ Marketplace.
16.The total number of users or customers an e-commerce business can
obtain is a measure of which of the following? ➢ Reach.
17.Which of the following refers to the complexity and content of a message? ➢ Richness.
18.E-commerce is available just about everywhere and anytime. This is known as: ➢ Unbiquity.
19.Ubiquity lowers the cognitive energy required to transact in a marketspace. ➢ TRUE.
20.The fact that e-commerce is conducted based on universal standards
decreases search costs for consumers. lOMoAR cPSD| 58797173 ➢ TRUE.
21.Universal standards make price discovery more costly, slower, and less accurate ➢ FALSE.
22.Price transparency refers to the ease with which consumers can find out
what merchants pay for products. ➢ FALSE.
23.Personalization involves targeting marketing messages to specific
individuals by adjusting the message based upon a consumer's
preferences or past purchasing behavior. ➢ TRUE.
24.E-commerce technologies provide a unique, many-to-many model of mass communication. Answer: ➢ TRUE.
25.Which type of e-commerce is distinguished by the type of technology
used in the transaction rather than by the nature of the market relationship? ➢ mobile e-commerce.
26.Which of the following is an example of social e-commerce? ➢ Facebook.
27.Business-to-consumer (B2C) e-commerce in the United States: lOMoAR cPSD| 58797173
➢ has grown at double-digit rates between 2010 and 2017.
28.Which of the following is not true about the use of apps?
➢ Users still spend less time using apps than they do using desktops or mobile websites. lOMoAR cPSD| 58797173
29.Which of the following is an example of an on-demand service company? ➢ Airbnb
30.Which of the following is an example of B2B e-commerce? ➢ Go2Paper
31.Which of the following is an example of C2C e-commerce? ➢ Craigslist
32.All of the following are examples of social networks except: ➢ Y Combinator.
33.B2B e-commerce is the largest type of e-commerce. ➢ TRUE.
34.Which of the following is not a major business trend in e-commerce in 2017-2018?
➢ Small businesses and entrepreneurs are hampered by the rising cost
of market entry caused by increased presence of industry giants.
35.All of the following are major social trends in e-commerce in 2017-2018 except for:
➢ participation of adults in social networks begins to decrease.
36.Which of the following statements about the mobile platform is not true?
➢ The time U.S. adults spend using mobile apps accounts for over 60%
of total digital minutes spent. lOMoAR cPSD| 58797173
37.Which of the following describes the basic web policy of large firms during the Invention period?
➢ Maintain a basic, static website depicting the firm's brand.
38.It is estimated that by 2021, the size of the B2B market will reach: ➢ $7.6 trillion.
39.Which of the following statements about the Web is not true?
➢ The Web is the technology upon which the Internet is based.
40.In 2017, there were more than Internet hosts. ➢ 1 million
41.All of the following can be considered a precursor to e-commerce except:
➢ the development of the smartphone.
42. was the first truly large-scale digitally enabled transaction system in the B2C arena. ➢ The French Minitel
43.In which year can e-commerce be said to have begun? ➢ 1995
44.All of the following are issues facing Pinterest except: ➢ scams. lOMoAR cPSD| 58797173
45.Which of the following is a characteristic of e-commerce during the Invention period? ➢ disintermediation
46.All of the following are examples of Web 2.0 sites and applications except: ➢ auction sites.
47.Which of the following is not a characteristic of a perfect competitive market? ➢ It is highly regulated.
48.All of the following were visions of e-commerce expressed during the early years of e- commerce except: ➢ fast follower advantage.
49.Unfair competitive advantages occur when:
➢ one competitor has an advantage others cannot purchase.
50.The early years of e-commerce were driven by all of the following factors except:
➢ an emphasis on exploiting traditional distribution channels.
51.The early years of e-commerce are considered:
➢ a stunning technological success as the Internet and the Web
increased from a few thousand to billions of ecommerce transactions per year.
52.Which of the following best describes the early years of e-commerce?
➢ They were a technological success but a mixed business success. lOMoAR cPSD| 58797173
53.Which of the following is a characteristic of the Reinvention phase of ecommerce?
➢ expansion of e-commerce to include services as well as goods
54.Which of the following is a characteristic of the Consolidation phase of ecommerce?
➢ brand extension and strengthening becomes more important than creating new brands
55.Which of the following is not true regarding e-commerce today?
➢ The market middlemen disappeared.
56.Which of the following statements is not true?
➢ Overall transaction costs have dropped dramatically.
57.Which of the following is an example of an e-commerce first mover that failed? ➢ eToys
58.Which of the following refers to the practice of researching a product
online before purchasing it at a physical store? ➢ webrooming
59.Which of the following was the original "killer app" that made the
Internet commercially interesting and extraordinarily popular? ➢ The Web lOMoAR cPSD| 58797173
60.Which of the following refers to the displacement of market middlemen
and the creation of a new direct relationship between producers and consumers? ➢ disintermediation
61.Which of the following is not an element of friction-free commerce?
➢ Transaction costs are high.
62.Retail e-commerce in the United States is not expected to continue growing
at double-digit growth rates in 2017-2018. ➢ FALSE
63.The Internet is a worldwide system of computer networks. ➢ FALSE
64.The Internet has shown similar growth patterns as other electronic
technologies of the past. Answer: ➢ FALSE
65.The emergence of mobile, social, and local e-commerce occurred during
the the Reinvention period of e- commerce. ➢ FALSE
66.The Reinvention period of e-commerce is as much a sociological
phenomenon as it is a technological or business phenomenon. ➢ TRUE
67.Price dispersion has been eliminated in e-commerce ➢ FALSE 68.Above all, e-commerce is a phenomenon. lOMoAR cPSD| 58797173 ➢ technology driven.
69.Which business application is associated with the technological
development of local area networks and client/server computing?
➢ workgroup automation (e.g., document sharing)
70.Which of the following is one of the three primary societal issues related to e-commerce? ➢ intellectual property Chap 2:
1. and are typically the most easily identifiable aspects of a company's business model. lOMoAR cPSD| 58797173
➢ Value proposition; revenue model
2. All of the following are using a subscription revenue model for music except: ➢ Scribd.
3. Which element of the business model addresses what a firm provides that otherfirms do not and cannot? lOMoAR cPSD| 58797173 ➢ value proposition
4. Which element of the business model refers to the presence of substitute products in the market? ➢ competitive environment
5. Which of the following are Amazon's primary value propositions? ➢ selection and convenience
6. A firm's describes how a firm will produce a superior return on invested capital. ➢ revenue model
7. Which of the following is an example of the subscription revenue model? ➢ eHarmony
8. Stickiness is an important attribute for which of the following revenue models? ➢ advertising revenue model
9. Which of the following companies uses a transaction fee revenue model? ➢ E*Trade
10.Which of the following is an example of the affiliate revenue model? ➢ MyPoints
11.Which of the following involves a company giving away a certain level of
product or services without charge, but then charging a fee for premium levels of the product or service? ➢ freemium strategy
12.Which of the following factors is not a significant influence on a company's competitive environment? lOMoAR cPSD| 58797173
the availability of supportive organizational structures
13.Which of the following would be considered an indirect competitor of Priceline? ➢ Expedia
14.The existence of a large number of competitors in any one market segment may indicate: ➢ the market is saturated.
15.All of the following can be considered a direct or indirect competitor of mazon except: ➢ Starbucks.
16.A perfect market is one in which:
➢ there are no competitive advantages or asymmetries because all firms have
equal access to all the factors to production.
17.Organizations that typically provide an array of services to start-up companies
along with a small amount of funding are referred to as: ➢ incubators.
18.A specifically details how you plan to find customers and to sell your product. ➢ market strategy
19.Which of the following is not a community provider? ➢ Priceline
20.Which of the following is not a variation of the e-tailer business model? ➢ market creator lOMoAR cPSD| 58797173
21.An example of a company using the content provider model is: Rhapsody.
22.Which of the following is not an example of the bricks-and-clicks e-tailing business model? ➢ Bluefly
23.The overall retail market in the United States in 2015 was estimated at about: ➢ $4.8 trillion.
24.In general, the key to becoming a successful content provider is to:
➢ provide online content for free.
25.Which of the following was not able to successfully implement a freemium business model? ➢ Pandora
26.All of the following may lead to a competitive advantage except: ➢ fewer products.
27.Which of the following is an unfair competitive advantage? ➢ brand name
28.Which of the following gives a business model the most credibility with outside investors?
➢ the firm's management team
29.Which of the following statements about Foursquare is not true?
➢ Foursquare combines a social network business model with location-based technology. lOMoAR cPSD| 58797173
30.Which type of investor typically becomes interested in a start-up company
after it has begun generating revenue? venture capital investors lOMoAR cPSD| 58797173
31.Which of the following is another name for a revenue model? ➢ financial model
32.All of the following use a social network marketing strategy except: ➢ Amazon.
33.The use by a company of its competitive advantage to achieve more advantage
in surrounding markets is known as . ➢ leverage
34.A wealthy individual who invests personal funds in a start-up in exchange for
an equity stock in the business is referred to as a(n) . ➢ angel investor
35.Which of the following is not a key element of an elevator pitch? ➢ legal structure
36.A value proposition defines how a company's product or service fulfills the needs of a customer. ➢ TRUE
37.Firms that fail to produce returns greater than alternative investments typically go out of business. ➢ TRUE
38.An asymmetry exists whenever all participants in a market have equivalent resources. ➢ FALSE
39.First movers are often not as successful as follower firms. ➢ FALSE lOMoAR cPSD| 58797173
40.All firms need an organization to efficiently implement their business plans and strategies ➢ FALSE
41.The JOBS Act and issuance of enabling regulations by the Securities and
Exchange Commission allows a start-up company to use crowdfunding to
solicit accredited investors to invest in small and early-stage start-ups. ➢ TRUE
42.The business model of e-tailers is quite similar to that of: ➢ e-distributors.
43.All of the following use an advertising revenue model except: ➢ Amazon.
44.Which of the following is not considered a portal? ➢ Amazon
45.Portals primarily generate revenue in all of the following ways except: ➢ sales of goods.
46.The basic value proposition of community providers is:
➢ they offer a fast, convenient one-stop site where users can focus on their
most important concerns and interests.
47.eBay uses all of the following business models except: ➢ content provider.
48.All of the following are business models employed in the ➢ peer-to-peer streaming. lOMoAR cPSD| 58797173
49.The financial services, travel services, and job placement services industries
typically use the business model. ➢ transaction broker
50.In the business model, a Web-based business builds a digital
environment in which buyers and sellers can meet, display products, search for
products, and establish prices. ➢ market creator
51.On-demand service companies are characterized by the free sharing of
resources between the company and consumers. ➢ FALSE
52.All of the following are examples of business-to-business (B2B) business models except: ➢ e-tailers.
53.What is the primary revenue model for an e-distributor? ➢ sales
54.W.W. Grainger is an example of which of the following business models? ➢ B2B service provider
55. create and sell access to digital markets. ➢ E-procurement firms
56.Which of the following may offer its customer’s value chain management software? ➢ e-procurement companies
57.Over the past decade, the number of exchanges has: lOMoAR cPSD| 58797173 ➢ diminished sharply.
58.SupplyOn is an example of a(n): ➢ industry consortium.
59.A marketplace supplies products and services of interest to particular industries. ➢ vertical
60.SaaS and PaaS providers can typically provide services at lower costs through scale economies. ➢ TRUE
61.Which business strategy involves implementing a new, more efficient set of
business processes that other firms cannot yet obtain?
➢ strategy of cost competition
62.Which of the following features of e-commerce technology changes industry
structure by lowering barriers to entry but greatly expands the market at the same time? ➢ global reach
63.Which of the following is not a primary activity in a firm value chain? ➢ finance/accounting
64.A is a networked business ecosystem that coordinates a firm's
suppliers, distributors, and delivery firms with its own production needs using
an Internet-based supply chain management system. ➢ value web