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_____ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digital form.


A) Electronic checks
B) Electronic credit cards
C) Electronic cash transactions
D) Electronic wallets
E) Electronic debit cards

F) All of the above
G) B) and D)

Correct Answer

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Refer to IT's About Business 7.2: The service offered by ZocDoc is


A) Digital
B) Physical
C) Both
D) Neither

E) All of the above
F) B) and C)

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If you are an worker managing your fringe benefits over your company's intranet, you are engaging in _________ e-commerce.


A) business-to-business
B) business-to-consumer
C) consumer-to-consumer
D) business-to-employee
E) government-to-citizen

F) B) and C)
G) A) and B)

Correct Answer

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Differentiate between pure and partial electronic commerce. Provide examples of companies in each category. Section reference 1: Overview of E-Business and E-Commerce

Correct Answer

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not answered

You can make a purchase in a referral mall.

A) True
B) False

Correct Answer

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_____ enable two individuals to transfer funds without using a credit card.


A) Electronic checks
B) Stored-value money cards
C) Purchasing cards
D) Smart cards
E) Person-to-person payments

F) A) and B)
G) A) and C)

Correct Answer

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You decide to start a landscaping business called Trim Grass. You type HYPERLINK "http://www.TrimGrass.com"www.TrimGrass.com in a Web browser, and no page with that name appears. The domain name is therefore available.

A) True
B) False

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Even though B2C EC is much larger by volume, B2B is more complex.

A) True
B) False

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False

Business-to-consumer applications comprise the majority of electronic commerce volume.

A) True
B) False

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False

E-commerce affects only businesses that sell products online.

A) True
B) False

Correct Answer

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Discuss the benefits and limitations of electronic commerce. Section reference 1: Overview of E-Business and E-Commerce

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Which type of electronic commerce does Amazon practice?


A) business-to-employee
B) consumer-to-consumer
C) consumer- to-business
D) business-to-consumer
E) employee-to-business

F) B) and D)
G) B) and C)

Correct Answer

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In ________ e-commerce, an organization provides information and services to its workers.


A) business-to-employee
B) consumer-to-consumer
C) consumer-to-business
D) business-to-consumer
E) government-to-business

F) C) and D)
G) A) and B)

Correct Answer

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In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.


A) buy-side
B) sell-side
C) auctions
D) group purchasing
E) electronic exchange

F) B) and E)
G) A) and B)

Correct Answer

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In _____, direct and indirect materials in one industry are purchased on an as-needed basis.


A) horizontal exchanges
B) vertical exchanges
C) buy-side marketplaces
D) functional exchanges
E) sell-side marketplaces

F) A) and D)
G) A) and C)

Correct Answer

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Discuss the various types of electronic commerce. Section reference 1: Overview of E-Business and E-Commerce

Correct Answer

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_____ auctions are the most common auction model for large purchases.


A) Forward
B) Static
C) Reverse
D) Physical
E) Simple

F) A) and C)
G) C) and E)

Correct Answer

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Refer to IT's About Business 7.5: eBay's updates to its business model involved the development of new technologies. Answer. False Section reference 1: IT's About Business 7.5 Difficulty Easy Learning Objective 1: LO 7.0 Provide a real-world application of e-business and e-commerce Question Type: Multiple Choice

Correct Answer

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Forward auctions are auctions that sellers use as a channel to many potential buyers.

A) True
B) False

Correct Answer

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A _____ is automatically launched by some trigger and appears behind the active window.


A) keyword banner
B) random banner
C) pop-up ad
D) pop-under ad
E) text box

F) B) and E)
G) A) and E)

Correct Answer

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