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Questions ANSWERS

________and ___________ are typically the most easily identifiable aspects of a


company'sisbusness
________ definedmodel
by a company using its competitive advantage to gain in Value proposition; revenue model
surrounding
________ markets.
was the first truly large-scale digitally enabled transaction system in the Leverage
B2C arena. The French Minitel
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
A ________ refers to a competitive strategy in which firms attempt to achieve lower
business process costs.
A firm's ________ describes how a firm will produce a superior return on invested strategy of cost competition
capital. revenue model
A(n) ________ allows users to easily add and edit content on a web page.
A template test is a form of which type of testing? A/B testing
wiki

Above
All all,following
of the e-commerce is a ________
are business modelsphenomenon.
employed in the online music industry technology driven h
except: Peer to peer streaming
All of the following are examples of Web 2.0 sites and applications except Auction sites
All of the following are methods of securing channels of communication except: FTP
All of the following are possible penalties for violating the Digital Millennium
All of the following
Copyright Act (DMCA)are except:
platforms for social e-commerce except: Y combination

up to ten years imprisonment for a first offense.


All of the following can be considered a direct competitor of Priceline except: ESPN
All of the
All of the following
followingcan
canbe
beconsidered
consideredexamples
a precursor to e-commerce
of the except:
market creator business model the development of the smartphone.
except: Twitter.
All of the following cases involved the doctrine of fair use except: Spokeo v. Robins.
All of the following may lead to a competitive advantage except: fewer product
All of the following primarily use an advertising revenue model except: Walmart.
Amazon purchased Jet.com, one of its discount competitors, to give it a more robust
All of
All of the
the following
followingstatements
statementsabout
aboute-commerce
Amazon areintrue except:States in 2020 are true network for delivering goods.
the United
except: Social e-commerce generated more revenue than mobile e-commerce.
All of the following were visions of e-commerce expressed during the early years of e-
commerce
An ________except:
serves businesses that primarily buy direct goods on a contract Fast Follower Advantage
purchasing basis. industry consortium
B2B e-commerce websites: tend to serve horizontal markets.
Another name for revenue model? financial model

Business-to-consumer (B2C) e-commerce in the United States grew at double-digit rates between 2010 and 2020
E-commerce is available just about everywhere and anytime. This is known as: ubiquity
E-procurement firm E-procurement
eBay uses all of the following business models except: content provider

Following technologies is aimed at reducing e-mail address spoofing and phishing? DMARC

Grainger is an example of which of the followinf business models? e-distributor

How
If youlong doestocopyright
wished protection
leverage the extend
ubiquitous forofcorporate-owned
nature works?your
the Web to differentiate 95 years
product, you would: enable individual customization of the product by consumers.
In 2016 the United States gave up control of which of the following organizations
involved with Internet governance IANA (The Internet Assigned Numbers Authority)
In 2019, there were more than ________ Internet hosts worldwide. 1 billion
In general, the key to becoming a successful content provider is to: own the content being provided.
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
Innovative entrepreneurs and their business firms that destroy existing business
models are referred to as: Disruptors
is estimated that by 2024, B2B e-commerce will generate ________ in revenues. $9.8 trillion
Malware that comes with a downloaded file requested by a user is called a: drive-by download
Next generation firewalls provide all of the following except: the ability to automatically update applications on a client computer with security patches.
Organizations that typically provide an array of services to startup companies along
with a small amount of funding are referred to as: Incubators
Portals
The primarily
concept generateis revenue
of a "sprint" related toinwhich
all of of
thethe
following
followingways except:
development sales of goods.
methodologies?
Stickiness is an important attribute for which of the following revenue models? Advertising revenue model
Scrum
The cost incurred by merchants to change product prices (i.e., the costs of reentering
prices into computer systems) is referred to as: Menu Costs
a stunning technological success as the Internet and the Web increased from a few thousand
The early years of e-commerce are considered: to billions of e-commerce transactions per year.
The Early years of e-commerce wer drven by all of the follwoing factors except an emphasis on exploiting traditional distribution channels
Virtual merchants face potentially large costs for all of the following except: building and maintaining physical stores.
The Text identifies which of the following years as the year e-commerce began? 1995
What is the largest sector of the online travel services market in terms of revenue? airline reservations

What was
Which the original
business killerisapp?
application associated with the technological development of local the Web
area networks
Which elementand client/server
of the computing?
business model refers to the presence of substitute products in Workgroup automation (eg. document sharing)
the market? Competitive environment
Which of the following are Amazon's primary value propositions? Selection and Convenience
Which of the following cannot be used to retrieve objects from a database?
Which of the following can be considered synonymous with the term e-commerce? Digital Commerce
HTML
Which of the
Which of the following
followingdescribes
companies theuses
basica web
transaction feelarge
policy of revenue
firmsmodel?
during the E*Trade
Invention period? Maintain a basic, static website depicting the firm's brand
Which of the
Which of the following
followingfactors
does not useaasignificant
is not subscription revenue
influence onmodel?
a company's Twitter
competitive environment? the availability of supportive organizational structures
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

Which of the following features of e-commerce technology enables merchants to


Richness
market and sell "complex" goods and services to consumers via marketing messages
that can integrate video, audio, and text?
Which of the following features of e-commerce technology is related to the concept of
networkofexternalities?
Which the following gives a business model the most credibility with outside universal standards
investors? the firm's management team
Which of the following has not been the subject of concern about its increasing market
dominance in 2020-2021? Netflix
Which of the following involves a company giving away a certain level of product or
service without charge, but then charging a fee for premium levels of the product or
service? freemium strategy
Which of the following is a characteristic of e-commerce during the Invention period? disintermediation
Which of the following is a characteristic of the Consolidation phase of e-commerce? Brand extension and strengthening becomes more important than creating new brands
Which of the following is a characteristic of the Reinvention phase of e-commerce?
expansion of e-commerce to include services as well as goods
Which of the following is a leading platform for social e-commerce? Facebook

Which of the following is a physical place you visit in order to transact? marketplace
Which of the following is a platform for B2B e-commerce? Go2Paper
Which of the following is an example of a company using the content provider model? Netflix
Which of the following is an example of an e-commerce first mover that failed? eToys
Which of the following is an example of an online privacy violation? your online purchase history being sold to other merchant without your consent
Which of the following is an example of e-business? Amazon's inventory control system
Which of the following is an important societal issue related to e-commerce? intellectual property
Which of the following is an unfair competitive advantage? brand name
Which of the following is not a basic type of cloud computing service FiOS
Which of the following is not a characteristic of a perfect competitive market? It is highly regulated.
Which of the following is not a community provider? Blue Nile
Which of the following is not a key element of an elevator pitch? Legal Structure
Which of the following is not a major technology trend in e-commerce in 2020-2021? Growth of the Internet of Things slows down.
Which of the following is not a primary activity in a firm value chain? finance/accounting
Which of the following is not a unique feature of e-commerce technology? Informational asymmetry
Which of the following is NOT a variation of the e-tailer business model? Market Creator
Which of the following is not an element of friction-free commerce? Transaction costs are high.
Which of
Which of the
the following
followingisisnot
notananexample
exampleofofthe
anbricks-and-clicks
on-demand service company?
e-tailing business Facebook
model? Blue Fly
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.
Which of the following is not true about the use of apps? Users still spend more time using mobile browsers than they do using mobile apps.
Which of the following is not true regarding e-commerce today? The Market Middle Man Disappeared
Which of the following is the best definition of transaction cost? The cost of participating in a market
Which of the following refers to any disparity in relevant market information among
parties in a transaction? Information asymmetry
Which of the following refers to the complexity and content of a message? Richness
Which of the following refers to the displacement of market middlemen and the
creation of a new direct relationship between producers and consumers? disintermediation
A public cloud is typically used by companies with stringent privacy and security
Which of the following statements about cloud computing is not true? requirements.
Which of the following statements about the mobile platform is not true? Over 235 million individuals in the United States used tablet computer apps in 2020.
Which of the following statements about the Web is not true? The Web is the technology upon which the Internet is based.

Which of the following statements is not true? Overall transaction costs have dropped dramatically.
Which of the following statements is not true? Economists take a purely technical approach to e-commerce.
richness and reach of a marketing message prior to the development of the Web? The Larger the audience reached, the less rich the message
Which of the following types of crowdfunding involves people making contributions
to others with no expectation of any return? donor-based crowdfunding
Which of the following uses a subscription revenue model for books? Amazon Kindle unlimited
Which of
Which of the
the following
followinguses
usessoftware
a subscription-based
installed at thesales revenue
ISP level model?
to track user Dollar share club
clickstream
Which of thebehavior?
following was the original "killer app" that made the Internet deep packet inspection
commercially interesting and extraordinarily popular? the Web
Which of the followingis not considered a portal? Amazon
transaction rather than by the nature of the market relationship?
Which type of investor typically becomes interested ina startup company after it has Mobile e-commerce
begun generating
________ revenue?
represents the total number of users or customers an e-commerce business Venture Capital Investors
can obtain.technologies are technologies that enable the incremental improvement of
________ Reach
products and services. Sustaining
QUESTIONS ANSWERS
________ are a kind of middleware software that provides the glue
connecting traditional corporate systems to the customer as well as all
the functionality needed to conduct e-commerce. Application servers
________ are other
software, and the types of information
services systems capabilities
which are provided as a shared needed
pool of to meSystem functionalities
virtualized resources over the Internet. Cloud computing
________ is a utility program that allows you to check the connection Ping
A template test is a form of which type of testing? A/B testing
A(n) _____ allows users to easily add and edit content on a web page wiki
Advantages of dynamic page generation include all of the following excclient-side execution of programming.
All of the following are basic functionality provided by web servers exca shopping cart
All of the following are examples of open source CMSs except: 1. Dreamweaver CC.
All of the following are important factors in search engine optimization adhering to privacy policies.
All of the following are involved in the effort to create standards for Io W3C
All of the following are key design principles of responsive web design coding by convention
All of the
All of the following
following are
are steps
methods
oneof improving
can the processing
take to right-size architectuadding web servers.
a website's
hardware platform and meet demands for service except: replacing static pages with dynamically generated pages.
All of the following are the basic functionality provided by e-commerc marketing analysis
All
presence rather than a desktop website is referred to as which of Multi-browser functionality
of the following are website design features that annoy customers ex
the following? 3.mobile first design
Django follows the ___ programming principle. DRY
In 2016, the united states gave up control of which of the following org IANA
In order from beginning to end, the major steps in the SDLC are: systems analysis/planning; systems design; building the system; testing; and implementation.
In the United States, about ________ of Internet traffic now occurs over45%
Microsoft's pilot program to provide broadband Internet access to rural unused, low-powered television channels
Most of the time required to maintain an e-commerce site is spent on _ general administration and making changes and enhancement to the system
Ruby on Rails is based on which of the following philosophies? CoC
Snapchat's Lenses feature is an example of which of the following? augmented reality
TCP/IP operates in which layer of Internet architecture? Transport Services and Representation Standards layer
The ________ helps define the overall structure of the Internet. IAB
The ________ is a consortium of corporations, government agencies, and Internet Society (ISOC)
The address used by a browser to identify the location of content on thea Uniform Resource Locator.
The backbone of the Internet is formed by: Tier 1 ISPs.
The concept of a "sprint" is related to which of the following develop Scrum
The first web browser
communications to make
network it possible
and includes to view
security anddocuments on the we Mosaic
authentication
services is called the: Middliware Swrvies layer
The leading web server software is: Apache.
The major technologies used with wireless local area networks are: Wi-Fi and Bluetooth
The process ofthem
reassembling comparing a website with
at the destination pointthat of its competitors in termsBenchmarking
is called:
packet switching.
The protocol that enables the transmission of voice and other formsVOIP
The term stateless refers to the fact that: the server does not have to maintain an ongoing dedicated interaction with the client computer.
The Transport Layer of TCP/IP is responsible for which of the followin Providing communication with the application by acknowledging and sequencing the packets to and from the application
The Web runs in which layer of Internet architecture? Applications Layer
Where does TLS operate within TCP/IP? between the Transport Layer and the Application Layer
Which form of testing compares a control page with one that is very dif new concept test
Which of the following are central directories that list all
message parcels along available Internet communication paths and on domain namesRoot Servers
to their destinations? routers
Which of the following are the two main components of a system deLogical design and physical design
Which of the following details the actual hardware components to be usphysical design
Which of the following enables Internet users to communicate with eachonline forum
Which of the following helps you engage your customers in a conversaton site blog
Which of the following IEEE standards has been labeled by the Wi-Fi AIEEE 802.11ax
Which of the following involves creating a skeleton version that focuseswireframing
Which of of
attributes thethe
following is a programming
device making the request,language
and usingintroduced
predefinedby AppleSwift
templates, loads a version of a site optimized for the device? AWD
Which
path of of the following
a message is a set
sent from of rules
a client for transferring
computer to a remote data?
computer on protocol
the Internet? Tracert
Which of the following is not a basic type of cloud computing service? FiOS
Which of the following is not a concern about IoT? the falling cost of sensors
Which of the following is not an advantage of client/server computing Each client added to the network increases the network's overall capacity and transmission speeds.

Which of the following is not one of the basic business objectives for optimize system architecture
Which of the following is not one of the basic technological foundationsFTP
Which of the following is not part of the LAMP open source web deve Microsoft IIS

Which of the following is rarely used today, due to security concerns. Telnet
Which of the following is the core communications protocol for the InteTCP/IP
Which of the
Which of the following
following monitors
is the minimum systemaccess
and controls architecture requirement
to a main two-tier
web server, architecture
and implements firewall protection?
Proxy Server
Which of the following occurred during the Commercialization phase ofNSF privatized the operation of the Internet's backbone.
Which of the
Which of the following
following protocols
organizations focuses
enables on the evolution
the exchange of the In IRTF
of routing
information among different autonomous systems on the Internet? BGP
Which of the following protocols is used to send mail to a server? SMTP
Which of the following statement about responsive web design (RWD) iRWD works best for sites that have complex functionality
Which of the following statements about fiber-optic cable is not true? Most U.S Homes have fiber connections
Which of the following statements about mobile apps are not true? IOS apps are cross-platform, open source application
Which of the following statements about mobile websites is not true? Generally, mobile websites operate more quickly than traditional websites viewed on a desktop computer connected to a broadband office network.
Which of the
Which of the following
following typically
types of sites typically
includes a datarequire a high percentag
flow diagram to Trading
describe the flow of information for an e-commerce site? logical design
Which of the following was the most popular mobile web browser as ofChrome
Which of the following was the original purpose of the Internet? to link large mainframe computers on different college campuses
You
growcould expect to find
exponentially all of the
to support following
millions serviceswithout
of users, in a web server an RSS aggregator
overloading the network architecture? client/server computing
Which of the following standards provide for high-speed short-range Wi-WiGig
Which of the following would you use to verify that links on web pages asite management tools
Which of the following are the two main components of a systems delogical design and physical design
Which of the following basic system functionalities is used to displa digital catalog
Which of the following is not a mobile messaging application? Feedly
Which of the following is not true about the mobile platform? Most smartphones use Intel chips.
During which period of time did the Institutionalization phase of Interne 1975-1995
\ ANSWERS
________ is the ability to ensure that an e-commerce site continues to function as intended. Availability
________ is the ability to identify the person or entity with whom you are dealing on the Internet. authenticity
________ typically attack governments, organizations, and sometimes individuals for political Hacktivists
purposes.
"Do Not Track" falls under which of the following principles in the FTC's current privacy simplified choice
framework?
A ________ is hardware or software that acts as a filter to prevent unwanted packets from firewall
entering
A digitalacertificate
network. contains all of the following except the: subject's private key.
A social consequence of the richness of internet information is Very persuasive messages might reduce the
Accessing data without authorization on Dropbox is an example of a: need
cloudfor multiple
security independent sources of
issue.
According to data from Pew Research Center, which of the following is the action which the cleared web browser history and cookies
highest percentage
According of Internet
to Ponemon users
Institute's has survey,
2019 taken towhich
preserve their
of the privacy was
following online?
not among the causes botnets
of the
All of costliest cybercrimes?
the following are factors that will be considered in determining whether use of copyrighted free availability of the work on the Web.
material
All of theisfollowing
"fair use" are
except the: of WPA3 except:
features It enables the creation of a VPN
All of the following are limitations of the existing online credit card payment system except: cost to consumers.
All of the following are methods of securing channels of communication except: FTP.
All of the following are possible penalties for violating the Digital Millennium Copyright Act up to ten years imprisonment for a first offense.
(DMCA)
All of the except:
following are required for information to be considered a trade secret except: it must be unique.
All of the following are used for authentication except Packet filters
All of the following cases involved the doctrine of fair use except: Spokeo v. Robins.
All of the following statements about Apple Pay are true except which of the following? Apple Pay is the most popular alternative
All of the following statements about PKI are true except payment
PKI methodthat
guarantees in the
theUnited States
verifying computer
All of the following statements about the Digital Millennium Copyright Act (DMCA) are true of
thethe merchant
DMCA makes is Internet
secure Service Providers
except:
As of 2020, the largest consumer privacy penalty issued by the Federal Trade Commission had (ISPs) responsible and accountable for
Facebook
been imposed on
Automatically which ofathe
redirecting webfollowing
link to acompanies?
different address is an example of which of the Pharming
following?is an example of a:
Conficker worm.
Confidentiality is sometimes confused with: Privacy
Face ID is an example of which of the following? biometrics
In which of the following cases did the U.S. Supreme Court rule that basic business methods Alice Corporation Pty. Ltd. v. CLS Bank
cannot bethat
Malware patented?
comes with a downloaded file requested by a user is called a: International
drive-by download.
Mint Bills is an example of which of the following EBPP business models Consolidator
Next generation firewalls provide all of the following except: the ability to automatically update
PayPal is an example of which of the following types of payment system? applications
online storedon a client
value computer
payment with
system
PCI-DSS is a standard established by which of the following? The Credit Card Industry
Registering a domain name similar or identical to a trademark of a legitimate site to divert web Cyberpiracy
traffic to thethe
Registering infringing
domain site
nameis an example of:with the intent to divert web traffic from people
Faceboik.com typosquatting.
misspelling
The Facebook.com
attack against Dyn serversis anisexample of: of a(n):
an example DDoS attack
The Data Encryption Standard uses a(n) ______-bit key. 56
The display of a third-party's website or page within your own website is called: framing
The Spokeo case involved a claim for damages based on which of the following? Fair Credit Reporting Act
To allow lower-level employees access to the corporate network while preventing them from an authorization management system.
accessing
What private
ethical human
principle resources
states that if documents, you would
an action cannot use:repeatedly, then it's not right to take slippery slope
be taken
at all?is the first step in analyzing an ethical dilemma?
What Identify and describe the facts.
What is the most frequent cause of stolen credit cards and card information today? the hacking and looting of corporate servers
Which case was instrumental in paving the way for Internet business methods patents? storing credit
State Street card&information
Bank Trust Co. v. Signature
Which ethical principle emphasizes putting oneself into the place of others and thinking of Financial
The Golden Group,
Rule Inc.
oneselfethical
Which as the object of the
principle decision?
states that when confronted with an ethical dilemma, an individual should Risk Aversion
take theofaction
Which that produces
the following allowsthesomeone
least harm, or thean
to obtain least potential
exclusive cost? on the ideas behind an Patent Law
monopoly
invention
Which of for
the 20 years? basic ethical concepts plays an important role in defining privacy?
following due process
Which of the following cases has chipped away at the Digital Millennium Copyright Act BMG Rights Management v. Cox
(DMCA)
Which of safe harbor protection?
the following dimensions of e-commerce security is not provided for by encryption? Communications
availability
Which of the following e-commerce technology dimensions has the potential to reduce cultural global reach
diversity
Which ofin
theproducts?
following handles cybersquatting cases under its Uniform Dispute Resolution Wipo
procedures?
Which of the following is a brute force attack which hackers launch via botnets and automated credential stuffing
tools using
Which known
of the user name
following is a setand
of password
short-range combinations?
wireless technologies used to share information NFC
among of
Which devices within about
the following is antwo inchesofofa each
example other?
pay-for-privacy (PFP) approach? At&t's GigaPower Service
Which of the following is an example of an integrity violation of e-commerce security? An unauthorized person intercepts an online
Which of the following is an example of an online privacy violation? communication
your and changes
online purchasing itsbeing
history contents
sold to
Which of the following is considered one of the most contentious e-commerce patents? other merchants
Amazon's patent without your purchasing
on one-click consent
Which of the following is not a key factor for establishing e-commerce security? data integrity
Which of the following is not a major trend in e-commerce payments in 2020-2021? Online payment volume decreases due to the
Which of the following is not an example of a potentially unwanted program (PUP)? Covid-19 pandemic.
drive-by download
Which of the following is not an example of an access control? digital signatures
Which of the following is not one of the four basic principles shared by ethical schools of thought privacy
in western
Which culture?
of the following is the leading cause of data breaches? hackers
Which of the following is the most common protocol for securing a digital channel of TLS
communication?
Which of the following is used to track individuals as they move among thousands of websites? advertising networks
Which of the following protect original forms of expression in a tangible medium? Copyright law
Which of the following situations would not qualify for the fair use exception to U.S. copyright A student copies a photograph of his favorite
law? of the following statements about Bitcoin is not true?
Which band from
Bitcoins area completely
website created by the band's
secure.
Which of the following statements about Blockchain is not true? A blockchain system is inherently
Which of the following statements about the General Data Protection Regulation (GDPR) is not centralized.
The GDPR eliminate the right to be
true? of the following statements is not true?
Which forgotten.
The Cybersecurity Information Sharing Act
Which of the following Supreme Court cases established that states can compel online retailers to was strongly
South Dakotasupported
v. Wayfairby most large
collect and
Which remit
of the sales taxes
following even if they
technologies do notathave
is aimed a physical
reducing e-mailpresence
address within theand
spoofing state?
phishing? DMARC
Which of the following technologies reduces the ability to merge different files and de- differential privacy software
anonymize
Which consumer
of the following data?
types of attacks enabled hackers to take control of the Twitter accounts of Social Engineering
dozens of
Which of the
America's mostInformation
FTC's Fair prominent political,
Practices entertainment
(FIP) principlesandrequires
technology leaders? of the
identification Notice/Awareness
collector
Which ofof
thedata?
FTC's Fair Information Practices (FIP) principles requires opt-in or opt-out policies Choice/Consent
to bethe
All infollowing
place? statements about symmetric key cryptography are true except: symmetric key cryptography is
Which of the following statements about data breaches in 2019 is not true? computationally
According to the slower.
Identity Theft Resource
What isethical
Which the first step in developing
principle emphasizesan e-commerce
putting oneself security plan? of others and thinking of
into the place Center,
Performemployee error was the leading
a risk assessment.
oneself as the object of the decision? The Golden Rule
ANSWERS
________ production
________ is an example
is aofsetanofe-procurement Net marketplace.
production methods that focuses on the elimination of waste throughout Ariba
the customer value chain. Lean
A(n)________supply chain is one in which the labor conditions in low-wage, underdeveloped producer accountable
countries
All of the are visible are
following andadvantages
morally acceptable
of onlinetoretail
ultimate consumers in more developed industrial societies.
except: faster delivery of goods.
All of the following are examples of direct goods in the auto industry except: desktop computers
All of the following are examples of the challenges that traditional manufacturers experience when using high-cost structures.
the
All Internet to sell directly
of the following to the consumer
are potential benefits ofexcept:
B2B e-commerce except: increased product cycle time.
All of the following are strategic factors that pertain specifically to a firm and its related businesses except: power of customers.
All of the following are terms used to describe on-demand service companies except: omni-channel commerce.
All of the following have introduced social commerce functionality, such as buy buttons, shoppable ads, Tumblr
and marketplaces,
All of the following except:
services require extensive personalization except: financial services
All of the following statements about Amazon are true except: Amazon purchased Jet.com, one of its discount
All of the following statements about the online insurance industry are true except: competitors, to give
the Internet has it a more
lowered searchrobust
costs,network for
increased
All of the following were parts of the vision during the early days of e-commerce except the belief that: price "first-mover"
new, comparison, and decreasedwith
middlemen, prices to
expertise in e-
An ________ primarily serves businesses that buy indirect goods on a spot purchasing basis. commerce,
e-distributorwould force traditional internediaries out
An ________ primarily serves businesses that primarily buy direct goods on a spot purchasing basis. exchange
An ________ primarily serves businesses that primarily buy indirect goods on a contract purchasing basis. e-procurement Net marketplace
An ________ serves businesses that primarily buy direct goods on a contract purchasing basis industry consortium
Apart from Amazon, the top online retail firms in terms of online sales are all primarily ________ firms. omnichannel
Approximately ________% of the United States labor force is involved in providing services. 80
B2B e-commerce websites: tend to serve horizontal markets.
Booking Holdings owns all of the following except: Expedia.
Collaborative commerce systems: foster sharing sensitive internal information with
Craigslist is most involved in which of the following online services market(s)? suppliers
real estateand purchasers.
services and career services
EDI document structures are defined by: industry committees.
Gross margin is defined as gross profit: divided by net sales revenues.
In ________, all of a customer's financial (and even nonfinancial) data are pulled together into a single, account aggregation
personalized
In 2019, B2Bwebsite.
e-commerce accounted for approximately ________ of all B2B commerce. 51%
In 2019, which of the following accounted for the smallest amount of B2B commerce? Traditional
In 2020, it was estimated that about what percentage of Internet users over the age of 14 would make a 80%
purchase at anStates,
In the United onlinethe
retail store?sector accounts for approximately ______% of the United states GDP
service eighty
Office supplies are an example of: indirect goods.
Omni-channel merchants are also referred to as: bricks-and-clicks companies.
The Internet has resulted in lower search costs, increased price comparison, and lower prices to consumers Term life insurance
for
Thewhich insurance
last step product line?process is
in the procurement Sending a remittance payment
Virtual merchants face potentially large costs for all of the following except: contract purchasing of direct goods
The online retail sector of the retail industry is most similar to the ________ sector. mail order/telephone order (MOTO)
The Seam is an example of an: industry consortium
Virtual merchants face potentially large costs for all of the following except: Building and maintaing physical stores
Walmart is using which of the following technologies in its Food Traceability Initiative? blockchain
What is another name for pro forma earnings? earnings before income taxes, depreciation, and
What is the first step in the procurement process? amortization (EBITDA)
search for suppliers
What is the largest sector of the online travel services market in terms of revenue? airline reservations
Which of the following enabled MOTO firms to make an easier transition to e-commerce? the fact that they already had efficient customer
Which of the following has the highest share of online retail sales? order
Virtualfulfillment
merchantsprocesses
Which of the following has the second-highest share of online retail sales? Omni Channel Merchants
Which of the following is a subscription-based retailer using predictive marketing and big data? stitch Fix
Which of the following is an example of an e-distributor? Grainger
Which of the following is an on-demand service company focused on lodging? Airbnb
Which of the following is another name for a private industrial network? PTX
Which of the following is not a characteristic of the use of social networks in B2B e-commerce? They are always private
Which of the following is not a digitally native vertical brand (D2C)? Wayfair
Which of the following is not an example of a virtual merchant? Dell
Which of the following is not categorized as an operating expense? the cost of products being sold.
Which of the following is not considered a current asset? long-term investments
Which of the following is NOT one of the central challenges facing the online retail industry? lack of physical store presence
Which of the following is not one of the methods used by traditional retailers to develop omni-channel online supply-push
integration?
Which of the following is not one of the seven major segments of the retail industry? gasoline and fuel
Which of the following is not true about on-demand service firms? It is not likely that on-demand service firms will
Which of the following is not true about on-demand service firms? totally escapeservice
On-demand government regulation.
firms are a totally new
Which of the following job recruitment companies is not a job listing aggregator? phenomenon
CareerBuilderwithout precedent in the history of e-
Which of the following measures the percentage of sales revenue a firm can retain after all expenses are net margins
deducted
Which of from gross revenues?
the following primarily deal with direct goods? Exchanges and industry consortia
Which of the following primarily involve long-term sourcing? e-procurement Net marketplaces and industry
consortia
Which of the following provides a financial snapshot of a company's assets and liabilities (debts) on a Balance sheet
given
Whichdate?
of the following statements about B2B marketing is not true? Spending on B2B digital marketing and advertising
Which of the following statements about cloud-based B2B systems is not true? accounts
Much for expense
of the about 30% of the
of the total is
system amount
shiftedspend
from
Which of the following statements about online banking is not true? the
MoreB2B network
people use aprovider tomobile
tablet for the firmbanking than a
Which of the following was the first step in the development of B2B e-commerce? mobile phone.
automated order entry systems
Within of
Which thethe
major serviceisindustry
following groups,
not a major trendcompanies can befor
in online retail categorized generally into those that provide
2020-2021? providing hands-on services
transaction brokering and those that involve which of the following? The Covid-19 pandemic is expected to create a
decrease in e-commerce retail purchases.

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