Test-Bank-for-Electronic-Commerce-201 2-Managerial-and-Social-Networks-Pers pectives-7th-Edition-by-Turban

1.1 True/False 1) Electronic commerce is the process of buying, selling, or exchanging products, services, or information via computer. Answer: TRUE Diff: 1 Page Ref: 4 2) Buying an e-book from Amazon is an example of partial electronic commerce. Answer: FALSE Diff: 1 Page Ref: 4 3) A brick-and-mortar organization performs its primary business offline, selling physical products by means of physical agents. Answer: TRUE Diff: 1 Page Ref: 4 4) An extranet is a network that uses private corporate networks to link together multiple intranets. Answer: FALSE Diff: 2 Page Ref: 5 AACSB: Use of information technology 5) Selling and buying electronically can be either business-to-consumer or business-to-business. Answer: TRUE Diff: 1 Page Ref: 6 6) Purchasing a computer from is an example of B2B commerce. Answer: FALSE Diff: 2 Page Ref: 6 7) Net-a-Porter buying merchandise from its designers is an example of B2B commerce. Answer: TRUE Diff: 2 Page Ref: 6 8) Network infrastructures include cell phones and other electronic devices that are located in various locations by telecommunications networks, including wireless ones. Answer: TRUE Diff: 2 Page Ref: 7 AACSB: Use of information technology 9) Today, over 90 percent of EC volume is B2C. Answer: FALSE Diff: 2 Page Ref: 8 10) If a company purchases Godiva chocolates as gifts for its employees and has Godiva mail them directly to the recipient, the company is engaged in B2B2C. Answer: TRUE Diff: 2 Page Ref: 8 AACSB: Reflective thinking 11) S-commerce refers to electronic commerce activities conducted on Facebook or influenced by the site. Answer: FALSE Diff: 2 Page Ref: 11 12) Despite the failures of individual companies and initiatives, the total volume of EC has been growing each year. Answer: TRUE Diff: 2 Page Ref: 11 AACSB: Use of information technology 13) The first generation of EC involves social networks, virtual worlds, and online transactions. Answer: FALSE Diff: 1 Page Ref: 13 14) E-commerce 2.0 is based primarily on blogs and corporate-sponsored collaboration. Answer: FALSE Diff: 1 Page Ref: 13 AACSB: Use of information technology 15) According to O'Reilly (2005), Web 2.0 Level 1 applications operate offline but gain features from going online. Answer: TRUE Diff: 3 Page Ref: 14 16) Social networking is the execution of any Web 2.0 activity, such as blogging and/or having a presence in a social network. Answer: TRUE Diff: 1 Page Ref: 15 AACSB: Use of information technology 17) By definition, enterprise social networks are public. Answer: FALSE Diff: 2 Page Ref: 16