BUS 2202 E-Commerce Self-Quiz Unit Total | Questions and Answers | University of the People

BUS 2202 E-Commerce

Self Quiz Total Units

Question 1
Correct
Mark 1.00 out of 1.00

Question text
E-Commerce might employ the following:
I Online shopping websites for retail sales direct to consumers
II Business-to-business buying and selling
III Gathering and using demographic data through web contacts and social media
IV Engaging in “pretail” for launching new products and services
V Business-to-business electronic data interchange.
Select one:

a. I and II

b. II, III, and IV

c. I, III, IV, and V

d. I, II, III, and, V

e. All of the above


The correct answer is: All of the above

Question 2
Correct
Mark 1.00 out of 1.00

Question text
Business Web Aggregator is most closely described as:
Select one:

a. Market information available, negotiation processes established, and dynamic pricing

b. Presentation of a large variety of products, fixed prices and not negotiation between supplier and
customer – simple fulfillment from customer’s point of view.

,c. Innovation in products and processes, trust building between different actors, abstinence of
hierarchical supervision.

d. Net optimization, unlimited usage, logistics processes.

e. Systematic supplier selection, process optimization for total value chain.
The correct answer is: Presentation of a large variety of products, fixed prices and not negotiation
between supplier and customer – simple fulfillment from customer’s point of view.

Question 3
Correct
Mark 1.00 out of 1.00

Question text
Innovation Risk is most closely described as:
Select one:

a. The elimination of brokers and dealers

b. The collapse of markets

c. Failure to match competitors’ unit costs

d. Failure to adapt


The correct answer is: Failure to adapt

Question 4
Correct
Mark 1.00 out of 1.00

Question text
The main features of M-Commerce include:


I Location independence of (mobile) customers
II Low availability of services through mobile phone networks
III Increased computing power of mobile devices
IV Security
V Accessibility of customers.
Select one:

a. I and II

,b. II, III, and IV

c. I, III, IV, and V



d. I, II, III, and, V
The correct answer is: I, III, IV, and V

Question 5
Correct
Mark 1.00 out of 1.00

Question text
Which of the following products would benefit THE MOST by e-commerce?
Select one:

a. Office supplies

b. Food and beverages

c. Consumer electronics

d. Industrial products


The correct answer is: Industrial products


Question 1
Correct
Mark 1.00 out of 1.00

Question text
The functions of a procurement platform include:
I Online shopping websites for retail sales direct to consumers
II Vendor management
III Purchase order integration
IV E-Invoicing and E-Payment
V Accessibility to customers.
Select one:

a. I and II

, b. II, III, and IV



c. III, IV, and V

d. I, II, III, and, V
Feedback
Your answer is correct.
The correct answer is: II, III, and IV

Question 2
Correct
Mark 1.00 out of 1.00

Question text
A methodology similar to a balance scorecard, but using narratives rather than numeric
values is part of which of the following business model frameworks?
Select one:

a. Service-profit chain

b. Strategic systems auditing

c. Strategy maps

d. Intellectual capital statements



e. Business model canvas
Feedback
Your answer is correct.
The correct answer is: Intellectual capital statements

Question 3
Correct
Mark 1.00 out of 1.00

Question text
Linking the infrastructure of a company with its customers most closely describes the
following business model framework:
Select one: