E-Commerce grade A Q&A
B2C - (correct answer)Consumer shopping on the Web is often called ____.
processes - (correct answer)The group of logical, related, and sequential activities and
transactions in which businesses engage are often
collectively referred to as business ____.
C2C - (correct answer)Some researchers define a fourth category of electronic
commerce called ____, which includes individuals who buy and sell items among
themselves.
wire transfers - (correct answer)Electronic funds transfers are also called ____.
trading partners - (correct answer)Businesses that engage in EDI with each other are
called ____.
VAN - (correct answer)A(n) ____ is an independent firm that offers connection and
transaction-forwarding services to buyers and
sellers engaged in EDI.
PEW Internet & American Life Project - (correct answer)The ____ began conducting
several long-term research projects in 2000 to study the growth of the Internet
and its effects on society.
Intel - (correct answer)____ is a good example of a company that sells its products to
other businesses rather than to consumers.
The first wave of electronic commerce was predominantly a U.S. phenomenon. -
(correct answer)Which of the following statements is correct?
,business model - (correct answer)A(n) ____ is a set of processes that combine to yield
a profit.
revenue model - (correct answer)A(n) ____ is a specific collection of business
processes used to identify customers, market to those customers, and generate sales to
those customers.
merchandising - (correct answer)The combination of store design, layout, and product
display knowledge is called ____.
return-on-investment - (correct answer)Businesses often calculate ____ numbers before
committing to any new technology.
Transaction costs - (correct answer)____ are the total of all costs that a buyer and a
seller incur as they gather information and negotiate a
purchase-and-sale transaction.
SWOT analysis - (correct answer)One significant component of ____ can be the
investment a seller makes in equipment or in the hiring of skilled employees to supply
the product or service to the buyer.
vertical integration - (correct answer)The practice of an existing firm replacing one or
more of its supplier markets with its own hierarchical
structure for creating the supplied product is called ____.
commodities - (correct answer)Many ____, such as wheat, sugar, and crude oil, are still
traded in markets.
network economic structure - (correct answer)In a ____, companies coordinate their
strategies, resources, and skill sets by forming long-term, stable
, relationships with other companies and individuals based on shared purposes.
virtual companies - (correct answer)Strategic partnerships occurring between or among
companies operating on the Internet are called ____.
Network - (correct answer)____ organizations are particularly well suited to technology
industries that are information intensive.
network effect - (correct answer)As more people participate in a network, the value of
the network to each participant increases. This is known as the ____.
value chain - (correct answer)A ____ is a way of organizing the activities that each
strategic business unit undertakes to design, produce,
promote, market, deliver, and support the products or services it sells.
value system - (correct answer)Porter uses the term ____ to describe the larger stream
of activities into which a particular business unit's
value chain is embedded.
strengths, weaknesses, opportunities, and threats. - (correct answer)SWOT is the
acronym for ____.
Dell Computer - (correct answer)In the mid-1990s, ____ used a SWOT analysis to
create a business strategy that helped it become a strong
competitor in its industry value chain.
culture - (correct answer)The combination of language and customs is often called
____________________.
Time Berners-Lee - (correct answer)HTML was developed by _____.
B2C - (correct answer)Consumer shopping on the Web is often called ____.
processes - (correct answer)The group of logical, related, and sequential activities and
transactions in which businesses engage are often
collectively referred to as business ____.
C2C - (correct answer)Some researchers define a fourth category of electronic
commerce called ____, which includes individuals who buy and sell items among
themselves.
wire transfers - (correct answer)Electronic funds transfers are also called ____.
trading partners - (correct answer)Businesses that engage in EDI with each other are
called ____.
VAN - (correct answer)A(n) ____ is an independent firm that offers connection and
transaction-forwarding services to buyers and
sellers engaged in EDI.
PEW Internet & American Life Project - (correct answer)The ____ began conducting
several long-term research projects in 2000 to study the growth of the Internet
and its effects on society.
Intel - (correct answer)____ is a good example of a company that sells its products to
other businesses rather than to consumers.
The first wave of electronic commerce was predominantly a U.S. phenomenon. -
(correct answer)Which of the following statements is correct?
,business model - (correct answer)A(n) ____ is a set of processes that combine to yield
a profit.
revenue model - (correct answer)A(n) ____ is a specific collection of business
processes used to identify customers, market to those customers, and generate sales to
those customers.
merchandising - (correct answer)The combination of store design, layout, and product
display knowledge is called ____.
return-on-investment - (correct answer)Businesses often calculate ____ numbers before
committing to any new technology.
Transaction costs - (correct answer)____ are the total of all costs that a buyer and a
seller incur as they gather information and negotiate a
purchase-and-sale transaction.
SWOT analysis - (correct answer)One significant component of ____ can be the
investment a seller makes in equipment or in the hiring of skilled employees to supply
the product or service to the buyer.
vertical integration - (correct answer)The practice of an existing firm replacing one or
more of its supplier markets with its own hierarchical
structure for creating the supplied product is called ____.
commodities - (correct answer)Many ____, such as wheat, sugar, and crude oil, are still
traded in markets.
network economic structure - (correct answer)In a ____, companies coordinate their
strategies, resources, and skill sets by forming long-term, stable
, relationships with other companies and individuals based on shared purposes.
virtual companies - (correct answer)Strategic partnerships occurring between or among
companies operating on the Internet are called ____.
Network - (correct answer)____ organizations are particularly well suited to technology
industries that are information intensive.
network effect - (correct answer)As more people participate in a network, the value of
the network to each participant increases. This is known as the ____.
value chain - (correct answer)A ____ is a way of organizing the activities that each
strategic business unit undertakes to design, produce,
promote, market, deliver, and support the products or services it sells.
value system - (correct answer)Porter uses the term ____ to describe the larger stream
of activities into which a particular business unit's
value chain is embedded.
strengths, weaknesses, opportunities, and threats. - (correct answer)SWOT is the
acronym for ____.
Dell Computer - (correct answer)In the mid-1990s, ____ used a SWOT analysis to
create a business strategy that helped it become a strong
competitor in its industry value chain.
culture - (correct answer)The combination of language and customs is often called
____________________.
Time Berners-Lee - (correct answer)HTML was developed by _____.
