Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
8 unique features of E-Commerce Technology - ANSWER-1. Ubiquity (available everywhere)
2. Global Reach
3. Universal Standards
4. Richness (video, audio, and text marketing messages integrated into a single marketing message and
consuming experience)
5. Interactivity (technology works through interaction with the user)
6. Information Density (reduces information costs and increases quality)
7. Personalization/Customization (Technology allows personalized messages to be delivered to
individuals and groups)
8. Social Technology (user content generation and social networks)
A ________ business model provides a way for consumers to sell to each other with the help of an
online business.
A) B2B
B) B2C
C) C2C
D) P2P - ANSWER-C. C2C
A perfect market is one in which: - ANSWER-There are no competitive advantages or asymmetries
because all firms have equal access to all the
factors to production.
A(n) ________ provider is a company that offers access to Internet-based software applications to
other companies. - ANSWER-Application Service
Above all, e-commerce is a(n) ________-driven phenomenon.
A) technology
Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
, Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
B) government
C) marketing
D) user - ANSWER-A. Technology
All of the following are examples of Business-to-Business (B2B) business model except:
A) e-distributors.
B) e-procurement.
C) private industrial networks.
D) market creators. - ANSWER-D. Market Creators
All of the following can be considered a precursor to e-commerce except:
A) m-commerce.
B) Baxter Healthcare's remote order entry system.
C) The French Minitel.
D) Electronic Data Interchange. - ANSWER-A. M-commerce (because mobile commerce came after e-
commerce)
All of the following were visions of e-commerce expressed during the early years of e-commerce
except:
A) a nearly perfect competitive market.
B) friction-free commerce.
C) persistence of information asymmetries.
D) first mover advantage. - ANSWER-C. persistence of information asymmetries.
B2B Business Models, Net Marketplaces - ANSWER-Net marketplaces:
E-distributor (AmazonSupply)
E-procurement (Ariba Supplier)
Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
Questions and CORRECT Answers
8 unique features of E-Commerce Technology - ANSWER-1. Ubiquity (available everywhere)
2. Global Reach
3. Universal Standards
4. Richness (video, audio, and text marketing messages integrated into a single marketing message and
consuming experience)
5. Interactivity (technology works through interaction with the user)
6. Information Density (reduces information costs and increases quality)
7. Personalization/Customization (Technology allows personalized messages to be delivered to
individuals and groups)
8. Social Technology (user content generation and social networks)
A ________ business model provides a way for consumers to sell to each other with the help of an
online business.
A) B2B
B) B2C
C) C2C
D) P2P - ANSWER-C. C2C
A perfect market is one in which: - ANSWER-There are no competitive advantages or asymmetries
because all firms have equal access to all the
factors to production.
A(n) ________ provider is a company that offers access to Internet-based software applications to
other companies. - ANSWER-Application Service
Above all, e-commerce is a(n) ________-driven phenomenon.
A) technology
Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
, Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
B) government
C) marketing
D) user - ANSWER-A. Technology
All of the following are examples of Business-to-Business (B2B) business model except:
A) e-distributors.
B) e-procurement.
C) private industrial networks.
D) market creators. - ANSWER-D. Market Creators
All of the following can be considered a precursor to e-commerce except:
A) m-commerce.
B) Baxter Healthcare's remote order entry system.
C) The French Minitel.
D) Electronic Data Interchange. - ANSWER-A. M-commerce (because mobile commerce came after e-
commerce)
All of the following were visions of e-commerce expressed during the early years of e-commerce
except:
A) a nearly perfect competitive market.
B) friction-free commerce.
C) persistence of information asymmetries.
D) first mover advantage. - ANSWER-C. persistence of information asymmetries.
B2B Business Models, Net Marketplaces - ANSWER-Net marketplaces:
E-distributor (AmazonSupply)
E-procurement (Ariba Supplier)
Az ROC Trade Exam B-3 License UPDATED Exam
Questions and CORRECT Answers
