Correct & Verified Answers
Disruptive Technology Correct answer-A new way of doing things that does not initially meet the
needs of existing customers. They tend to open new markets and destroy old ones
sustaining technology Correct answer-produced an improved product that customers are eager to
buy, such as a faster car or a larger hard drive. Sustaining technologies tend to provide us with better,
faster, and cheaper products in established markets
Internet Correct answer-a massive network that connects computers all over the world and allows
them to communicate with one another
World Wide Web (WWW) Correct answer-provides access to Internet information through
documents such as text, graphics, and audio/video files that use a special formatting language called
Hypertext Markup Language
Hypertext Markup Language (HTML) Correct answer-publishes hypertext on the WWW, which
allows users to move from one document to another simply by clicking a hot spot or link
HTML 5 Correct answer-associated with animations, music, and movies. Can be used to build
complicated apps on PCs, tablets, and smartphones
Hypertext Transfer Protocol (HTTP) Correct answer-the internet protocol web browsers use to
request and display web pages using universal resource locators (URLs)
Web browser Correct answer-Allows users to access the WWW (Ex: Internet Explorer, Safari,
Google Chrome)
Universal Resource Locator (URL) Correct answer-the address of a file or resource on the web such
as www.apple.com
Web 1.0 (Business 1.0) Correct answer-a term to refer to the World Wide Web during its first few
years of operation between 1991 and 2003
Ecommerce Correct answer-The buying and selling of goods over the Internet. This only refers to
online transactions
Ebusiness Correct answer-Includes Ecommerce along with all activities related to internal and
external business operations such as servicing customer accounts, collaborating with partners, and
exchanging real-time information
Ebusiness advantages: Correct answer--expanding global reach
-opening new markets
-reducing costs
-improving operations
-improving effectiveness
Intermediaries Correct answer-agents, software, or businesses that provide a trading infrastructure
to bring buyers and sellers together
, Disintermediation Correct answer-occurs when a business sells directly to the customer online and
cuts out the intermediary
Reintermediation Correct answer-steps are added to the value chain as new players find ways to
add value to the business process
Cybermediation Correct answer-refers to the creations of new kinds of intermediaries that simply
could not have existed before the advent of ebusiness, including comparison shopping sites such as
Kelkoo and bank account aggregation services such as Citibank
Web 2.0 (Business 2.0) Correct answer-The next generation of Internet use—a more mature,
distinctive communications platform characterized by new qualities such as collaboration, sharing,
and free.
explicit knowledge Correct answer-consists of anything that can be documented, archived, or
confided, often with the help of MIS
Tacit knowledge Correct answer-Knowledge contained in people's head
Crowdfunding Correct answer-raising money for a project or venture by obtaining many small
amounts of money from many people
asynchronous communication Correct answer-communication such as email in which the message
and the response do not occur at the same time, there is that lag in between.
synchronous communication Correct answer-Something that was brought by Business 2.0. It is
communications that occur at the same time such as IM or texting
Tags Correct answer-Specific keywords or phrases incorporated into website content for means of
classification or taxonomy
Social networking Correct answer-the practice of expanding your business/social contacts by
constructing a personal network
Folksonomy Correct answer-similar to taxonomy except that crowdsourcing determines the tags or
keyword-based classification system
website bookmark Correct answer-locally stored URL or the address of a file or internet page saved
as a shortcut
Social bookmarking Correct answer-allows users to share, organize, search, and manage
bookmarks
Blog Correct answer-an online journal that allows users to post their own comments, graphics, and
videos.
wiki Correct answer-Collaborative Website that allows users to create, add to, modify, or delete the
Website content
Mashup Correct answer-content from one or more source to create a new product or service