Question 1

_____ uses web-based systems to enable all types of organizations to improve the efficiency of their purchasing processes.&#10;A) E-procurement&#10;B) E-tailing&#10;C) Factoring&#10;D) Accrual accounting

Accepted Answer

E-procurement refers to the use of web-based systems to improve the efficiency of purchasing processes, allowing organizations to streamline their procurement processes by automating manual tasks, reducing paperwork and errors, and cutting costs. E-tailing refers to the sale of goods and services over the internet to end consumers, while factoring refers to the process of selling accounts receivable to a third-party financial institution at a discounted rate in order to obtain cash flow. Accrual accounting is a method of accounting that recognizes revenue and expenses as they are earned or incurred, regardless of when payment is received or made.

Question 2

Which of the following variants of extranet has functions similar to a private exchange but limits users to an organization's employees or members?&#10;A) Malware&#10;B) Electronic data interchange&#10;C) Virtual private network&#10;D) Intranet

Accepted Answer

An intranet is a private network that is only accessible to an organization's employees or members. It functions similarly to a private exchange by allowing secure communication and collaboration among internal users, but it is not accessible to external partners or customers. Malware, electronic data interchange (EDI), and virtual private network (VPN) are not variants of extranet.

Question 3

Sites such as Amazon.ca can be categorized as _____.&#10;A) marketing websites&#10;B) corporate websites&#10;C) phishing websites&#10;D) podcasting websites

Accepted Answer

Amazon.ca is a marketing website, as it is primarily used for promoting and selling products to consumers. Corporate websites are typically used to provide information about a company or organization, phishing websites are used to trick users into giving sensitive information, and podcasting websites are used for hosting and sharing audio content. Sites like Amazon.ca are primarily designed to market and sell products to consumers, making them marketing websites.

Question 4

A customer viewing the Honda website cannot actually purchase a Honda car from the website. The customer, however, can purchase the same car online from Craigslist. This makes Craigslist a(n) _____.&#10;A) archive site&#10;B) shopping site&#10;C) showcase site&#10;D) phishing site

Accepted Answer

Craigslist is a shopping site where customers can purchase products, including Honda cars, directly from sellers. The Honda website is a showcase site that provides information about the cars but does not facilitate direct online sales. The other options do not apply in this scenario.

Question 5

Gina is an alumnus of Tristin University. Since she is a former student, she is able to access the university's website for details about its alumni programs, university functions, and placement programs. Tristin University's website is an example of a(n) _____.

A) virtual private network
B) private exchange
C) extranet
D) intranet

Accepted Answer

Tristin University's website is accessible to external parties (alumni), which means it is an extranet. A virtual private network (A) is a network that uses the Internet to provide remote users with secure access to an organization's network. A private exchange (B) is an online marketplace where businesses can buy and sell goods and services. An intranet (D) is a private network that is only accessible to members of an organization.

Question 6

The private key in the secure sockets layer (SSL) software is used to _____.&#10;A) disseminate information&#10;B) encrypt information&#10;C) decipher information&#10;D) add information

Accepted Answer

The private key in SSL is used to decipher information. SSL uses a combination of public key and private key encryption, where the public key is used to encrypt information sent to the server, and the private key is used by the recipient (server) to decrypt this information.

Question 7

Which of the following countries is included in the top five e-commerce countries ranked based on their year-over-year e-commerce growths?&#10;A) North Korea&#10;B) South Africa&#10;C) India&#10;D) China

Accepted Answer

China is ranked as the top e-commerce country based on its year-over-year e-commerce growth.

Question 8

Zathcane Inc. is a garment manufacturing company. Its website has all the details about its products. However, the customers cannot buy these products through the website. They can only buy them in its store. In this scenario, Zathcane Inc.'s website is a(n) _____.

A) archive website
B) marketing website
C) phishing website
D) informational website

Accepted Answer

Zathcane Inc.'s website provides information about its products but does not have any e-commerce functionality. Therefore, it can be classified as an informational website.

Question 9

Which of the following is a similarity between a corporate website and an informational website?&#10;A) Both allow users to upload media.&#10;B) Neither allows online product purchasing.&#10;C) Neither gives product details.&#10;D) Both help connect one business to another.

Accepted Answer

Both a corporate website and an informational website may not necessarily allow for online product purchasing. Corporate websites often focus on providing information about the company, its values, mission, and services, while informational websites provide details on various topics, which may not include e-commerce functionality.

Question 10

Lanetax Inc. is a footwear manufacturing company. It has launched a website where customers can buy its products. Lanetax Inc.'s website can be categorized as a(n) _____.&#10;A) digital assistant&#10;B) phishing site&#10;C) electronic storefront&#10;D) informational site

Accepted Answer

Lanetax Inc.'s website can be classified as an electronic storefront because it allows customers to purchase the company's products online. A digital assistant is a tool or program that utilizes artificial intelligence to assist users in completing certain tasks. A phishing site is a fake website designed to trick users into providing sensitive information. An informational site provides information about a particular topic or subject.

Deck 18: Trends in E-Commerce