Question 1

Which of the following describes e?commerce?

Accepted Answer

E-commerce specifically refers to doing business over electronic systems such as the internet. It encompasses a wide range of online business activities for products and services.

Question 2

Which segment do eBay, Amazon.com belong?

Accepted Answer

eBay and Amazon.com primarily operate in the Business-to-Consumer (B2C) segment, where businesses sell products or services directly to consumers.

Question 3

Which type of e?commerce focuses on consumers dealing with each other?

Accepted Answer

C2C, or Consumer-to-Consumer, e-commerce focuses on transactions between consumers, typically facilitated by a third-party platform or website.

Question 4

Which segment is eBay an example?

Accepted Answer

The answer of Which segment is eBay an example?
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Question 5

Which type deals with auction?

Accepted Answer

Auctions are typically C2C (Consumer to Consumer) transactions, where individuals sell goods or services to other individuals. This model is common on platforms like eBay, where users can list items for auction and other users can bid on them.

Question 6

In which website Global Easy Buy is facilitated?

Accepted Answer

Global Easy Buy is facilitated by eBay.com, allowing users to purchase items from the US and have them shipped internationally.

Question 7

The best products to sell in B2C e?commerce are:

Accepted Answer

The answer of The best products to sell in B2C...

Question 8

Whichproducts are people mostlikelytobe more uncomfortable buyingonthe Internet?

Accepted Answer

People are generally more uncomfortable buying furniture online due to the need to physically see and test the product for comfort and size, unlike books or movies which are standard products.

Question 9

Which products are people most likely to be comfortable buying on the Internet?

Accepted Answer

Books, PCs, and CDs are all products that consumers have become comfortable purchasing online due to the convenience, availability of reviews, and often better pricing.

Question 10

Digital products are bestsuited for B2C e?commerce because they:

Accepted Answer

Digital products are well-suited for B2C e-commerce because they can be mass-customized and personalized, are often considered commodity-like due to their wide availability and standardization, and most importantly, can be delivered instantly at the time of purchase, enhancing customer satisfaction and streamlining the sales process.

Question 11

The solution for all business needs is

Accepted Answer

The answer of The solution for all business needs is
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Question 12

Allofthe following are techniques B2Ce?commerce companies use toattract customers, except:

Accepted Answer

Virtual marketing is not a recognized term or technique in e-commerce for attracting customers. The other options are common strategies used by B2C e-commerce companies.

Question 13

Which is a function of E?commerce

Accepted Answer

E-commerce encompasses a wide range of functions including marketing, advertising, and warehousing. These activities are integral to the operation and success of online businesses.

Question 14

Which is not a function of E?commerce

Accepted Answer

Warehousing is a logistical function, not a direct function of e-commerce, which primarily involves online buying and selling activities.

Question 15

What are materialsthat are necessary forrunning a modern corporation, but do not relate to the company's primary business activities?

Accepted Answer

Indirect materials are necessary for the operation of a modern corporation but do not directly relate to the company's primary business activities. These could include office supplies, cleaning supplies, or any materials used in the maintenance and operation of the business that are not part of the final product or service.

Question 16

What are ballpoint pens purchased by a clothing company?

Accepted Answer

Ballpoint pens purchased by a clothing company are considered indirect materials because they are supplies used in the office or manufacturing process that do not become part of the final product.

Question 17

What is another name for?

Accepted Answer

The answer of What is another name for?
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Question 18

Most individuals are familiar with which formof e?commerce?

Accepted Answer

B2C (Business-to-Consumer) is the most familiar form of e-commerce for most individuals, as it involves transactions between businesses and the end consumers, such as online shopping.

Quiz 1: E-Commerce: Types, Segments, and Techniques