Question 1

Which of the following describes e-commerce?
A)doing business electronically
B)doing business
C)sale of goods
D)all of the above

Accepted Answer

E-commerce specifically refers to doing business electronically, such as buying and selling goods or services over the internet.

Question 2

Which of the following is part of the four main types for e-commerce?
A)b2b
B)b2c
C)c2b
D)all of the above

Accepted Answer

The four main types of e-commerce are Business to Business (B2B), Business to Consumer (B2C), Consumer to Business (C2B), and Consumer to Consumer (C2C). Therefore, all the options listed (B2B, B2C, C2B) are part of the four main types of e-commerce.

Question 3

Which segment do eBay, Amazon.com belong?
A)b2bs
B)b2cs
C)c2bs
D)c2cs

Accepted Answer

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

Question 4

Which type of e-commerce focuses on consumers dealing with each other?
A)b2b
B)b2c
C)c2b
D)c2c

Accepted Answer

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

Question 5

Which segment is eBay an example?
A)b2b
B)c2b
C)c2c
D)none of the above

Accepted Answer

The answer of Which segment is eBay an example?
A)b2b
B)c2b
C)c2c
D)none of...

Question 6

Which type deals with auction?
A)b2b
B)b2c
C)c2b
D)c2c

Accepted Answer

The answer of Which type deals with auction?
A)b2b
B)b2c
C)c2b
D)c2c...

Question 7

In which website Global Easy Buy is facilitated?
A)ebay.com
B)amazon.com
C)yepme.com
D)none of these

Accepted Answer

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

Question 8

The best products to sell in B2C e-commerce are:
A)small products
B)digital products
C)specialty products
D)fresh products

Accepted Answer

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

Question 9

Which products are people most likely to be more uncomfortable buying on the Internet?
A)books
B)furniture
C)movies
D)all of the above

Accepted Answer

Furniture is typically a product category where consumers may feel more uncomfortable making purchases online due to the desire to physically see, touch, and test the items before buying, as well as concerns about shipping and handling of large items.

Question 10

Which products are people most likely to be comfortable buying on the Internet?
A)books
B)pcs
C)cds
D)all of the above

Accepted Answer

Books, PCs, and CDs are all products that consumers have shown a high level of comfort purchasing online due to the ease of comparing prices, reading reviews, and the convenience of home delivery.

Question 11

Digital products are best suited for B2C e-commerce because they:
A)are commodity like products
B)can be mass-customized and personalized
C)can be delivered at the time of purchase
D)all of the above

Accepted Answer

Digital products are well-suited for B2C e-commerce because they can be treated as commodities, allowing for mass customization and personalization, and they can be delivered instantly at the time of purchase.

Question 12

The solution for all business needs is
A)edi
B)erp
C)scm
D)none of the above

Accepted Answer

ERP (Enterprise Resource Planning) is a software system that integrates all aspects of a business, including accounting, manufacturing, sales, and customer service.

Question 13

All of the following are techniques B2C e-commerce companies use to attract customers, except:
A)registering with search engines
B)viral marketing
C)online ads
D)virtual marketing

Accepted Answer

Virtual marketing is not a recognized term or technique in the context of B2C e-commerce strategies. The other options are common methods used to attract customers.

Question 14

Which is a function of E-commerce
A)marketing
B)advertising
C)warehousing
D)all of the above

Accepted Answer

E-commerce encompasses a wide range of activities including marketing, advertising, and warehousing, as it involves the buying and selling of goods and services, along with the transfer of funds or data, over an electronic network, primarily the internet. These activities are integral parts of the e-commerce process.

Question 15

Which is not a function of E-commerce
A)marketing
B)advertising
C)warehousing
D)none of the above

Accepted Answer

Warehousing is a logistical function, not a direct function of e-commerce, which primarily involves online marketing, advertising, and sales transactions.

Question 16

What is the percentage of customers who visit a Web site and actually buy something called?
A)affiliate programs
B)click-through
C)spam
D)conversion rate

Accepted Answer

The percentage of customers who visit a website and actually make a purchase is referred to as the conversion rate. This metric is crucial for understanding the effectiveness of a website in converting visitors into buyers.

Question 17

What are materials that are necessary for running a modern corporation, but do not relate to the company's primary business activities?
A)direct materials
B)indirect materials
C)edi
D)none of the above

Accepted Answer

Indirect materials are necessary for the overall operation of a corporation but do not directly relate to the company's primary business activities. These can include office supplies, cleaning supplies, and other materials used in the maintenance and administration of the business, rather than in the production of the goods or services the company primarily sells.

Question 18

What are ballpoint pens purchased by a clothing company?
A)direct materials
B)indirect materials
C)edi
D)none of the above

Accepted Answer

Ballpoint pens purchased by a clothing company are considered indirect materials because they are not directly incorporated into the final product but are used in the general operations of the company.

Question 19

What is the process in which a buyer posts its interest in buying a certain quantity of items, andsellers compete for the business by submitting successively lower bids until there is only oneseller left?
A)b2b marketplace
B)intranet
C)reverse auction
D)internet

Accepted Answer

A reverse auction is a type of auction in which the roles of buyer and seller are reversed. In this process, a buyer posts a requirement for a specific quantity of goods or services, and sellers compete to offer the lowest price, thereby driving down the price.

Question 20

Most individuals are familiar with which form of e-commerce?
A)b2b
B)b2c
C)c2b
D)c2c

Accepted Answer

B2C, or 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

Which of the following describes e-commerce?

Which of the following is part of the four main types for e-commerce?

Which segment do eBay, Amazon.com belong?

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

Which segment is eBay an example?

Which type deals with auction?

In which website Global Easy Buy is facilitated?

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

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

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

Digital products are best suited for B2C e-commerce because they:

The solution for all business needs is

All of the following are techniques B2C e-commerce companies use to attract customers, except:

Which is a function of E-commerce

Which is not a function of E-commerce

What is the percentage of customers who visit a Web site and actually buy something called?

What are materials that are necessary for running a modern corporation, but do not relate to the company's primary business activities?

What are ballpoint pens purchased by a clothing company?

What is the process in which a buyer posts its interest in buying a certain quantity of items, andsellers compete for the business by submitting successively lower bids until there is only oneseller left?

Most individuals are familiar with which form of e-commerce?