Course BGMT-309-30
Test Quiz_1
Started 12/12/16 4:13 PM
Submitted 12/12/16 4:21 PM
Status Completed
Attempt Score 9.5 out of 10 points
Time Elapsed 7 minutes out of 40 minutes
Results Displayed All Answers, Submitted Answers, Correct Answers, Incorrectly Answered Questions
  • Question 1

0 out of 0.5 points

Amazon.com can be classified as a click-and-mortar organization.
Selected Answer:  True
Answers: True
 False
  • Question 2

0.5 out of 0.5 points

Electronic exchange is the process of buying, selling, or exchanging products, services, or information via computer.
Selected Answer:  False
Answers: True
 False
  • Question 3

0.5 out of 0.5 points

In order for a situation to be considered as electronic commerce, the product, process, and delivery method should all be digital.
Selected Answer:  False
Answers: True
 False
  • Question 4

0.5 out of 0.5 points

Using Web 2.0 tools, companies can
Selected Answer:  

do all of these.

Answers: encourage consumers to rate and comment on products.
allow consumers to create their own topic areas and build communities.
provide incentives such as sweepstakes and contests for customers to get involved in new product or service design and marketing campaigns.
 

do all of these.

  • Question 5

0.5 out of 0.5 points

A network that uses the Internet to link multiple intranets best defines
Selected Answer:  

extranet.

Answers: corporate net.
collaboration network.
 

extranet.

relational network.
  • Question 6

0.5 out of 0.5 points

The e-commerce model in which all of the participants are businesses or other organizations is called
Selected Answer:  

business-to-business.

Answers: business-to-consumer.
 

business-to-business.

business-to-business-to-consumer.
consumer-to-consumer.
  • Question 7

0.5 out of 0.5 points

Which of the following is not a major revenue model?
Selected Answer:  

attributive fee

Answers:  

attributive fee

sales
transaction fees
subscription fees
  • Question 8

0.5 out of 0.5 points

According to the ________ revenue model, companies receive commissions for referring customers to others’ EC Web sites.
Selected Answer:  

affiliate fees

Answers: advertising fees
subscription fees
 

affiliate fees

transaction fees
  • Question 9

0.5 out of 0.5 points

A user-defined world in which people can interact, play, and do business best describes
Selected Answer:  

virtual world.

Answers:  

virtual world.

virtual business.
virtual model.
cyberspace.
  • Question 10

0.5 out of 0.5 points

The process of buying, selling, or exchanging products, services, or information via the computer best defines
Selected Answer:  

electronic commerce.

Answers: electronic collaboration.
 

electronic commerce.

Tweeting.
cyber sales.
  • Question 11

0.5 out of 0.5 points

Digital economy refers to an economy based on digital communication networks, computers, software, and other related information technologies that provide a global platform over which people and organizations interact, communicate, collaborate, and search for information.
Selected Answer:  True
Answers:  True
False
  • Question 12

0.5 out of 0.5 points

A broader definition of EC that includes not just the buying and selling of goods and services, but also servicing customers, collaborating with business partners, and conducting electronic transactions within an organization best defines
Selected Answer:  

e-business.

Answers:  

e-business.

e-tailing.
e-collaboration.
cyber business.
  • Question 13

0.5 out of 0.5 points

Transactions conducted on Priceline.com are examples of collaborative commerce.
Selected Answer:  False
Answers: True
 False
  • Question 14

0.5 out of 0.5 points

A category of Internet applications that helps connect friends, business partners, or individuals with specific interests by providing free services such as photo presentation, e-mail, blogging, and so on using a variety of tools best describes
Selected Answer:  

social networking.

Answers:  

social networking.

public networking.
intranet.
extranet.
  • Question 15

0.5 out of 0.5 points

Which of the following is a technological limitation of EC?
Selected Answer:  

order fulfillment requirements of large-scale B2C

Answers: security and privacy concerns that deter customers from buying
difficulty obtaining venture capital
 

order fulfillment requirements of large-scale B2C

unresolved taxation, public policy, and legal issues
  • Question 16

0.5 out of 0.5 points

A ________ is a company’s method of doing business to generate revenue to sustain itself.
Selected Answer:  

business model

Answers: marketing strategy
 

business model

value chain
business plan
  • Question 17

0.5 out of 0.5 points

Dell collaborating electronically with its partners and providing customer service online is an example of
Selected Answer:  

e-CRM.

Answers: B2C.
 

e-CRM.

C2B.
B2B2C.
  • Question 18

0.5 out of 0.5 points

The terms e-commerce and e-business can be used interchangeably.
Selected Answer:  True
Answers:  True
False
  • Question 19

0.5 out of 0.5 points

Old-economy organizations that perform their primary business offline, selling physical products by means of physical agents best defines
Selected Answer:  

brick-and-mortar organizations.

Answers: click-and-mortar organizations.
pure-play organizations.
classic commerce organizations.
 

brick-and-mortar organizations.

  • Question 20

0.5 out of 0.5 points

According to the ________ revenue model, customers pay a fixed amount, usually monthly, to receive some type of service.
Selected Answer:  

subscription fees

Answers:  

subscription fees

transaction fees
advertising fees
affiliate fees