Description : What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left? a. B2B marketplace b. Intranet c. Reverse auction d. Internet
Last Answer : c. Reverse auction
Description : Unique value auction is mainly applies to? a. New products b. Second hand products c. Engineering products d. None of the above
Last Answer : b. Second hand products
Description : Which type deals with auction? a. B2B b. B2C c. C2B d. C2C
Last Answer : d. C2C
Description : A business cannot be all things to all people. Instead, a business must: a. Identify target customers b. Identify the value of products/services as perceived by customers c. all of the above d. None of the above
Last Answer : c. all of the above
Description : Materials used in the normal operation of a business but not related to primary business operations are called what? a. Supplies b. Direct materials c. Indirect materials d. Daily stuff
Last Answer : c. Indirect materials
Description : What is another name for? a. Direct materials b. Indirect materials c. EDI d. None of the above
Last Answer : b. Indirect materials
Description : What are ballpoint pens purchased by a clothing company? a. Direct materials b. Indirect materials c. EDI d. None of the above
Description : 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
Description : What are materials used in production in a manufacturing company or are placed on the shelf for sale in a retail environment? a. Direct materials b. Indirect materials c. EDI d. None of the above
Last Answer : a. Direct materials
Description : ERP stands for a. Enterprise resolution planning b. Enterprise reverse planning c. Enterprise resource planning d. None of the above
Last Answer : c. Enterprise resource planning
Description : What is an intranet that is restricted to an organization and certain outsiders, such as customers and suppliers? a. Client/server network b. Intranet c. Extranet d. Thin client
Last Answer : c. Extranet
Description : When a transaction is processed online, how can the merchant verify the customer's identity? a. use secure sockets layers b. use secure electronic transactions c. use electronic data interchange d. use financial electronic data interchange
Last Answer : b. use secure electronic transactions
Description : A product or service that customers have come to expect from an industry, which must be offered by new entrants if they wish to compete and survive, is known as a(n)? a. Switching costs b. Loyalty programs c. Entry barriers d. Affiliate programs
Last Answer : c. Entry barriers
Description : The threat of new entrants is high when it is: a. Hard for customers to enter the market b. Hard for competitors to enter the market c. Easy for competitors to enter the market d. Easy for customers to enter the market
Last Answer : c. Easy for competitors to enter the market
Description : 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
Last Answer : d. Conversion rate
Description : 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
Last Answer : d. Virtual marketing
Description : Which form of e‐marketplace brings together buyers and sellers from multiple industries, often for MRO materials? a. horizontal b. Vertical c. Integrated d. Inclined
Last Answer : a. horizontal
Description : What is an arrangement made between e‐commerce sites that direct users from one site to the other? a. Spam b. Viral marketing c. Affiliate programs d. None of the above
Last Answer : c. Affiliate programs
Description : What is the name for direct computer‐to‐computer transfer of transaction information contained in standard business documents? a. internet commerce b. e‐commerce c. transaction information transfer d. electronic data interchange
Last Answer : d. electronic data interchange
Description : What is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e‐commerce or commerce‐related activities? a. Direct marketplace b. B2B c. B2C d. Electronic marketplace
Last Answer : d. Electronic marketplace
Description : Which type of products is lesser purchased using ecommerce? a. automobiles b. books c. softwares d. none
Last Answer : a. automobiles
Description : Which of the following statements accurately reflect the impact of technology? a. Technology has caused buyer power to increase b. Technology has lessened the entry barriers for many industries c. Technology has increased the threat of substitute products and services d. all of the above
Last Answer : d. all of the above
Description : If the threat of substitute products or services is low it is a(n): a. Disadvantage to the supplier b. Advantage to the buyer c. Advantage to the supplier d. None of the above
Last Answer : c. Advantage to the supplier
Description : 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
Last Answer : d. All of the above
Description : Which products are people most likely to be comfortable buying on the Internet? a. Books b. PCs c. CDs d. All of the above
Description : 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
Last Answer : b. Furniture
Description : The best products to sell in B2C e‐commerce are: a. Small products b. Digital products c. Specialty products d. Fresh products
Last Answer : b. Digital products
Description : Credit Unions are better than banks because credit union are more tailored to their customers.?
Last Answer : Credit Unions are better than banks because credit union are more tailored to their customers.
Description : In a selling process in today's world 1. Only standard products are sold 2. No customization required 3. The seller need not have product knowledge 4. the seller should aim at customer satisfaction 5. only quantum of sales matters
Last Answer : the seller should aim at customer satisfaction
Description : In a selling process in today's world ______________ 1. only standard products are sold 2. no customization required 3. the seller need not have product knowledge 4. the seller should aim at customer satisfaction 5. only quantum of sales matters
Description : What is web hosting when it comes to creating a web page for a small internet auction site?
Last Answer : Any hosting site will take care of your hosting needs for running an auction. What you will want to do is find a software that allows you to run the auction, Magento is a good option for this.
Description : Many companies are moving to a new level in creating value for their customers. They are developing and deliveri are developing and delivering total customer experi ng total customer experiences. Whereas ... _____. a. product quality b. memorable memorable c. unsought product d. internal marketing
Last Answer : b. memorable memorable
Description : Marketing management is ________. A. Managing the marketing process B. Monitoring the profitability of the company's products and services C. Selecting target markets D. Developing ... , keeping, and growing customers through creating, delivering, and communicating superior customer value
Last Answer : E. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
Description : A marketer of industrial cleaning equipment is creating a marketing mix to satisfy potential customers. As a business to business marketer which of the following is LEAST likely to be ... -quality products C)Technical advice about the product D)Credit extension E)Extensive television advertising
Last Answer : E)Extensive television advertising
Description : The advantage of following the IEEE Standard for drawing up a Project Management Plan (SPMP) - see IEEE Standard 1059.1 1987 - is a) It is drawn up by representatives from major ... each organisation for a particular applicationarea, development team or technique. e) All of the above.
Last Answer : e) All of the above.
Description : Which of the following is not a feature of a transnational corporation? A. Decision making takes place at the local level. B. Nationals are typically hired to run operations in each country. C. ... are tailored to each country's culture. D. Products are manufactured only in the local country.
Last Answer : Products are manufactured only in the local country.
Description : According to promotional mix, method which focuses on building relationships with individual customers to maintain lasting relationship is called A. sales promotion B. offline promotion C. direct channeling D. direct marketing
Last Answer : D. direct marketing
Description : What price should I charge someone to design an e-commerce website?
Last Answer : answer:Heh, If I was using Joomla I'd be charging a lot, since I don't like Joomla ;^P In seriousness, it's hard to know how much to charge. I have run into this problem ... charged is for that specific set of requirements and that any additions not covered by the requirements will cost extra.
Description : The viruses spreads through‐‐‐‐‐‐‐‐‐‐‐‐‐ a. Mails b. Pen drives and cds c. Websites d. All the above
Last Answer : d. All the above
Description : The virus that are attached with vb and java files are called a. Macro b. Trojan horse c. Script virus d. None of the above
Last Answer : c. Script virus
Description : The virus that are commonly found in word documents are called‐‐‐‐‐‐‐‐‐‐‐‐‐‐ a. Macro b. Trojan horse c. Script virus d. None of the above
Last Answer : a. Macro
Description : During E‐commerce transaction we should ensure‐‐‐‐‐‐‐‐‐‐‐‐‐ a. Integrity b. Security c. Confidentiality d. All the above
Description : The study of encryption is called‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ a. Decryption b. Cryptography c. Firewall d. All the above
Last Answer : b. Cryptography
Description : Which will harm computer resources a. Worm b. Virus c. Trojan horse d. All the above
Description : Which one is not a layer of E‐commerce infrastructure a. Physical layer b. Product layer c. Service layer d. None
Last Answer : d. None
Description : Cyber slacking consists of what activities? a. Visiting “inappropriate” web sites b. Visiting news sites c. Chatting online with others about non‐work topics d. All of the above
Description : What is the legal protection afforded an expression of an idea, such as a song, video game, and some types of proprietary documents? a. Ethics b. Intellectual property c. Copyright d. Fair Use Doctrine
Last Answer : c. Copyright
Description : Public key cryptography is also known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐cryptography. a. Private key b. Symmetric c. Asymmetric d. None
Last Answer : c. Asymmetric
Description : Private Key cryptography is also known as ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐cryptography. a. Public key b. Symmetric c. Asymmetric d. None
Last Answer : b. Symmetric