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M1M2 - IT0041SUMATIV
IT0041
| Question | Answer |
|---|---|
| Which term refers to conducting all kinds of business online, including servicing customers and collaborating with partners? Group of answer choices E-commerce E-business Social commerce Digital economy | E-business |
| Which EC transaction type involves retail sales from businesses to individual shoppers? | B2C |
| Which business model charges a fee for making markets? Brokerage Merchant Affiliate Infomediary | Brokerage |
| Which category of EC refers to government transactions with businesses or citizens? Group of answer choices G2B and G2C B2E and B2C C2B and C2C B2B and B2C | G2B and G2C |
| Which generation of EC is based on Web 2.0 tools and social media? Group of answer choices EC 1.0 EC 2.0 EC 3.0 EC Plus | EC 2.0 |
| Which of the following is a characteristic of the digital economy? Group of answer choices Offline transactions only Based on physical marketplaces Economy driven by online transactions Excludes wireless communication networks | Economy driven by online transactions |
| Which EC model involves selling products online directly from manufacturer to customer? Group of answer choices Group purchasing Online direct marketing Electronic tendering Viral marketing | Online direct marketing |
| What percentage of EC volume is approximately B2B? Group of answer choices 50% 65% 85% 95% | 85% |
| Which EC category refers to transactions among various organizational departments? Group of answer choices B2E Intrabusiness EC C2C G2B | Intrabusiness EC |
| What does EDI stand for in the history of EC? Group of answer choices Electronic Data Interchange Electronic Digital Integration Electronic Document Interface Electronic Delivery Information | Electronic Data Interchange |
| A virtual reality platform allows users to create avatars and interact in a simulated environment. What is this called? Group of answer choices Social commerce Virtual world Extranet Intranet | Virtual world |
| A business uses Web 2.0 tools to allow customers to share reviews and collaborate online. Which generation of EC is this? Group of answer choices EC 1.0 EC 2.0 EC 3.0 EC Plus | EC 2.0 |
| A large corporation invites suppliers to submit bids for a contract through an online platform. Which EC model is being used? Group of answer choices Viral marketing Electronic tendering system Group purchasing Affiliate marketing | Electronic tendering system |
| A company resists adopting e-commerce due to fear of fraud and lack of skilled employees. What is this an example of? Group of answer choices EC benefits EC barriers EC drivers EC framework | EC barriers |
| A business buys raw materials from another company through an online marketplace. What type of EC transaction is this? Group of answer choices B2C B2B C2B G2B | B2B |
| A startup creates a social media campaign where customers share posts about its products, generating organic promotion. Which model is this? Group of answer choices Brokerage Viral marketing Infomediary Merchant | Viral marketing |
| A consumer posts a request for a custom-made product and businesses bid to fulfill it. Which EC category applies? Group of answer choices B2C C2B C2C B2B | C2B |
| A company pays website owners to display its ads and shares revenue from clicks. Which business model is this? Group of answer choices Affiliate Brokerage Merchant Advertising | Affliate |
| A local coffee shop wants to sell its products online directly to customers without intermediaries. Which EC model best fits this scenario? Group of answer choices Brokerage Online direct marketing Group purchasing Infomediary | Online direct marketing |
| A company integrates social media tools into its customer service strategy to engage users and resolve issues. Which concept is this? Group of answer choices Social business Digital enterprise Social computing Collaborative commerce | Social business |
| What is an intranet? Group of answer choices A public network connecting businesses globally A corporate internal network using Internet tools A network linking multiple organizations securely A virtual world for social networking | A corporate internal network using Internet tools |
| Which term refers to an economic system based on sharing goods and services among participants? Group of answer choices Digital economy Social commerce Sharing economy Collaborative commerce | Sharing economy |
| Which of the following is NOT a benefit of EC? Group of answer choices Increased market reach Reduced transaction costs Complete elimination of fraud Improved customer service | Complete elimination of fraud |
| Which EC model uses email and social networks for word-of-mouth advertising? Group of answer choices Viral marketing Group purchasing Electronic tendering Direct model | Viral marketing |
| Which of the following is NOT a major component of the EC framework? Group of answer choices People Public policy Infrastructure Physical retail stores | Physical retail stores |
| Which of the following is a major barrier to EC adoption? Group of answer choices Increased trust in technology Resistance to new technology Clear regulatory issues Abundance of skilled employees | Resistance to new technology |
| A business uses an extranet to securely share inventory data with suppliers. Which network type is this? Group of answer choices Internet Intranet Extranet Virtual world | Extranet |
| A government agency uses an online system to purchase IT equipment from private companies. Which EC type applies? Group of answer choices G2C G2B B2E C2B | G2B |
| Maria sells handmade crafts on eBay to other individuals. Which EC category does this represent? Group of answer choices B2B C2C B2C C2B | C2C |
| A ride-sharing app like Uber operates on a model where people share services using technology. What is this economic system called? Group of answer choices Digital enterprise Sharing economy Social commerce Collaborative commerce | Sharing economy |
| A freelance graphic designer uses an online platform to offer services to companies. Which EC category applies? C2C C2B B2C B2E | C2B |
| What is a virtual world also known as? Group of answer choices Social network Metaverse Digital economy Extranet | Metaverse |
| What does Electronic Commerce (EC) primarily refer to? Buying and selling goods offline Using the Internet and intranets to trade data, goods, or services Conducting face-to-face business transactions Delivering physical goods only | Using the Internet and intranets to trade data, goods, or services |
| A company uses blogs and wikis to collaborate on product design with its partners online. Which concept is applied? Group of answer choices Social computing Digital economy Sharing economy Affiliate marketing | Social computing |
| A company uses an internal network to share HR policies and payroll information with employees. What is this network called? Group of answer choices Internet Extranet Intranet Virtual world | Intranet |
| A government portal allows citizens to pay taxes online. What type of EC transaction is this? Group of answer choices B2C G2C C2B B2E | G2C |
| Which term refers to computing systems involving social interactions and behaviors? Social networking Social computing Digital enterprise Virtual world | Social computing |
| A business uses an online platform to buy office supplies from multiple vendors at discounted rates by pooling orders. Which model is this? Group of answer choices Group purchasing Viral marketing Direct model Infomediary | Group purchasing |
| Which of the following is an example of C2C e-commerce? Group of answer choices Dell selling computers to businesses Amazon selling books to consumers Individuals selling items on eBay A government portal providing tax services | Individuals selling items on eBay |
| A retailer partners with a manufacturer to sell products online and share profits. Which EC relationship does this describe? Group of answer choices Collaborative commerce C2C B2B2C Infomediary | B2B2C |
| Which of the following is NOT a type of portal mentioned in the module? Group of answer choices Commercial portal Corporate portal Virtual portal Voice portal | Virtual portal |
| Which of the following best describes a virtual community? Group of answer choices A group interacting physically in a store A group interacting via computer networks A group limited to offline communication A group of intermediaries only | A group interacting via computer networks |
| Which of the following refers to prices that fluctuate based on supply and demand? Fixed pricing Dynamic pricing Negotiated pricing Discount pricing | Dynamic pricing |
| A private e-marketplace owned by a single company is typically used for: Group of answer choices Government auctions Sell-side or buy-side transactions Public stock exchanges Crowdsourcing activities | Sell-side or buy-side transactions |
| What does e-bartering involve? Group of answer choices Exchange of goods and services online Selling goods at fixed prices Dynamic pricing through auctions Payment through credit cards only | Exchange of goods and services online |
| What is a penny auction? An auction where bids are free An auction where participants pay a small fee for each bid An auction with fixed prices An auction limited to one buyer and one seller | An auction where participants pay a small fee for each bid |
| Which of the following is considered a front-end component of an e-marketplace? Inventory management Payment gateway Accounting system Packaging and delivery | Payment gateway |
| Which of the following is a limitation of e-auctions? Group of answer choices Increased participation Minimal security Guaranteed authenticity No fraud risk | Minimal security |
| What is the main function of an electronic catalog? To process payments To advertise and promote products To manage inventory To provide shipment tracking | To advertise and promote products |
| Which technology supplements real-world environments with computer-generated input? Group of answer choices Virtual reality Augmented reality Crowdsourcing Semantic Web | Augmented reality |
| A buyer compares prices of smartphones across multiple websites using a mobile app. Which feature supports this activity? Dynamic pricing Price comparison service Auction engine Merchant software | Price comparison service |
| A company wants to allow customers to design their own sneakers online. Which feature is needed? Electronic catalog Product configuration (self-customization) Auction engine Shopping cart | Product configuration (self-customization) |
| A customer uses a site that shows competitor prices alongside its own. Which feature is being used? Dynamic pricing Price comparison Negotiated pricing Crowdsourcing | Price comparison |
| A social networking site allows users to create profiles, share content, and connect with others. Which type of community is this? Transaction community Social network Fantasy community Knowledge portal | Social network |
| A company plans to build a future platform where machines and humans interact symbiotically. Which web generation does this describe? Web 2.0 Web 3.0 Web 4.0 Web 5.0 | Web 4.0 |
| A buyer joins an online group to discuss camera features before purchasing. What is this group called? Group of answer choices Virtual community Internet mall Web portal Crowdsourcing platform | Virtual community |
| A customer abandons a shopping cart because the site lacks secure payment options. Which component is missing? Group of answer choices Front end Back end Payment gateway Auction engine | Payment gateway |
| A customer uses voice commands on a smartphone to search for nearby restaurants. Which search type is this? Group of answer choices Visual search Voice-powered search Enterprise search Desktop search | Voice-powered search |
| A business wants to provide employees secure access to internal reports through a single web interface. Which portal type is suitable? Group of answer choices Commercial portal Corporate portal Mobile portal Publishing portal | Corporate portal |
| What is a microsite? A small physical store A supplementary webpage external to the main website A type of search engine A payment processing system | A supplementary webpage external to the main website |
| What is the primary purpose of an e-marketplace? To provide physical meeting spaces To enable transactions between buyers and sellers online To store physical goods To eliminate intermediaries completely | To enable transactions between buyers and sellers online |
| Which of the following is an example of a public e-marketplace? dell.com target.com Stock exchange starbucks.com | Stock exchange |
| What is crowdsourcing primarily used for? Selling products directly Collective problem-solving and innovation Eliminating intermediaries Creating virtual worlds | Collective problem-solving and innovation |
| Which search type involves looking for documents on the Web? Enterprise search Desktop search Internet/Web search Visual search | Internet/Web search |
| What is the primary role of intermediaries in e-commerce? To eliminate sellers To manage physical warehouses To match buyers and sellers and provide escrow services To create product catalogs | To match buyers and sellers and provide escrow services |
| What is the main feature of avatars in virtual worlds? They are static images They represent users in 2D or 3D environments They cannot move or interact They are used only in social networks | They represent users in 2D or 3D environments |
| Which of the following is NOT a major electronic commerce activity? \ Information dissemination Online trading Physical store management Collaboration | Physical store management |
| A company wants to create an online mall where multiple sellers can display their catalogs. Which platform should it build? Webstore E-mall Microsite Corporate portal | E-mall |
| A customer visits an online store, adds items to a virtual basket, and proceeds to checkout. Which tool enables this process? Search engine Shopping cart Auction engine Payment gateway | Shopping cart |
| A company wants to sell customized laptops directly to consumers through its own website. Which type of e-marketplace is this? Public e-marketplace Private sell-side e-marketplace Buy-side e-marketplace Consortium marketplace | Private sell-side e-marketplace |
| A user participates in an auction where each bid requires a small fee. Which auction type is this? Reverse auction Penny auction Dutch auction Negotiated auction | Penny auction |
| A user searches for antique furniture on a site where sellers bid for the buyer’s order. Which auction type is this? One seller, many buyers One buyer, many sellers Many sellers, many buyers Penny auction | One buyer, many sellers |
| A business wants to make its web applications smarter and more interactive using semantic technologies. Which web generation is this? Web 2.0 Web 3.0 Web 4.0 Web 5.0 | Web 3.0 |
| A business needs to purchase raw materials from multiple suppliers through an online platform. Which model applies? Group of answer choices Sell-side marketplace Buy-side marketplace Public auction Internet mall | Buy-side marketplace |
| Which of the following is a key feature of Web 3.0? Static web pages Intelligent-based powerful search engines Limited user interaction No semantic understanding | Intelligent-based powerful search engines |
| Which tool allows customers to accumulate items before checkout? Search engine Shopping cart Auction engine Payment gateway | Shopping cart |
| A business wants to gather innovative ideas for a new product by inviting suggestions from thousands of users online. Which concept applies? Augmented reality Crowdsourcing Dynamic pricing Web portal | Crowdsourcing |
| A company wants to create a small website to promote a new product line without changing its main site. What should it use? Group of answer choices Web portal Microsite Internet mall Virtual community | Microsite |
| A company wants to enhance its website with technology that overlays product details on real-world images via a smartphone camera. Which technology applies? Virtual reality Augmented reality Semantic Web Crowdsourcing | Augmented reality |
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