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Exam 7: E-Business and E-Commerce

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Question 61

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Reverse auctions typically result in ___ prices over time.

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verified

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Question 62

Multiple Choice

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With ________,transactions are conducted efficiently because buyers and sellers all meet in one place.

A) bartering online
B) electronic exchanges
C) group purchasing
D) product customization

E) C) and D)
F) A) and B)

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Question 63

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The web makes disintermediation easier,particularly for online services.

_________ are/is unsolicited e-mail.

An RFQ is associated with a reverse auction.

Amazon Business stays competitive in niche markets by using a long tail strategy.

___ is the process of buying,selling,transferring,or exchanging products,services,or information through computer networks.

Stripe is not a payment gateway provider because it does not require merchants to register or maintain a merchant account.

_________ is similar to eBay.

You own a restaurant in New York City.This is an example of a _________ organization.

Thumbtack is striving to create efficiencies in the _________ commerce marketplace.

B2B typically has margins of 2-4 percent; Amazon _________ make money ________.

Grainger is Amazon Business's main competitor.

With ________,an intermediary administers online exchange of surplus products or the company receives "points" for its contribution,which it can use to purchase other needed items.

What is Bitcoin? How is Bitcoin different from traditional currency? Have you used Bitcoins (why or why not)? Why are Bitcoins so volatile?

An electronic tendering system uses _________ with a _________ auction mechanism.

Most states require Amazon to collect sales taxes.

_________ appear(s) in front of the current browser window.

Viral marketing refers to online,word-of-mouth marketing and is closely related to using social media for marketing purposes.

Stripe's _________ places ads inside thousands of apps so customers can buy products within the ads themselves.