Multiple choice questions:

1. What is the Internet?

a. A collection of related Web pages

b. A group of two or more computers connected by cables or other media

c. An e-business that provides offsite file storage services

d. A worldwide public network that links private networks

2. Access to the Internet and the Web has enabled companies to:

a. Redefine their value chains.

b. View their value chains as value networks of interconnected business relationships

c. Develop new ways of conducting business.

d. All of the choices are correct

3. The system that allows banks to transfer money electronically is:

a. A value-added network.

b. Electronic funds transfer (EFT).

c. Electronic data interchange (EDI).

d. Web hosting.

4. The Internet was originated in the late 1960s by scientists. The first network was called:

a. MILNET

b. Internet

c. ARPANET

d. NSFnet