1)The internets universal standards can change industry structure by decreasing barriers to entry and increasing competition within an industry

Select one:

True

False

2)E-commerce can be defined as:

a.

the use of any Internet technologies in a firm's daily activities.

b.

the digital enablement of transactions and processes within an organization.

c.

the use of the Internet, the Web, and mobile apps to transact business.

d.

any digitally enabled transactions among individuals and organizations.

3)Portals primely generate revenue in all of the following ways except:

a.

collecting transaction fees

b.

charging subscription fees

c.

Charging advertisers for Ad placement

d.

sales of goods

4)In the _____________ business model, a web based business builds a digital environment in which buyers and sellers can meet, display products, search for products and establish prices.

a.

E-Tailer

b.

community provider

c.

Portal

d.

market creator

5)What is the primary revenue model for an E-Distributer?

a.

Transaction Fees

b.

Advertising

c.

Sales

d.

Subscription

6)An online retailer develops a web site , it's employees can use to write formal memoranda, file reports to senior officers, and process orders for office supplies. This is an________________ .

a.

E-Business

b.

E-Business & E-Commerce

c.

B2B

d.

E-Commerce

7)E-Commerce has decreased price competition in nearly all markets

Select one:

True

False

8)A student purchase and download music recordings from a company's web site. This is an example of ________________.

a.

C2C

b.

B2B

c.

E-Business

d.

B2C