Multiple Choice

1.E-business includes:

a.IT

b.Web

c.Both

d.None

2.Types of E-commerceinclude:

a.B2C

b.G2B

c.B2B

d.All the above

3.A Digital markets reduce

a.Information asymmetry

b.Search costs

c.Transaction cost

d.Price discrimination

True or False

1.E-commerce: All electronically mediated information exchanges between an organization and its external stakeholders' Equity.

2.The Bricks-and clicks businesses Operation both online and in a physical space.

3.Partially-engaged models; Some of the product or service is available online, but not all only the products suitable to be sold on the internet are available.

4.Digital markets enable Price discrimination and information asymmetry.

5.E-business: All electronically mediated information exchanges, both within an organization and with external stakeholders supporting the range of business processes.

6.Large increases in information density: the total amount and quality of information available to all market participants.

7.Richness refers to Internet/Web technology available everywhere: work, home, and so on, anytime.