5. Which of the following features of internet-based business have an impact on
ID: 1157295 • Letter: 5
Question
5.
Which of the following features of internet-based business have an impact on the models adopted by businesses?
a.
speed and convenience
b.
customization
c.
media flexibility
d.
redefinition of product value
e.
all of the above
6.
Which of the following is true of sell-side procurement systems?
a.
They involve systems that fully automate purchases by staff and involve electronic contact with outside suppliers.
b.
They involve the selling end of the supply chain, which consists of customers and the processes that connect with them.
c.
They automate transactions involved with selling products to an organization’s suppliers.
d.
They connect an organization’s suppliers directly to its customers.
e.
They have no direct link to the systems of an organization’s suppliers or customers.
7.
Ebusiness can be defined as:
a.
the use of technology to connect with customers and suppliers.
b.
the use of technology to reduce costs and/or increase profits.
c.
online advertising and webpages.
d.
using electronic networks to reach new markets.
e.
all of the above.
8.
Ebusiness models that have been tried in the past number of years have focused on:
a.
speed, convenience, customization, and flexibility.
b.
speed, convenience, mass marketing, and online selling.
c.
convenience, customization, flexibility, and email campaigns.
d.
establishing businesses as bricks-based enterprises.
e.
integration of supply chain management and public relations.
9.
Business to consumer electronic commerce focuses primarily on:
a.
gathering marketing data on web users to sell products.
b.
developing a valuable subscriber list that has tremendous value.
c.
getting consumers involved in entering data online.
d.
assisting customers to efficiently find, purchase, and receive goods.
e.
closing expensive bricks stores and using more digital technology.
10.
The business to business arena of electronic commerce can be described as:
a.
using the internet to invest in other companies.
b.
pooling together resources so that small businesses can compete.
c.
ecommerce transactions between customers and companies.
d.
electronic transactions between businesses in the same area.
e.
electronic transactions between businesses, primarily through the internet.
5.
Which of the following features of internet-based business have an impact on the models adopted by businesses?
a.
speed and convenience
b.
customization
c.
media flexibility
d.
redefinition of product value
e.
all of the above
Explanation / Answer
ANSWER:
5) The correct answer is e because it is a fact
6) The correct answer is b because sell side includes selling while options other then b has nothing to do with selling.
7) The correct answer is e because it is the definition of e business.
8) The correct answer is a because it is a fact that e business has these 4 things.
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