Podcast
Questions and Answers
What is the primary purpose of e-commerce?
What is the primary purpose of e-commerce?
- To enable electronic funds transfers between private networks
- To facilitate the exchange of funds or data over a computer network (correct)
- To conduct a sequence of logical activities and transactions
- To manage business operations through a computer-mediated network
What is the definition of a transaction in the context of e-commerce?
What is the definition of a transaction in the context of e-commerce?
- The exchange of value, such as a purchase, sale, or conversion of raw material into a finished product (correct)
- The electronic transmission of account exchange information over private networks
- Any process that a business organization conducts over a computer-mediated network
- A group of logical and sequential activities and transactions that businesses engage in
Which category of e-commerce involves businesses selling to individual consumers?
Which category of e-commerce involves businesses selling to individual consumers?
- Consumer to Consumer (C2C)
- Business to Business (B2B)
- Electronic Funds Transfer (EFT)
- Business to Consumer (B2C) (correct)
Which category of e-commerce involves participants in an online marketplace buying and selling goods to each other?
Which category of e-commerce involves participants in an online marketplace buying and selling goods to each other?
What is the definition of e-business?
What is the definition of e-business?
What is the definition of Electronic Funds Transfer (EFT)?
What is the definition of Electronic Funds Transfer (EFT)?
What was the primary focus of Amazon when it was founded in 1995?
What was the primary focus of Amazon when it was founded in 1995?
What was the impact of the dot-com bubble burst in 1999-2000?
What was the impact of the dot-com bubble burst in 1999-2000?
What was the impact of the launch of the iPhone in 2007?
What was the impact of the launch of the iPhone in 2007?
What was the impact of the COVID-19 pandemic in 2020?
What was the impact of the COVID-19 pandemic in 2020?
What was the impact of the launch of Amazon Prime in 2014?
What was the impact of the launch of Amazon Prime in 2014?
What was the impact of the rise of social media commerce (social commerce) in the 2010s?
What was the impact of the rise of social media commerce (social commerce) in the 2010s?
Which of the following is NOT an example of a continuous evolution of E-commerce Trends?
Which of the following is NOT an example of a continuous evolution of E-commerce Trends?
What is the primary purpose of a Revenue Model in E-commerce?
What is the primary purpose of a Revenue Model in E-commerce?
Which of the following is a disadvantage of E-commerce mentioned in the text?
Which of the following is a disadvantage of E-commerce mentioned in the text?
What is the primary role of Merchandising in E-commerce?
What is the primary role of Merchandising in E-commerce?
What does the acronym 'SWOT' stand for in the context of E-commerce?
What does the acronym 'SWOT' stand for in the context of E-commerce?
Which of the following is NOT a benefit of E-commerce mentioned in the text?
Which of the following is NOT a benefit of E-commerce mentioned in the text?
In the evolution of E-Commerce, what milestone in the 1960s laid the foundation for digital commerce communication?
In the evolution of E-Commerce, what milestone in the 1960s laid the foundation for digital commerce communication?
Which event in 1971 paved the way for the internet and enabled the possibility of online transactions?
Which event in 1971 paved the way for the internet and enabled the possibility of online transactions?
Who is credited with inventing the first user-friendly web browser that boosted web traffic and online shopping potential in 1994?
Who is credited with inventing the first user-friendly web browser that boosted web traffic and online shopping potential in 1994?
Which development in 1982 introduced the concept of online marketplaces to a wider audience?
Which development in 1982 introduced the concept of online marketplaces to a wider audience?
What system, invented by Michael Aldrich in 1979, allowed users to order products from their home computers using a TV as a display?
What system, invented by Michael Aldrich in 1979, allowed users to order products from their home computers using a TV as a display?
Which significant event in 1991 opened the internet to the public, triggering the exponential growth of E-commerce?
Which significant event in 1991 opened the internet to the public, triggering the exponential growth of E-commerce?
What is the first step in conducting a SWOT analysis?
What is the first step in conducting a SWOT analysis?
Which of the following is an example of an internal weakness in a SWOT analysis?
Which of the following is an example of an internal weakness in a SWOT analysis?
What do the external factors in a SWOT analysis represent?
What do the external factors in a SWOT analysis represent?
Which of the following is an example of an opportunity in a SWOT analysis?
Which of the following is an example of an opportunity in a SWOT analysis?
What is the purpose of conducting a SWOT analysis?
What is the purpose of conducting a SWOT analysis?
Which of the following is NOT an example of a strength in a SWOT analysis?
Which of the following is NOT an example of a strength in a SWOT analysis?
