Podcast
Questions and Answers
Which of the following is NOT a unique feature of the Internet and Web as a commercial medium?
Which of the following is NOT a unique feature of the Internet and Web as a commercial medium?
- Global reach
- Information density
- Ubiquity
- Physical presence (correct)
What is the term for e-commerce transactions between a purchasing organization and its suppliers?
What is the term for e-commerce transactions between a purchasing organization and its suppliers?
- Intermediary e-commerce
- Sell-side e-commerce
- Buy-side e-commerce (correct)
- Consumer-to-consumer e-commerce
What is the term for e-commerce transactions between a supplier organization and its customers?
What is the term for e-commerce transactions between a supplier organization and its customers?
- Intermediary e-commerce
- Buy-side e-commerce
- Sell-side e-commerce (correct)
- Consumer-to-consumer e-commerce
What is the annual growth rate of e-commerce sales in most countries?
What is the annual growth rate of e-commerce sales in most countries?
What is digital business?
What is digital business?
Study Notes
E-commerce Fundamentals
- One unique feature of the Internet and Web as a commercial medium is interactivity, which allows for two-way communication between the business and the customer.
- Business-to-Business (B2B) e-commerce refers to e-commerce transactions between a purchasing organization and its suppliers.
- Business-to-Consumer (B2C) e-commerce refers to e-commerce transactions between a supplier organization and its customers.
- The annual growth rate of e-commerce sales in most countries is 15-20%.
- Digital business refers to the use of digital technologies to create new or modify existing business models, and can include e-commerce, digital marketing, and digital communication.
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Description
Test your knowledge on the unique features of the Internet and Web as a commercial medium, as well as the concepts of e-commerce and digitally mediated information exchanges. Explore topics such as ubiquity, global reach, interactivity, and personalization in this quiz on digital business and e-commerce management.
