E-Business Impact & Transformation Quiz
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Questions and Answers

Which of the following is a marketing strategy used in E-Business according to the text?

  • Reducing inventory management
  • Using smart cards for payments
  • Implementing offline sales exclusively
  • Cross merchandising (correct)

What is one of the impacts of E-Business on operational efficiency?

  • Reduced data sharing
  • Decreased competitive position
  • Increased operational costs
  • Improved competitive position (correct)

What is one advantage of E-Commerce technology mentioned in the text?

  • Acquiring high labor costs
  • Impersonal interaction
  • Breaking geographical barriers (correct)
  • Creating barriers in communication

Which statement represents a disadvantage of E-Payment Systems as per the text?

<p>Vulnerability to cybercriminals (D)</p> Signup and view all the answers

In the context of E-Commerce technology, what does 'ubiquity' refer to?

<p>Power of accessibility (B)</p> Signup and view all the answers

One of the advantages of E-Business mentioned in the text is:

<p>Improved sales support (D)</p> Signup and view all the answers

What is an example of an element of Electronic Business discussed in the text?

<p>Broadband Content creation technologies (C)</p> Signup and view all the answers

Which aspect does E-Business focus on according to the text?

<p>Reaching people to governance (C)</p> Signup and view all the answers

What is the purpose of a Client Resource Management system in Electronic Business?

<p>Facilitate enterprise dealings with customers (C)</p> Signup and view all the answers

What does ERP stand for in the context of Electronic Business?

<p>Enterprise Resource Planning (A)</p> Signup and view all the answers

What is an advantage of using E-Commerce technology in business?

<p>Increased convenience for both businesses and consumers (B)</p> Signup and view all the answers

How does the Immediacy of result impact operational efficiency in E-Business?

<p>Improves decision-making and response time (B)</p> Signup and view all the answers

Which of the following is not a major benefit of E-Business mentioned in the text?

<p>Risk-free business operations (D)</p> Signup and view all the answers

What does the Business to Business (B2B) electronic business model involve?

<p>Businesses conducting transactions with other businesses (C)</p> Signup and view all the answers

In the context of E-Commerce, what does C2B stand for?

<p>Consumer-to-Business interactions (C)</p> Signup and view all the answers

What is a key business challenge highlighted in the text related to E-Business?

<p>Mass Customization (A)</p> Signup and view all the answers

Which of the following is not considered a major benefit of E-Commerce technology?

<p>Flexibility in IT architecture (D)</p> Signup and view all the answers

What does the Electronic Business Model emphasize as a method for a company to sustain itself?

<p><strong>Generate revenue</strong> (D)</p> Signup and view all the answers

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