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</p> Signup and view all the answers

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

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

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

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

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

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

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

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

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

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

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

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

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