Week 12 E Commerce and Networking
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Questions and Answers

What is the main characteristic of e-commerce?

  • Shopping online (correct)
  • Physical presence is required
  • Limited product selection
  • In-store purchases only

How has e-commerce transformed retail?

  • Enhanced personalized shopping experience (correct)
  • Ignored global audience
  • Reduced access to products
  • Limited shopping hours

One benefit of e-commerce for consumers is:

  • Access to global markets (correct)
  • Long queues and traffic
  • Inconvenience in shopping
  • Limited product availability

How does e-commerce utilize customer data?

<p>For personalized marketing (C)</p> Signup and view all the answers

What type of delivery benefit does e-commerce offer?

<p>Same-day delivery (A)</p> Signup and view all the answers

In what way has e-commerce expanded businesses' reach?

<p>Reached global audience beyond physical location (C)</p> Signup and view all the answers

Which feature of e-commerce allows customers to shop from anywhere?

<p>$8 trillion sales target (B)</p> Signup and view all the answers

What are the main security measures that e-commerce businesses should invest in to protect their customers' data?

<p>Secure payment gateways, SSL certificates, and other security measures (A)</p> Signup and view all the answers

Which type of e-commerce involves individuals selling goods and services to other consumers online?

<p>Consumer-to-Consumer (C2C) (D)</p> Signup and view all the answers

In Consumer-to-Business (C2B) e-commerce, what do consumers offer to businesses?

<p>Their services to businesses (D)</p> Signup and view all the answers

What is the main challenge related to shipping and logistics in e-commerce?

<p>Reliable shipping and delivery (C)</p> Signup and view all the answers

Which online platform is an example of a Consumer-to-Consumer (C2C) e-commerce model?

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

What does the acronym B2A stand for in the context of e-commerce?

<p>Business-to-Administration (A)</p> Signup and view all the answers

Which type of e-commerce involves businesses selling products or services directly to individual customers?

<p>Business-to-Consumer (B2C) (B)</p> Signup and view all the answers

What type of ecommerce transaction involves purchasing products in bulk from distributors at discounted prices?

<p>Wholesale Transactions (B)</p> Signup and view all the answers

Which trend focuses on using social media platforms as a means of product discovery, aside from traditional search engines?

<p>Social platforms are the new search engines (D)</p> Signup and view all the answers

In ecommerce, what is the term for selling products without keeping any inventory, and only purchasing items after a customer places an order?

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

What are businesses encouraged to focus on in order to optimize user experience for mobile commerce?

<p>Optimizing mobile commerce UI (B)</p> Signup and view all the answers

Which form of ecommerce involves paying a recurring fee to access ongoing services like music streaming or fitness apps?

<p>Subscription Services (D)</p> Signup and view all the answers

What technology helps ecommerce brands personalize customer experiences by providing recommendations and targeted advertising messages?

<p>AI aids in ecommerce personalization (D)</p> Signup and view all the answers

Ecommerce platforms often charge fees for processing online payments. What type of fee is this?

<p>Transaction Fees (D)</p> Signup and view all the answers

Why is networking considered important for finding new job opportunities?

<p>Networking opens doors to new opportunities (D)</p> Signup and view all the answers

What is the primary purpose of attending industry events in the context of networking?

<p>To share ideas and learn from professionals (A)</p> Signup and view all the answers

How can leveraging social media benefit networking efforts?

<p>It provides a platform to interact with professionals and share work (A)</p> Signup and view all the answers

What is the main goal of participating in online communities in the context of networking?

<p>To connect with professionals and share information (B)</p> Signup and view all the answers

How does seeking mentorship or coaching aid in networking?

<p>It helps build relationships and connections with experienced professionals (C)</p> Signup and view all the answers

What is the benefit of networking even if you are shy and don't enjoy it?

<p>It helps overcome shyness and expands professional circles (B)</p> Signup and view all the answers

In what way can building trust and loyalty impact e-commerce success?

<p>It drives repeat purchases and customer retention (C)</p> Signup and view all the answers

What role does online marketing play in reaching new customers for an online clothing store?

<p>Online marketing strategies help reach new customers and create excitement about the brand (A)</p> Signup and view all the answers

What is the significance of leveraging a network for job search?

<p>It helps stand out from other candidates and find opportunities (D)</p> Signup and view all the answers

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