E-Commerce: Business Models and Implementation
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Questions and Answers

What is the definition of e-commerce?

  • Carrying out e-commerce via phones and other mobile devices
  • Conducting business transactions over the Internet or similar technology (correct)
  • Creating internet-only stores with no physical presence
  • Operating a conventional store with a physical presence

    • What is the meaning of a 'dot-com' store?

  • A store specializing in electronic funds transfers
  • An internet-only store with no physical presence (correct)
  • A conventional store with a physical presence
  • A store operating through mobile devices

    • What is 'brick-and-mortar' store?

  • An internet-only store with no physical presence
  • A conventional store with a physical presence (correct)
  • A store specializing in electronic funds transfers
  • A store operating through mobile devices

    • What is the term used for e-commerce carried out via phones and other mobile devices?

    <p>M-commerce</p> Signup and view all the answers

    What are the potential advantages of e-commerce?

    <p>Global reach, reduced costs, and increased convenience</p> Signup and view all the answers

    What is the primary focus of this chapter?

    <p>Potential advantages and disadvantages of e-commerce</p> Signup and view all the answers

    Which technology is now most often used for performing e-commerce transactions?

    <p>Internet</p> Signup and view all the answers

    What is the difference between a 'dot-com' store and a brick-and-mortar store?

    <p>Dot-com stores have no physical presence, while brick-and-mortar stores do</p> Signup and view all the answers

    What is the term used for e-commerce carried out via phones and other mobile devices?

    <p>M-commerce</p> Signup and view all the answers

    What type of business models and websites are covered in this chapter?

    <p>Only e-commerce business models and websites</p> Signup and view all the answers

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