Podcast
Questions and Answers
What is the main function of intermediaries in e-commerce transactions?
What is the main function of intermediaries in e-commerce transactions?
- Manage payment arrangements
- Provide relevant information about demand and supply
- Match sellers and buyers (correct)
- Offer consulting services
Which term describes the process of removing or reducing intermediaries between sellers and buyers?
Which term describes the process of removing or reducing intermediaries between sellers and buyers?
- Reintermediation
- Forward Auction
- Reverse Auction
- Disintermediation (correct)
What is the purpose of a Web portal in an e-marketplace?
What is the purpose of a Web portal in an e-marketplace?
- Conduct reverse auctions
- Offer consulting services to buyers
- Serve as an online auction platform
- Act as a single point of access through a Web browser (correct)
What type of auction involves one buyer and many potential sellers?
What type of auction involves one buyer and many potential sellers?
What does dynamic pricing refer to in e-commerce?
What does dynamic pricing refer to in e-commerce?
How is crowdsourcing utilized in e-commerce?
How is crowdsourcing utilized in e-commerce?
What is one of the major functions of E-marketplaces?
What is one of the major functions of E-marketplaces?
Which of the following is a component of the front end of an E-marketplace?
Which of the following is a component of the front end of an E-marketplace?
What role do intermediaries play in E-marketplaces?
What role do intermediaries play in E-marketplaces?
What is one advantage of E-marketplaces over traditional markets?
What is one advantage of E-marketplaces over traditional markets?
Which activity is NOT typically associated with E-commerce based on the text provided?
Which activity is NOT typically associated with E-commerce based on the text provided?
What purpose do E-marketplaces serve in EC transactions according to the text?
What purpose do E-marketplaces serve in EC transactions according to the text?
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