E-commerce Essentials
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Questions and Answers

Which technologies are mentioned as part of e-commerce facilitation in the text?

  • Mobile commerce, electronic funds transfer, supply chain management, radio marketing
  • Mobile commerce, electronic funds transfer, supply chain management, Internet marketing (correct)
  • Television commerce, electronic funds transfer, supply chain management, Internet marketing
  • Mobile commerce, electronic funds transfer, supply chain management, traditional marketing

    • What are the four types of e-commerce transactions mentioned in the text?

  • Business-to-business (B2B), business-to-business (B2B2), consumer-to-business, and consumer-to-business
  • Business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, and consumer-to-business (correct)
  • Business-to-business (B2B), business-to-business (B2B2), consumer-to-consumer, and consumer-to-business
  • Business-to-consumer (B2C), business-to-consumer (B2C2), consumer-to-consumer, and consumer-to-business

    • What is the primary purpose of e-commerce, as mentioned in the text?

  • To reach customers from specific regions and offer convenient shopping experiences
  • To reach customers from all over the world and offer convenient shopping experiences (correct)
  • To reach customers from all over the world and offer complex shopping experiences
  • To reach customers from specific regions and offer complex shopping experiences

    • In addition to websites and mobile apps, where else can e-commerce transactions take place?

    <p>Other online marketplaces</p> Signup and view all the answers

    What is the meaning of e-commerce?

    <p>Electronic commerce</p> Signup and view all the answers

    What is one advantage of running an e-commerce store over a physical store, as mentioned in the text?

    <p>Lower overhead costs</p> Signup and view all the answers

    What is one benefit of e-commerce in terms of customer reach, as stated in the text?

    <p>Reaching customers from all over the world</p> Signup and view all the answers

    What is one feature of e-commerce stores highlighted in the text?

    <p>24/7 availability</p> Signup and view all the answers

    Why is it important to recognize the limitations of e-commerce, as mentioned in the text?

    <p>To avoid potential difficulties</p> Signup and view all the answers

    What is one aspect of e-commerce mentioned as crucial in the text?

    <p>Using it appropriately</p> Signup and view all the answers

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