E-commerce Essentials
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Questions and Answers

Which technology does e-commerce draw on?

  • Telephone communication, telegraph, and radio broadcasting
  • Smoke signals, carrier pigeons, and semaphore telegraphs
  • Television advertising, print media, and billboards
  • Mobile commerce, electronic funds transfer, and Internet marketing (correct)

    • Who coined the term 'e-commerce'?

  • Robert Jacobson (correct)
  • Semiconductor industry
  • California State Assembly
  • Gwen Moore

    • What is e-commerce?

  • The activity of electronically buying or selling products on online services or over the Internet (correct)
  • The activity of physically buying or selling products in a store
  • The activity of buying products through mail order catalogs
  • The activity of bartering products without involving currency

    • What is the largest sector of the electronics industry?

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

    How does e-commerce typically conduct transactions?

    <p>Using the web for at least a part of a transaction's life cycle</p> Signup and view all the answers

    How are financial statements read to better understand changes over time?

    <p>By comparing them to prior periods</p> Signup and view all the answers

    What do comparative income statements report?

    <p>Company's income in different years</p> Signup and view all the answers

    How do analysts get a better sense of company performance by reading financial statements?

    <p>By comparing them to other companies</p> Signup and view all the answers

    What is the purpose of comparing financial statements to other industry participants?

    <p>To understand relative performance</p> Signup and view all the answers

    In what way are financial statements compared to understand a company's health?

    <p>Noting the year-over-year change</p> Signup and view all the answers

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