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Questions and Answers
What is e-commerce?
Who coined the term 'e-commerce'?
What technologies does e-commerce draw on?
How was e-commerce defined in the California Electronic Commerce Act?
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Which industry drives e-commerce through technological advances?
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Who authored the monograph 'The Principles of Scientific Management'?
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What does the term 'scientific management' refer to?
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What did Taylor's approach to scientific management emphasize?
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Which U.S. President was quoted by Taylor at the beginning of the monograph?
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What are the three sections of the monograph 'The Principles of Scientific Management'?
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Study Notes
E-commerce
- E-commerce refers to the buying and selling of goods and services over electronic systems such as the internet.
- The term 'e-commerce' was coined by Daniel Schwabe in 1994.
- E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, internet marketing, and online transaction processing.
- According to the California Electronic Commerce Act, e-commerce is defined as "the sale and purchase of goods and services by electronic means".
Scientific Management
- Scientific management refers to the use of scientific methods to analyze and improve industrial labor processes.
- Frederick Winslow Taylor authored the monograph 'The Principles of Scientific Management' in 1911.
- Taylor's approach to scientific management emphasized the use of empirical methods to analyze and optimize worker efficiency, and the importance of hierarchical management structures.
- The monograph quotes U.S. President Theodore Roosevelt at the beginning.
- The monograph is divided into three sections: Fundamental Principles, The Principles Developed, and FunctionalElementsofAllManagement.
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Description
Test your knowledge of e-commerce with this quiz! Explore topics such as online transaction processing, supply chain management, electronic funds transfer, and more. Challenge yourself with questions related to mobile commerce, Internet marketing, and inventory management systems.
