E-Commerce Market Transparency in Pricing and Costs

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Questions and Answers

What is the meaning of CPM in the context of online advertising?

  • Cost Per Thousand (correct)
  • Cost Per Million
  • Cost Per Mile
  • Clicks Per Mille

Which model relies on advertising to make money through banner ads and skyscrapers?

  • Pay Per View access to a document
  • Digital Rights Management
  • CPM display advertising on site (correct)
  • CPC advertising on site

What does DRM stand for in the context of protecting digital services or content?

  • Digital Resource Management
  • Digital Rights Management (correct)
  • Digital Recording Media
  • Digital Rights Media

In CPC advertising, what do advertisers pay for?

<p>Number of clicks on their ads (D)</p> Signup and view all the answers

Which revenue model involves payment for single access to a document that may be protected with a password or Digital Rights Management?

<p>Pay Per View access to a document (B)</p> Signup and view all the answers

What technology is used to protect the distribution of digital services or content like software, music, and movies?

<p>Digital Rights Management (D)</p> Signup and view all the answers

What does price transparency in E-Commerce refer to?

<p>Ease of consumers to discover a variety of prices in a market (C)</p> Signup and view all the answers

How do online merchants benefit from being able to segment the market into groups?

<p>By engaging in price discrimination (A)</p> Signup and view all the answers

What advantage does personalization offer in E-Commerce marketing?

<p>Customizing marketing messages based on individual characteristics (A)</p> Signup and view all the answers

In E-Commerce, what is the primary benefit of customization of products or services?

<p>Adapting products based on user preferences (D)</p> Signup and view all the answers

How does technology help gather consumer information in E-Commerce?

<p>By interacting with consumers at the moment of purchase (D)</p> Signup and view all the answers

What is the significance of cost transparency for consumers in E-Commerce markets?

<p>Discovering actual costs that merchants pay for products (C)</p> Signup and view all the answers

What is one of the advantages of B2B e-markets highlighted in the text?

<p>Transparency in pricing (C)</p> Signup and view all the answers

How does B2B help in reducing processing costs according to the text?

<p>By automating transaction processes (D)</p> Signup and view all the answers

In what way does B2B e-markets eliminate intermediaries and distributors?

<p>By enabling direct interaction between suppliers and buyers (A)</p> Signup and view all the answers

What advantage does B2B provide in terms of supply chain management and procurement processes?

<p>Efficient maintenance of the supply chain (C)</p> Signup and view all the answers

What does the gathering of buyers and sellers in a B2B e-market enhance?

<p>Price transparency (B)</p> Signup and view all the answers

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