EDI and E-commerce Infrastructure Quiz

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Questions and Answers

What is the main purpose of Electronic Data Interchange (EDI)?

  • Managing technology infrastructure of an organization
  • Transferring funds between banks
  • Creating secure connections using the Internet
  • Exchanging structured business information between buyers and sellers (correct)

What does Financial Electronic Data Interchange (EDI) primarily involve?

  • Creation of secure connections using the Internet
  • Exchanging business information between buyers and sellers
  • Digital transmission of money between organizations and banks (correct)
  • Managing technology infrastructure of an organization

What technology is used for a Value-added Network (VAN)?

  • Internet technology
  • Proprietary technology different from the Internet (correct)
  • Non-proprietary IP networks
  • Secure, encrypted tunnel connection using VPN

What is the key characteristic of a Virtual Private Network (VPN)?

<p>Creation of secure, encrypted connections over the Internet (D)</p> Signup and view all the answers

Which statement best describes Electronic Funds Transfer (EFT)?

<p>Automated digital transmission of money between organizations and banks (D)</p> Signup and view all the answers

Managers deciding whether to manage an organization's technology infrastructure internally or externally need to consider which aspect of the organization?

<p>Electronic Data Interchange (EDI) (B)</p> Signup and view all the answers

What is the main purpose of Electronic Data Interchange (EDI)?

<p>To facilitate online B2B purchasing transactions (C)</p> Signup and view all the answers

Which term is associated with mobile Internet access that offers the facility to access information on websites tailored for display on mobile phones?

<p>Wireless Application Protocol (WAP) (D)</p> Signup and view all the answers

What is the concept of 'Ubiquity' in the context of mobile commerce?

<p>The ability to be present everywhere, especially at different times (D)</p> Signup and view all the answers

What does SaaS stand for in the context of e-commerce services?

<p>Software as a Service (A)</p> Signup and view all the answers

In financial EDI, what is the primary focus of electronic transactions?

<p>Electronic funds transfer between businesses (B)</p> Signup and view all the answers

What role do managers of e-commerce services play in the adoption of new access devices on the Internet?

<p>Monitor and encourage adoption of new access devices (C)</p> Signup and view all the answers

What is one of the major drivers of m-commerce according to the text?

<p>Increasing bandwidth (D)</p> Signup and view all the answers

Which category of m-commerce applications includes services like shopping and entertainment?

<p>Consumer services (D)</p> Signup and view all the answers

What is a key trend in the mobility space according to the text?

<p>Increased use of mobile apps (D)</p> Signup and view all the answers

Which technology is associated with the emerging m-commerce applications Wearables, Google Glass, and smart grids?

<p>Internet of Things (IoT) applications (D)</p> Signup and view all the answers

What contributes to the increase in m-commerce users as per the text?

<p>Large number of users of mobile devices (A)</p> Signup and view all the answers

Which category does Mobile ride-hailing fall under in m-commerce applications?

<p>Mobile shopping (B)</p> Signup and view all the answers

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