Podcast
Questions and Answers
Which of the following is a learning objective related to electronic retailing?
Which of the following is a learning objective related to electronic retailing?
- Describe online real estate services.
- Classify the primary e-tailing business models. (correct)
- Describe the delivery of digital products and online entertainment.
- Discuss cyberbanking and online personal finance.
What is the impact of online travel and tourism services on the industry?
What is the impact of online travel and tourism services on the industry?
- Limited availability of travel options online.
- Decreased customer satisfaction with online services.
- Increased competition among traditional travel agencies. (correct)
- Reduced profitability of the travel industry.
What is the primary focus of the online employment market?
What is the primary focus of the online employment market?
- Providing benefits to job seekers.
- Connecting job seekers with employers. (correct)
- Offering limited job opportunities.
- Limiting the number of participants in the job market.
What is the on-demand delivery of groceries and similar perishable products?
What is the on-demand delivery of groceries and similar perishable products?
What is disintermediation in the context of B2C strategic issues?
What is disintermediation in the context of B2C strategic issues?
Which of the following is NOT a learning objective related to electronic retailing?
Which of the following is NOT a learning objective related to electronic retailing?
What is the impact of online stock-trading services?
What is the impact of online stock-trading services?
What is cyberbanking?
What is cyberbanking?
What are online consumer aids?
What are online consumer aids?
What is disintermediation in the context of B2C strategic issues?
What is disintermediation in the context of B2C strategic issues?
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Study Notes
Learning Objectives in Electronic Retailing
- Important learning objectives include understanding online consumer behavior, digital marketing strategies, and e-commerce logistics.
Impact of Online Travel and Tourism Services
- Online travel services revolutionize the tourism industry by providing consumers with easy access to booking, comparison, and review options, greatly enhancing convenience and information availability.
Focus of the Online Employment Market
- The online employment market primarily focuses on connecting job seekers and employers through job postings, applications, and recruitment services, facilitating remote and flexible work opportunities.
On-Demand Delivery of Groceries
- On-demand delivery involves transporting groceries and perishables directly to consumers' homes, utilizing apps for convenience and speed, impacting consumer expectations and shopping habits.
Disintermediation in B2C
- Disintermediation refers to the removal of intermediaries in the supply chain, allowing producers to sell directly to consumers, which can lead to cost savings and increased efficiency.
Non-Learning Objectives in Electronic Retailing
- Non-learning objectives may include process-oriented tasks rather than consumer behavior or analytical knowledge relevant to e-commerce.
Impact of Online Stock-Trading Services
- Online stock-trading services enable individuals to buy and sell securities directly, reshaping investment strategies and democratizing access to financial markets.
Cyberbanking
- Cyberbanking encompasses a range of online banking services, including account management, money transfers, and financial transactions, enhancing customer convenience and service speed.
Online Consumer Aids
- Online consumer aids consist of tools and resources designed to assist consumers in making buying decisions, including product reviews, comparison sites, and budgeting calculators.
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