Introduction to e-Business and e-Commerce Quiz
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Questions and Answers

What was the main reason for Friendster's suspension in 2015?

  • Lack of user engagement and innovation (correct)
  • Decline in monthly unique visitors
  • Expansion to too many countries
  • Inability to compete with Facebook
  • Which of the following is NOT a typical e-commerce transaction?

  • Purchasing books on Amazon
  • Buying music on the iTunes Store
  • Ordering customized liquor store inventory
  • Renting an apartment on Airbnb (correct)
  • According to the passage, what was the initial access limit for Facebook?

  • Only available to users in the United States
  • Only available to Harvard students (correct)
  • No access limits were in place initially
  • Only available to users in Asian countries
  • What is the primary purpose of e-commerce for businesses today?

    <p>To reach more customers through online advertising on platforms like Facebook</p> Signup and view all the answers

    Which of the following is NOT considered an area of e-commerce according to the passage?

    <p>Social media platforms</p> Signup and view all the answers

    What is the UK government's broad definition of e-commerce according to the passage?

    <p>The exchange of information across electronic networks at any stage in the supply chain, whether paid or unpaid</p> Signup and view all the answers

    What is the main focus of e-commerce?

    <p>Transforming businesses based on new approaches</p> Signup and view all the answers

    When was Amazon founded?

    <p>1994</p> Signup and view all the answers

    What is the main difference between buy-side e-commerce and sell-side e-commerce?

    <p>The side of the transaction</p> Signup and view all the answers

    Where was the social networking service Friendster founded?

    <p>United States</p> Signup and view all the answers

    In which year was Ebay born?

    <p>1995</p> Signup and view all the answers

    What technology has organizations been using to transform their businesses?

    <p>Wireless communications</p> Signup and view all the answers

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