Podcast
Questions and Answers
What is the basic system functionality used to display goods on a website?
What is the basic system functionality used to display goods on a website?
- Product database (correct)
- Network externalities
- Customer self-service sites
- Amazon's inventory control system
What is disintermediation?
What is disintermediation?
- The process of reducing the business process layers in a distribution channel (correct)
- The process of adding more business process layers in a distribution channel
- The process of creating more intermediaries in a distribution channel
- The process of increasing the cost of the distribution channel
Which platform has not introduced social commerce functionality like buy buttons, shoppable ads, and marketplaces?
Which platform has not introduced social commerce functionality like buy buttons, shoppable ads, and marketplaces?
- None of the above
- Tumblr (correct)
- Amazon
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Study Notes
- The website must have a system functionality to personalize or customize a product for a client.
- The basic system functionality used to display goods on a website is a product database.
- Slow-loading pages, pop-under ads, and splash pages annoy customers.
- Network externalities are related to the richness of e-commerce technology.
- Amazon's inventory control system is an example of e-business.
- LinkedIn attracts a highly educated, professional, and managerial audience.
- Consumer skills in online behavior refer to the knowledge consumers have about how to conduct online transactions.
- Customer self-service sites typically require a high percentage of secure pages.
- Tumblr has not introduced social commerce functionality like buy buttons, shoppable ads, and marketplaces.
- Disintermediation is reducing the business process layers in a distribution channel.
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