Podcast
Questions and Answers
Which of the following is a characteristic of e-commerce?
Which of the following is a characteristic of e-commerce?
- E-commerce can be conducted on smartphones and other smart devices (correct)
- E-commerce can only be conducted on computers
- Only physical products can be purchased through e-commerce
- E-commerce is not a competitive industry
What does e-commerce refer to?
What does e-commerce refer to?
- Buying and selling goods and services through online marketplaces
- Buying and selling goods and services through social media platforms
- Buying and selling goods and services in physical stores
- Buying and selling goods and services over the internet (correct)
In which market segments does e-commerce operate?
In which market segments does e-commerce operate?
- Only business-to-business
- Only business-to-consumer
- Multiple market segments including business-to-business, business-to-consumer, consumer-to-consumer, and consumer-to-business (correct)
- Only consumer-to-consumer
Which industry does e-commerce belong to?
Which industry does e-commerce belong to?
What is one advantage of e-commerce?
What is one advantage of e-commerce?
When did the first e-commerce transaction take place?
When did the first e-commerce transaction take place?
Which companies disrupted the retail landscape with e-commerce?
Which companies disrupted the retail landscape with e-commerce?
Which type of e-commerce platform allows consumers to both buy and sell without the need for companies?
Which type of e-commerce platform allows consumers to both buy and sell without the need for companies?
What type of e-commerce model involves an e-commerce company relying on a supplier to provide the goods?
What type of e-commerce model involves an e-commerce company relying on a supplier to provide the goods?
Which e-commerce revenue model involves leveraging already successful products sold by another company?
Which e-commerce revenue model involves leveraging already successful products sold by another company?
What percentage of total sales in the United States did retail e-commerce account for in the first quarter of 2023?
What percentage of total sales in the United States did retail e-commerce account for in the first quarter of 2023?
Which of the following is a disadvantage of e-commerce?
Which of the following is a disadvantage of e-commerce?
What is the most common business model in e-commerce?
What is the most common business model in e-commerce?
What is a benefit of operating digitally in e-commerce?
What is a benefit of operating digitally in e-commerce?
What is a drawback of e-commerce in terms of product satisfaction?
What is a drawback of e-commerce in terms of product satisfaction?
Which company is the world's largest online retailer?
Which company is the world's largest online retailer?
What is the difference between e-commerce and e-business?
What is the difference between e-commerce and e-business?
Which type of e-commerce involves customers selling to businesses, other customers, or governments?
Which type of e-commerce involves customers selling to businesses, other customers, or governments?
What is the purpose of an e-commerce website?
What is the purpose of an e-commerce website?
