The Disadvantages of Online Shopping
60 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following devices can be used to conduct e-commerce transactions?

  • Landline phones
  • Television sets
  • Desktop computers (correct)
  • Fax machines

What types of products and services can be purchased through e-commerce?

  • Both physical and digital products (correct)
  • Only digital products
  • Only services
  • Only physical products

What is e-commerce a part of?

  • Electronic transactions
  • Electronic marketing
  • Electronic business (correct)
  • Electronic commerce

Which technology facilitated the transfer of documents in the 1960s?

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

What was the first online retail website where a transaction took place?

<p>NetMarket (C)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of selection?

<p>Exclusive inventory available only online (A)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of international sales?

<p>Can sell to anyone in the world (D)</p> Signup and view all the answers

Which of the following is a disadvantage of e-commerce?

<p>Limited customer service (A)</p> Signup and view all the answers

Which type of e-commerce involves selling goods directly to another company?

<p>Business-to-Business (B2B) (C)</p> Signup and view all the answers

What is a potential drawback of e-commerce in terms of product satisfaction?

<p>Products can't be seen or handled until delivered (A)</p> Signup and view all the answers

Which type of e-commerce involves consumers listing their own products for sale on a digital marketplace?

<p>Consumer-to-Consumer (C2C) (A)</p> Signup and view all the answers

Which type of e-commerce revenue model involves a company creating a digital storefront and relying on a supplier to provide the goods?

<p>Dropshipping (A)</p> Signup and view all the answers

What is the main focus of Consumer-to-Business (C2B) e-commerce platforms?

<p>Connecting businesses with freelancers (C)</p> Signup and view all the answers

Which type of e-commerce relationship involves consumers interacting with administrations, agencies, or governments?

<p>C2G (D)</p> Signup and view all the answers

What percentage of total sales in the United States did retail e-commerce account for in the first quarter of 2023?

<p>15.1% (A)</p> Signup and view all the answers

Which of the following devices can be used to conduct e-commerce transactions?

<p>Smartphone (A)</p> Signup and view all the answers

What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?

<p>Selling goods and services to individual consumers (C)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of market presence for small businesses?

<p>More efficient distribution channels (D)</p> Signup and view all the answers

Which company is credited with disrupting the retail landscape through e-commerce?

<p>Alibaba (A)</p> Signup and view all the answers

When did the very first e-commerce transaction take place?

<p>1994 (A)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of convenience?

<p>Availability 24/7 (C)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of international sales?

<p>Ability to sell worldwide (A)</p> Signup and view all the answers

Which type of e-commerce revenue model allows a company to create a digital storefront and rely on a supplier to provide the goods?

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

Which type of e-commerce revenue model leverages already successful products sold by another company?

<p>White Labeling (A)</p> Signup and view all the answers

Which type of e-commerce revenue model is best suited for companies that receive on-demand orders with short turnaround times but are unable to handle the capital expenditure requirements?

<p>Private Labeling (A)</p> Signup and view all the answers

Which type of e-commerce revenue model involves assembling a package, introducing new products, and incentivizing long-term subscriptions at a lower monthly price?

<p>Subscription (A)</p> Signup and view all the answers

Which type of e-commerce relationship involves selling goods directly to the end-user?

<p>Business-to-Consumer (B2C) (A)</p> Signup and view all the answers

Which disadvantage of e-commerce is related to the inability to physically see or touch products before they are delivered?

<p>Inability to Touch Products (C)</p> Signup and view all the answers

Which type of e-commerce relationship involves companies selling goods to other companies?

<p>Business-to-Business (B2B) (C)</p> Signup and view all the answers

What is one of the disadvantages of e-commerce related to potential loss of revenue or income?

<p>Loss of revenue or income when websites go down (B)</p> Signup and view all the answers

Which of the following devices can be used to conduct e-commerce transactions?

<p>Computers, tablets, smartphones, and other smart devices (C)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of selection?

<p>Wide range of products and services available (A)</p> Signup and view all the answers

What is one of the disadvantages of e-commerce related to potential loss of revenue or income?

<p>Increased competition may lead to lower profit margins (A)</p> Signup and view all the answers

Which company is credited with disrupting the retail landscape through e-commerce?

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

When did the very first e-commerce transaction take place?

<p>1994 (B)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of international sales?

<p>Can sell to anyone in the world (C)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of convenience?

<p>Can occur 24/7 (B)</p> Signup and view all the answers

Which of the following is a disadvantage of e-commerce?

<p>Limited customer service opportunities (A)</p> Signup and view all the answers

What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?

<p>Selling products directly to end-users (A)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of selection?

<p>Unlimited selection (B)</p> Signup and view all the answers

When did the very first e-commerce transaction take place?

<p>1990s (C)</p> Signup and view all the answers

Which revenue model in e-commerce involves the company receiving existing products, repackaging them, and distributing them to customers?

<p>Private Labeling (B)</p> Signup and view all the answers

Which revenue model in e-commerce requires the company to maintain quantities of inventory, track customer orders, and have ownership of warehouse space?

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

Which revenue model in e-commerce allows the company to create a digital storefront and rely on a supplier to provide the goods?

<p>Dropshipping (C)</p> Signup and view all the answers

Which revenue model in e-commerce involves assembling a package, introducing new products, and incentivizing long-term subscriptions at a lower monthly price?

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

Which of the following devices can be used to conduct e-commerce transactions?

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

What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?

<p>Selling goods to individual consumers (B)</p> Signup and view all the answers

What is one of the advantages of e-commerce in terms of convenience?

<p>24/7 availability (D)</p> Signup and view all the answers

Which company is credited with disrupting the retail landscape through e-commerce?

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

What advantage does e-commerce offer in terms of convenience?

<p>24/7 availability (C)</p> Signup and view all the answers

When did the very first e-commerce transaction take place?

<p>1994 (A)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of international sales?

<p>No physical geography limitation (D)</p> Signup and view all the answers

Which type of e-commerce relationship involves selling goods directly to the end-user?

<p>Business-to-Consumer (B2C) (D)</p> Signup and view all the answers

What disadvantage of e-commerce is related to the inability to physically see or touch products before they are delivered?

<p>Inability to Touch Products (C)</p> Signup and view all the answers

What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?

<p>Selling goods directly to the end-user (C)</p> Signup and view all the answers

What advantage does e-commerce offer in terms of market presence for small businesses?

<p>Reduced costs (C)</p> Signup and view all the answers

What percentage of total sales in the United States did retail e-commerce account for in the first quarter of 2023?

<p>15.1% (A)</p> Signup and view all the answers

Which type of e-commerce revenue model involves maintaining quantities of inventory, tracking customer orders, and having ownership of warehouse space?

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

Which type of e-commerce relationship involves consumers interacting with administrations, agencies, or governments?

<p>Consumer-to-Government (C2G) (C)</p> Signup and view all the answers

Which type of e-commerce revenue model allows a company to create a digital storefront and rely on a supplier to provide the goods?

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

More Like This

Use Quizgecko on...
Browser
Browser