The Disadvantages of Online Shopping
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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</p> Signup and view all the answers

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

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

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

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

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

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

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

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

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

    <p>C2G</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%</p> Signup and view all the answers

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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