60 Questions
Which of the following devices can be used to conduct e-commerce transactions?
Desktop computers
What types of products and services can be purchased through e-commerce?
Both physical and digital products
What is e-commerce a part of?
Electronic business
Which technology facilitated the transfer of documents in the 1960s?
Electronic Data Interchange
What was the first online retail website where a transaction took place?
NetMarket
What advantage does e-commerce offer in terms of selection?
Exclusive inventory available only online
What advantage does e-commerce offer in terms of international sales?
Can sell to anyone in the world
Which of the following is a disadvantage of e-commerce?
Limited customer service
Which type of e-commerce involves selling goods directly to another company?
Business-to-Business (B2B)
What is a potential drawback of e-commerce in terms of product satisfaction?
Products can't be seen or handled until delivered
Which type of e-commerce involves consumers listing their own products for sale on a digital marketplace?
Consumer-to-Consumer (C2C)
Which type of e-commerce revenue model involves a company creating a digital storefront and relying on a supplier to provide the goods?
Dropshipping
What is the main focus of Consumer-to-Business (C2B) e-commerce platforms?
Connecting businesses with freelancers
Which type of e-commerce relationship involves consumers interacting with administrations, agencies, or governments?
C2G
What percentage of total sales in the United States did retail e-commerce account for in the first quarter of 2023?
15.1%
Which of the following devices can be used to conduct e-commerce transactions?
Smartphone
What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?
Selling goods and services to individual consumers
What advantage does e-commerce offer in terms of market presence for small businesses?
More efficient distribution channels
Which company is credited with disrupting the retail landscape through e-commerce?
Alibaba
When did the very first e-commerce transaction take place?
1994
What advantage does e-commerce offer in terms of convenience?
Availability 24/7
What advantage does e-commerce offer in terms of international sales?
Ability to sell worldwide
Which type of e-commerce revenue model allows a company to create a digital storefront and rely on a supplier to provide the goods?
Dropshipping
Which type of e-commerce revenue model leverages already successful products sold by another company?
White Labeling
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?
Private Labeling
Which type of e-commerce revenue model involves assembling a package, introducing new products, and incentivizing long-term subscriptions at a lower monthly price?
Subscription
Which type of e-commerce relationship involves selling goods directly to the end-user?
Business-to-Consumer (B2C)
Which disadvantage of e-commerce is related to the inability to physically see or touch products before they are delivered?
Inability to Touch Products
Which type of e-commerce relationship involves companies selling goods to other companies?
Business-to-Business (B2B)
What is one of the disadvantages of e-commerce related to potential loss of revenue or income?
Loss of revenue or income when websites go down
Which of the following devices can be used to conduct e-commerce transactions?
Computers, tablets, smartphones, and other smart devices
What advantage does e-commerce offer in terms of selection?
Wide range of products and services available
What is one of the disadvantages of e-commerce related to potential loss of revenue or income?
Increased competition may lead to lower profit margins
Which company is credited with disrupting the retail landscape through e-commerce?
Amazon
When did the very first e-commerce transaction take place?
1994
What advantage does e-commerce offer in terms of international sales?
Can sell to anyone in the world
What advantage does e-commerce offer in terms of convenience?
Can occur 24/7
Which of the following is a disadvantage of e-commerce?
Limited customer service opportunities
What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?
Selling products directly to end-users
What advantage does e-commerce offer in terms of selection?
Unlimited selection
When did the very first e-commerce transaction take place?
1990s
Which revenue model in e-commerce involves the company receiving existing products, repackaging them, and distributing them to customers?
Private Labeling
Which revenue model in e-commerce requires the company to maintain quantities of inventory, track customer orders, and have ownership of warehouse space?
Wholesaling
Which revenue model in e-commerce allows the company to create a digital storefront and rely on a supplier to provide the goods?
Dropshipping
Which revenue model in e-commerce involves assembling a package, introducing new products, and incentivizing long-term subscriptions at a lower monthly price?
Subscription
Which of the following devices can be used to conduct e-commerce transactions?
Laptop
What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?
Selling goods to individual consumers
What is one of the advantages of e-commerce in terms of convenience?
24/7 availability
Which company is credited with disrupting the retail landscape through e-commerce?
Amazon
What advantage does e-commerce offer in terms of convenience?
24/7 availability
When did the very first e-commerce transaction take place?
1994
What advantage does e-commerce offer in terms of international sales?
No physical geography limitation
Which type of e-commerce relationship involves selling goods directly to the end-user?
Business-to-Consumer (B2C)
What disadvantage of e-commerce is related to the inability to physically see or touch products before they are delivered?
Inability to Touch Products
What is the main focus of Business-to-Consumer (B2C) e-commerce platforms?
Selling goods directly to the end-user
What advantage does e-commerce offer in terms of market presence for small businesses?
Reduced costs
What percentage of total sales in the United States did retail e-commerce account for in the first quarter of 2023?
15.1%
Which type of e-commerce revenue model involves maintaining quantities of inventory, tracking customer orders, and having ownership of warehouse space?
Wholesaling
Which type of e-commerce relationship involves consumers interacting with administrations, agencies, or governments?
Consumer-to-Government (C2G)
Which type of e-commerce revenue model allows a company to create a digital storefront and rely on a supplier to provide the goods?
Dropshipping
Exploring the Downsides of E-commerce: Test your knowledge on the disadvantages of online shopping, from limited customer service to delayed gratification. Discover the challenges of shopping online and how it impacts the consumer experience.
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