Question 1

________ create and sell access to digital markets.

Accepted Answer

A)  E-distributors
B)  Portals
C)  E-procurement firms
D)  Market creators

Question 2

Which of the following is another name for a revenue model?

Accepted Answer

A)  business model
B)  business strategy
C)  financial model
D)  financial statements

Question 3

________ and ________ are typically the most easily identifiable aspects of a company's business model.

Accepted Answer

A)  Market strategy;market opportunity
B)  Value proposition;revenue model
C)  Competitive advantage;competitive environment
D)  Revenue model;market opportunity

Question 4

All of the following use a social network marketing strategy except:

Accepted Answer

A)  Twitter.
B)  YouTube.
C)  Pinterest.
D)  Amazon.

Question 5

Social technologies change industry structure by shifting programming and editorial decisions to consumers and creating substitute entertainment products.

Accepted Answer

A) True 
 B)False

Question 6

All of the following are examples of business-to-business (B2B) business models except:

Accepted Answer

A)  e-distributors.
B)  e-procurement.
C)  exchanges.
D)  portals.

Question 7

A ____________ is a networked business ecosystem that coordinates a firm's suppliers,distributors,and delivery firms with its own production needs using an Internet-based supply chain management system.

Accepted Answer

A)  value chain
B)  value system
C)  value web
D)  business strategy

Question 8

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

Accepted Answer

A) True 
 B)False

Question 9

Why is the management team such an important element of a business model?

Accepted Answer

A strong management team gives a model i...

Question 10

The business model of e-tailers is similar to that of:

Accepted Answer

A)  e-distributors.
B)  transaction brokers.
C)  exchanges.
D)  service providers.

Question 11

In general,the key to becoming a successful content provider is to:

Accepted Answer

A)  own the content being provided.
B)  own the technology by which content is created,presented,and distributed.
C)  provide online content for free.
D)  provide other services as well as online content.

Question 12

The overall retail market in the United States in 2016 was estimated at about:

Accepted Answer

A)  $48 trillion.
B)  $4.8 trillion.
C)  $480 billion.
D)  $48 billion. B

Question 13

Who are the e-commerce enablers and why are they important?

Accepted Answer

No discussion of e-commerce business models would be complete without mention of a group of companies whose business model is focused on providing the infrastructure necessary for e-commerce companies to exist,grow,and prosper.E-commerce enablers provide the hardware,operating system software,networks and communications technology,applications software,web design,consulting services,and other tools required for e-commerce.While these firms may not be conducting e-commerce per se (although in many instances,e-commerce in its traditional sense is in fact one of their sales channels),as a group they have perhaps profited the most from the development of e-commerce.

Question 14

Firms that fail to produce returns greater than alternative investments typically go out of business.

Accepted Answer

A) True 
 B)False  True

Question 15

Which of the following may offer its customers value chain management software?

Accepted Answer

A)  e-distributors
B)  e-procurement companies
C)  exchanges
D)  community providers

Question 16

All firms need an organization to efficiently implement their business plans and strategies.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is an example of the subscription revenue model?

Accepted Answer

A)  Scribd
B)  eBay
C)  E*Trade
D)  Twitter

Question 18

On-demand service companies are characterized by the free sharing of resources between the company and consumers.

Accepted Answer

A) True 
 B)False

Question 19

The basic value proposition of community providers is:

Accepted Answer

A)  they offer a fast,convenient one-stop site where users can focus on their most important concerns and interests.
B)  they offer consumers valuable,convenient,time-saving,and low cost alternatives to traditional service providers.
C)  they create a digital electronic environment for buyers and sellers to meet,agree on a price,and transact.
D)  they increase customers' productivity by helping them get things done faster and with less expense.

Question 20

Which of the following is not considered a portal?

Accepted Answer

A)  Yahoo
B)  MSN
C)  Amazon
D)  AOL

Exam 2: E-Commerce Business Models and Concepts

________ create and sell access to digital markets.

Correct Answer
verified

Which of the following is another name for a revenue model?

Correct Answer
verified

and are typically the most easily identifiable aspects of a company's business model.

Correct Answer
verified

All of the following use a social network marketing strategy except:

Correct Answer
verified

Social technologies change industry structure by shifting programming and editorial decisions to consumers and creating substitute entertainment products.

Correct Answer
verified

All of the following are examples of business-to-business (B2B) business models except:

Correct Answer
verified

A ____________ is a networked business ecosystem that coordinates a firm's suppliers,distributors,and delivery firms with its own production needs using an Internet-based supply chain management system.

Correct Answer
verified

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

Correct Answer
verified

Why is the management team such an important element of a business model?

Correct Answer
verified
A strong management team gives a model i...
View Answer

The business model of e-tailers is similar to that of:

Correct Answer
verified

In general,the key to becoming a successful content provider is to:

Correct Answer
verified

The overall retail market in the United States in 2016 was estimated at about:

Correct Answer
verified
B

Who are the e-commerce enablers and why are they important?

Firms that fail to produce returns greater than alternative investments typically go out of business.

Correct Answer
verified
True

Which of the following may offer its customers value chain management software?

Correct Answer
verified

All firms need an organization to efficiently implement their business plans and strategies.

Correct Answer
verified

Which of the following is an example of the subscription revenue model?

Correct Answer
verified

On-demand service companies are characterized by the free sharing of resources between the company and consumers.

Correct Answer
verified

The basic value proposition of community providers is:

Correct Answer
verified

Which of the following is not considered a portal?

Correct Answer
verified

Exam 2: E-Commerce Business Models and Concepts

________ create and sell access to digital markets.

Correct AnswerverifiedShow Answer

Which of the following is another name for a revenue model?

Correct AnswerverifiedShow Answer

________ and ________ are typically the most easily identifiable aspects of a company's business model.

Correct AnswerverifiedShow Answer

All of the following use a social network marketing strategy except:

Correct AnswerverifiedShow Answer

Social technologies change industry structure by shifting programming and editorial decisions to consumers and creating substitute entertainment products.

Correct AnswerverifiedShow Answer

All of the following are examples of business-to-business (B2B) business models except:

Correct AnswerverifiedShow Answer

A ____________ is a networked business ecosystem that coordinates a firm's suppliers,distributors,and delivery firms with its own production needs using an Internet-based supply chain management system.

Correct AnswerverifiedShow Answer

SaaS and PaaS providers can typically provide services at lower costs through scale economies.

Correct AnswerverifiedShow Answer

Why is the management team such an important element of a business model?

Correct AnswerverifiedA strong management team gives a model i...View AnswerShow Answer

The business model of e-tailers is similar to that of:

Correct AnswerverifiedShow Answer

In general,the key to becoming a successful content provider is to:

Correct AnswerverifiedShow Answer

The overall retail market in the United States in 2016 was estimated at about:

Correct AnswerverifiedB

Who are the e-commerce enablers and why are they important?

Firms that fail to produce returns greater than alternative investments typically go out of business.

Correct AnswerverifiedTrue

Which of the following may offer its customers value chain management software?

Correct AnswerverifiedShow Answer

All firms need an organization to efficiently implement their business plans and strategies.

Correct AnswerverifiedShow Answer

Which of the following is an example of the subscription revenue model?

Correct AnswerverifiedShow Answer

On-demand service companies are characterized by the free sharing of resources between the company and consumers.

Correct AnswerverifiedShow Answer

The basic value proposition of community providers is:

Correct AnswerverifiedShow Answer

Which of the following is not considered a portal?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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and are typically the most easily identifiable aspects of a company's business model.

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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A strong management team gives a model i...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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B

Correct Answer
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True

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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