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Twitter is a free microblogging service that allows its users to send and read other users' updates.

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A virtual world is


A) a user-defined world in which people can interact, play, and do business.
B) a single point of access, through a Web browser, to critical business information located inside and outside (via Internet) an organization.
C) a social network whose major interest is business topics.
D) a combination of two or more websites into a single website that provides the content of both sites to deliver a novel product to consumers.

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Forward auctions are bidding or tendering systems in which the buyer places an item for bid on a request for quote (RFQ)system; then potential suppliers bid on the job,with the price reducing sequentially,and the lowest bid wins.

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The portion of an e-seller's business through which customers interact,including the seller's portal,electronic catalogs,shopping cart,and payment gateway is referred to as the ________ of the business.


A) front end
B) back end
C) infrastructure
D) intermediary

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The major ________ mechanisms are storefronts and Internet malls.


A) B2B
B) C2B
C) B2B2C
D) B2C

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An auction in which the buyer places an item for bid on a request for quote system,potential suppliers bid on the job,with the price reducing sequentially,and the lowest bid wins; this describes


A) forward auctions.
B) reverse auctions.
C) bidding auction system.
D) tendering system.

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E-marketplaces,shopping carts,e-catalogs,and auctions are the major Web 2.0 mechanisms.

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List five of McKinsey and Company's predictions about the future of EC,Web 3.0,and Semantic Web.

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McKinsey and Company identified ten tren...

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Which is not a popular search engine?


A) Google
B) Linux
C) AltaVista
D) Lycos

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Types of virtual communities include each of the following except


A) relations or practices.
B) virtual worlds.
C) mashups.
D) social networks.

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Capabilities and services provided by social networking sites include


A) discussion forums.
B) blogs for discussion and dissemination of information.
C) viewing and sharing photos, videos, and documents.
D) all of the above.

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Types of business activities in virtual worlds include each of the following except


A) creating and managing a virtual business.
B) operating a bed and breakfast in Nova Scotia.
C) providing services for those who build, manage, or make money with virtual properties.
D) conducting regular business activities.

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Which of the following consists of the creation of high-quality content and services produced by gifted individuals using Web 2.0 technology as an enabling platform and is used to describe the future of the World Wide Web?


A) Level 2.0
B) Web 4.0
C) Web 3.0
D) Web 5.0

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A shopping facilitator is a type of broker and helps consumers compare prices and service at different stores.

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The two major types of online intermediaries are infomediaries and negotiators.

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An electronic storefront includes several mechanisms that are needed for conducting the sale.The most common mechanisms include each of the following except


A) electronic catalog.
B) search engine.
C) supply chain.
D) payment gateway.

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English and Yankee are the two major types of double auctions.

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Intermediation is the process of buying materials,products,and services directly from suppliers,distributors,or the government.

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Which of the following is a global,multilanguage,social network popular in Asia and parts of Europe,Africa,and South America?


A) Hi5.com
B) Piczo.com
C) Friendsreunited.co.uk
D) Iwiw.net

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A widget is an element of user interface that displays an information arrangement changeable by the user,such as a window.

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