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What is crowdfunding?


A) Refers to the wisdom of the crowd
B) Sources capital for a project by raising many small amounts from a large number of individuals,typically via the Internet
C) Collaborating and tapping into the core knowledge of all employees,partners,and customers
D) Involves capturing,classifying,evaluating,retrieving,and sharing information assets in a way that provides context for effective decisions and actions

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What combines art along with science to determine how to make URLs more attractive to search engines resulting in higher search engine ranking?


A) Dot-com
B) Search engine
C) Search engine ranking
D) Search engine optimization

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What occurs when steps are added to the value chain as new players find ways to add value to the business process?


A) Intermediaries
B) Disintermediation
C) Re-intermediation
D) Cybermediation

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Search engine ranking evaluates variables that search engines use to determine where a URL appears on the list of search results.

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Disruptive technology tends to provide us with better,faster,and cheaper products.

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Explain Web 2.0,and identify its four characteristics.

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Web 2.0,or Business 2.0,is the next gene...

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Which type of ebusiness model is Barnes & Noble using?


A) Pure-play
B) Brick-and-mortar
C) Click-and-mortar
D) Virtual

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Real-time communication occurs when a system updates information at the same rate it receives it.

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What is a service that enables instant or real-time communication between people?


A) URL
B) IM'ing
C) Tacit knowledge
D) Elicit knowledge

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A wiki is a Hawaiian word for quick and is a type of a collaborative Web page that allows users to add,remove,and change content.

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A company can reduce its costs using ebusiness to change its business processes.Which of the following represents an example of a company reducing its costs through ebusiness?


A) Creating an online travel reservation
B) Ordering a product online
C) Purchasing a book online and picking it up in the store
D) Researching products to find the lowest price and visiting the store to purchase the item

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What occurs when a business sells directly to the customer online and cuts out the middle man?


A) Intermediaries
B) Disintermediation
C) Re-intermediation
D) Cybermediation

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For the past 20 years,Perry has been an owner of several Coldwell Banker Real Estate franchises.To increase business Perry spends a great deal of money marketing and advertising his businesses online.Perry decides he would like to move beyond just marketing and create an actual ebusiness that acts like a search engine but only focuses on the real estate industry.The main revenue source for this Perry's ebusiness will be a charge of $50 a month for each property that is listed on the website.What is the primary revenue model for Perry's new business?


A) License fees
B) Advertising fees
C) Subscription fees
D) All of these choices

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The network effect describes how products in a network increase in value to users as the number of users increases.

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What are the four most common Business 2.0 characteristics?


A) Content sharing,user-contributed content,collaboration competition elimination,Web browser organization
B) Content sharing,through open source,specialty-contributed content only,collaboration inside the community,specialized collaboration
C) Content sharing through open source,user-contributed content,collaboration inside the organization,collaboration outside the organization
D) Consumer sharing through open systems,company-contributed content,collaboration inside the organization,collaboration throughout the organization

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Hypertext transport protocol (HTTP)is the Internet protocol Web browsers use to request and display Web pages using universal resource locators.

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Ebusiness is something that a business can just go out and buy.

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What occurs when a new radical form of business enters the market that reshapes the way companies and organizations behave?


A) Domain name
B) Domain name hosting
C) Applet
D) Paradigm shift

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What is HTML 5?


A) Delivers everything from animation to graphics and music to movies.
B) An international community that develops open standards to ensure the long-term growth of the Web.
C) A nonprofit organization that has assumed the responsibility for Internet Protocol (IP) address space allocation,protocol parameter assignment,and domain name system management.
D) The Internet protocol Web browsers use to request and display Web pages using universal resource locators.

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Which of the following is not a reason for the explosive growth of the WWW?


A) Basic Web pages are easy to create and extremely flexible
B) The microcomputer revolution made it possible for an average person to own a computer
C) Digital Darwinism
D) The speed,convenience,and low cost of email

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