MCQ 20 Pax – EBusiness Strategy

Question 1 of 205.0 PointsAn important issue for businesses in the online environment is: A. promotion efforts associated with the production of product information. B. what types of models and strategies work for reaching company goals. C. ensuring that all products are equally suited to the online marketplace. D. how to use the Internet as a resource for acquiring information.Reset Selection  Mark for Review What’s This?
Question 2 of 205.0 PointsUnderstanding digital business is important because: A. it promotes Western industrial economies around the world. B. it eliminates the difficulties associated with post-transaction shipping and delivery. C. it helps to solidify your business strategy. D. it allows for reciprocal, interactive transactions that foster long-term customer relationships.Reset Selection  Mark for Review  What’s This?
Question 3 of 205.0 PointsWhat effect did the development of money economies in early human history have on business activities? A. It simplified them by eliminating the need to trade with perishable goods. B. It shortened the horizons for consumption planning. C. It made them more sophisticated by creating opportunities for credit and interest. D. It motivated people more to work for money than for goods or services.Reset Selection  Mark for Review  What’s This?
Question 4 of 205.0 PointsCommunication technologies (including the Internet) have: A. signaled the end of the consumer economy. B. made face-to-face interactions easier and less costly. C. enabled new ways to reach as many customers as possible. D. created the reality that printed communications now remain in use longer.Reset Selection  Mark for Review  What’s This?
Question 5 of 205.0 PointsThe first online network communication, created by the Defense Department in 1969, was known as: A. ARPAnet. B. NSFnet. C. ICANN. D. Gopher.Reset Selection  Mark for Review What’s This?
Question 6 of 205.0 PointsThe World Wide Web can accurately be described as a: A. network of networks. B. network of electronic documents. C. network of streaming audio/video information. D. network of generic domains.Reset Selection  Mark for Review  What’s This?
Question 7 of 205.0 PointsWhich is NOT a reason for using the Internet in business strategy planning and execution? A. Using the Internet as an information resource B. Using the Internet as a source of market intelligence C. Using the Internet to develop new products and services D. Using the Internet as the sole means of digital communicationReset Selection  Mark for Review  What’s This?
Question 8 of 205.0 PointsUsing the Internet to communicate and transact business across wide geographic distances facilitates: A. globalization. B. economies of scale. C. market efficiency. D. consumerism.Reset Selection  Mark for Review  What’s This?
Question 9 of 205.0 PointsA company that uses its Web page to promote, inform, and advertise its products and provide easy directions and contact numbers to its retail outlets is engaging in: A. e-business. B. e-trade. C. e-commerce. D. electronic data interchange.Reset Selection  Mark for Review  What’s This?
Question 10 of 205.0 PointsEnabling and facilitating the buying and selling of goods and services via electronic information systems technologies instead of the traditional systems of written sales contracts, work orders, checks, and purchase orders is a characteristic of: A. e-business. B. e-trade. C. e-commerce. D. e-marketing.Reset Selection  Mark for Review  What’s This?
Question 11 of 205.0 PointsThe organization of different topics related to a central purpose is known as a(n): A. analysis. B. syllogism. C. framework. D. concept.Reset Selection  Mark for Review What’s This?
Question 12 of 205.0 Points__________ occur when parties negotiate with a goal of reaching an agreement. A. Framework exchanges B. Exchange processes C. Central exchanges D. Framework objectivesReset Selection  Mark for Review What’s This?
Question 13 of 205.0 PointsWhich of the following resources can be exchanged on the Internet? A. Money B. Goods C. Status D. All of the aboveReset Selection  Mark for Review What’s This?
Question 14 of 205.0 PointsAccording to resource theory, which of the following resource exchange factor characteristics is correct? A. Information – high particularism, low concreteness B. Services – high particularism, high concreteness C. Love – low particularism, low concreteness D. Money – low particularism, high concretenessReset Selection  Mark for Review What’s This?
Question 15 of 205.0 PointsWhich of the following is a goal of resource exchange relationships? A. Reducing reciprocity B. Increasing costs C. Developing customer loyalty D. Eliminating the “honeymoonâ€�Reset Selection  Mark for Review What’s This?
Question 16 of 205.0 PointsA company with a combined on-line and off-line presence is colloquially known as a __________ company. A. clicks-and-mortar B. pure-player C. B2B D. combinationReset Selection  Mark for Review  What’s This?
Question 17 of 205.0 PointsTo the extent that the Internet affects dependence and uncertainty, it can change which aspect of a business resource exchange relationship? A. Reciprocity B. Activities C. Meaning D. ProcessReset Selection  Mark for Review  What’s This?
Question 18 of 205.0 PointsWhich of the following resource exchanges can be easily accomplished over the Internet? A. Exchanging room and board for au pair services B. Buying a hamburger C. Providing medical and dental services in return for increased status D. Trading “eyeballsâ€� for moneyReset Selection  Mark for Review  What’s This?
Question 19 of 205.0 PointsPortal content, listservs, and newsgroups share which of the following Resource Theory characteristics? A. High personalization, high concreteness B. Low personalization, low concreteness C. High personalization, low concreteness D. Moderate personalization, moderate concretenessReset Selection  Mark for Review  What’s This?
Question 20 of 205.0 PointsThe extent to which a resource is targeted towards a specific individual can be described as: A. exclusivity. B. ubiquity. C. specialization. D. personalization.Reset Selection  Mark for Review  What’s This?