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Electronic Commerce and Easy Page

Satisfactory Essays

Chapter 5 Electronic Commerce True/False Questions T F 1. E-commerce is commerce, but it is commerce accelerated and enhanced by IT, in particular the Internet. Answer: True Level: Easy Page: 170 T F 2. The B2C segment is where the dollar volume of e-commerce has always been widely expected to be concentrated. Answer: False Level: Medium Page: 172 T F 3. Demand aggregation combines purchase requests from multiple buyers into a single large order, which justifies a discount from the business. Answer: True Level: Easy Page: 181 T F 4. The B2B e-commerce segment is relatively small compared to the B2C e-commerce segment. Answer: False Level: Medium Page: 170 T F 5. Smart cards are plastic cards the size …show more content…

Rivalry among existing competitors is high when competition in the industry is fierce. Answer: True Level: Easy Page: 176 T F 27. The technology present in e-commerce has intensified competition in almost every industry. Answer: True Level: Medium Page: 176 T F 28. As a result of technology, buyer power has increased in most industries. Answer: True Level: Medium Page: 177 T F 29. Digital products are typically the best products to offer in a B2C environment Answer: True Level: Medium Page: 181 T F 30. For a consumer, a commoditylike product is the same no matter where it is purchased. Answer: True Level: Easy Page: 179 T F 31. Digital products are expensive to deliver. Answer: False Level: Medium Page: 181 92 Test Bank, Chapter 5 T F 32. Mass customization refers to designing products which appeal to as many people as possible. Answer: False Level: Medium Page: 181 T F 33. Maintenance, repair, and operations materials are also referred to as direct materials. Answer: False Level: Easy Page: 181 T F 34. A reverse auction occurs when a seller posts a list of items for sale and then accepts bids from interested buyers. Answer: False Level: Easy Page: 181 T F 35. An electronic marketplace or e-marketplace is an interactive business providing a centralized market where many buyers and suppliers can come together for e-commerce or commerce-related activities. Answer: True Level: Easy Page:

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