University of Massachusetts Boston College of Management MSIS 110: Introduction to Computers Chapter 8: Electronic Commerce - Q & A ____ 1. Automotive companies have been using e-commerce for years in the form of EDI. ____ 2. Price is the only determining factor in the selection and negotiation process. ____ 3. In order to be effective, an e-commerce model must provide a sense of community for the users. ____ 4. Some suppliers are afraid that on-line marketplaces will lower the price of goods and favor buyers. ____ 5. With on-line banking customers can pay their bills, but at this time they can not transfer money between accounts. ____ 6. E-commerce systems require both hardware and software to run. ____ 7. Biometrics are a very inexpensive way of assuring the identity of system users. ____ 8. eBay is an example of a(n) ____ e-commerce site. a. transaction processing b. B2B c. B2C d. C2C ____ 9. A successful e-commerce system must address ____. a. network database issues b. the many stages in the sales lifecycle c. search engine complexities d. internal decision support ____ 10. ____ is an advantage of shopping on-line. a. International currency exchange b. Reduced transaction cost c. Inherent security for credit card transactions d. Speed of modem transmission ____ 11. The ____ e-commerce market is larger than the ____ one. a. B2C, B2B b. B2B, B2C c. e-tailing, B2B d. EDI-based, B2B 1 ____ 12. With increased speed and accuracy of customer order information, companies can ____. a. increase inventory levels b. reduce inventory levels at transportation points c. eliminate all inventory completely d. move inventory to different locations ____ 13. Tally Lohman receives his cable television bills over the Internet. He receives an email alert each time one is ready for payment. This is an example of ____. a. on-line banking b. electronic bill presentment c. database billing d. on-line transaction presentment ____ 14. ____ is the process of transforming a Web site into the nuances, subtleties, and tastes of a particular culture for which it is targeted. a. Localization b. E-transformation c. Globalization d. E-specialization ____ 15. Before an organization creates an e-commerce site, it should ____. a. obtain proper permits from the W3C b. determine the objectives for its site c. hire an e-consultant d. reengineer all its business processes 16. A(n) ________________________ is a single Web site that offers many products and services at one Internet location. 17. A(n) ________________________ file contains information about visitors to a Web site that is used for future analysis. 18. ________________________ data is the data gathered based on the Web sites you visit and what items you click on. 19. The elimination of intermediate organizations between the producer and the consumer is called ________________________. ____ 20. Spam allows peddlers to hawk their products instantly to thousands of people at virtually no cost. _________________________ 2 Chapter 8: Answer Section 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: ANS: T F T T F T F D B B B B B A B cybermall Web log Clickstream disintermediation T 3