Multiple Choice Answers

Question 1
The Internet and the World Wide Web are extremely well-suited for:
A. conducting business electronically.
B. marketing products.
C. consumer service and support.
D. All of the above

Question 2
The telecommunications networks that enable EDI are termed:
A. LANs.
B. VANs.
C. WANs.
D. CANs.

Question 3
__________ allows for the tracking of illegal copies of music to be tracked to the original purchaser.
A. Tracker technology
B. Reverse download technology
C. DRM
D. Counterfeit technology

Question 4
The textbook relates a three-stage model of EC. Which of the following is NOT one of the stages?
A. E-initiation
B. E-information
C. E-integration
D. E-transaction

Question 5
Web technologies allow integration of information via Web sites, which can be linked to corporate __________ to provide real-time access to information.
A. headquarters
B. databases
C. executives
D. warehouses

Question 6
Click-only companies are also referred to as __________ companies.
A. click-thru
B. pure play
C. pure click
D. click-click

Question 7
A __________ model describes how the firm will generate profits and produce a superior return on invested capital.
A. revenue
B. business
C. profit
D. virtual

Question 8
Web-based B2B systems range from simple __________ applications to complex trading exchanges where multiple buyers and sellers can congregate to conduct business online.
A. Internet
B. intranet
C. extranet
D. Web ring

Question 9
One particular limitation associated with EDI is its:
A. lack of utility across many businesses.
B. monetary expense.
C. lack of need for skilled employees.
D. All of the above

Question 10
E-integration, the second stage of EC, is focused on accommodating requests for:
A. general information.
B. legal information.
C. customized information.
D. products.

Question 11
A(n) __________ is a vehicle for communicating proprietary information with authorized users outside organizational boundaries.
A. Internet
B. extranet
C. intranet
D. Web ring

Question 12
__________ automate the business processes involved in selling or distributing products from a single supplier to multiple buyers.
A. Distribution portals
B. Procurement portals
C. Enterprise portals
D. Resource portals

Question 13
__________ are designed to automate the business processes that occur before, during, and after sales have been transacted between a buyer and multiple suppliers.
A. Procurement portals
B. Resource portals
C. Enterprise portals
D. Distribution portals

Question 14
Another term for an electronic marketplace is:
A. trading exchange.
B. trading floor.
C. electronic exchange.
D. multimedia marketplace.

Question 15
Intranets and extranets provide many benefits to organizations including:
A. low-cost deployment.
B. information timeliness and accuracy.
C. positive return on investment.
D. All of the above

Question 16
The Internet provides a set of interconnected __________ for individuals and businesses to complete transactions electronically.
A. platforms
B. networks
C. Web rings
D. communication technologies

Question 17
Which network is an unrestricted public network?
A. Internet
B. Intranet
C. Extranet
D. E-Net

Question 18
The concept of __________ refers to a focus on niche markets, rather than purely on mainstream products:
A. dissemination
B. the long tail
C. e-tailers
D. m-commerce

Question 19
Click-and-mortar businesses continue to operate their physical locations, but they have also added a(n) __________ component to their business strategy.
A. strategic
B. security
C. EC
D. marketing

Question 20
EDI began in the:
A. 1940s.
B. 1950s.
C. 1960s.
D. 1970s.