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CHI2565 E-Commerce Business and Technology –Class Test 2

Name………………Usman Ali…………………………………………

Number……………U1061077…………………………………………

Course………………ICT bsc………………………………………..

True or False Questions

2.
A dashboard is a graphical display of performance results.
Answer:
True

False
3.
Intermediation is the process of buying materials, products, and services directly from suppliers, distributors, or the government. Answer:
True

False

4.
Dynamic pricing is the most common way customers purchase items online. Answer:
True

False
5.
The emergence of electronic marketplaces has resulted in lower information search time and costs for buyers. Answer:
True

False
6.
In marketing, an intermediary is a third party that operates between manufacturers and buyers. Intermediaries of all kinds offer their services on the Web. Answer:
True

False
7.
Individuals are the largest consumers, accounting for more than 85 percent of EC volume and value activities. Answer:
True

False
8.
Disintermediation is the elimination of intermediaries between sellers and buyers. Answer:
True

False
9.
Travelers using airline Web sites to book their flights directly, without the use of travel agents, is resulting in the reintermediation of travel agents. Answer:
True

False
10.
A single-sided e-marketplace is a private e-marketplace in which one company makes purchases from invited suppliers. Answer:
True

False
11.
Private and public are two types of e-marketplaces.
Answer:
True

False
12.
Electronic storefronts, Internet malls, and exchanges are major B2B e-marketplaces. Answer:
True

False

13.
Microsite refers to a page or pages that are meant to function as an auxiliary supplement to a primary website. Answer:
True

False
14.
A Web portal is a single point of access, through a Web browser, to critical business information loaded inside and outside (via Internet) an organization. Answer:
True

False
16.
A widget is an element of user interface that displays an information arrangement changeable by the user, such as a window. Answer:

True
False

18.
A shopping facilitator is a type of broker and helps consumers compare prices and service at different stores. Answer:
True

False
20.
A desktop search is conducted by tools that search only the contents of the user's own computer files. Answer:

True
False

21.
Search engines not only "search and match," but also have capabilities that can be used to perform routine tasks that require intelligence. Answer:
True

False

22.
Shopping carts for B2B are fairly simple, but a shopping cart for B2C may be more complex. Answer:
True

False
23.
An electronic shopping cart is an order-processing technology that allows customers to accumulate items they wish to buy while they continue to shop. Answer:

True
False
24.
An auction is a competitive process and market mechanism that uses a competitive process by which a seller solicits consecutive bids from buyers or a buyer solicits bids from sellers. Answer:

True
False
25.
Forward auctions are bidding or tendering systems in which the buyer places an item for bid on a request for quote (RFQ) system; then potential suppliers bid on the job, with the price reducing sequentially, and the lowest bid wins. Answer:

True

False
26.
Reverse auctions are primarily B2C.
Answer:
True

False
28.
E-auctions are becoming less important selling and buying channels for companies and individuals. Answer:
True

False

29.
The major limitations of e-auctions are minimal security, possibility of fraud, and a limited participation. Answer:

True
False
30.
A limitation of e-bartering for...
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