Man223 Internet Commerce

Only available on StudyMode
  • Download(s) : 234
  • Published : September 25, 2010
Open Document
Text Preview
[pic][pic][pic][pic][pic][pic]
Top of Form
[pic][pic][pic]
[pic][pic][pic][pic][pic][pic]Maximum number of choices allowed is {0}. [pic][pic][pic][pic][pic][pic][pic][pic][pic][pic]
|Points Awarded |50.00 |
|Points Missed |0.00 |
|Percentage |100% |

[pic][pic][pic][pic][pic]
1.
A(n) ____ is an exchange of value, such as a purchase, a sale, or the conversion of raw materials into a finished product. [pic][pic]A) Electronic data interchange (EDI)
[pic][pic]B) Business processes
[pic][pic]C) Trading partners
[pic][pic]D) Transaction
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |D |

[pic][pic]
[pic][pic][pic]
2.
The group of logical, related, and sequential activities and transactions in which businesses engage are often collectively referred to as ____. [pic][pic]A) Electronic data interchange (EDI)
[pic][pic]B) Business processes
[pic][pic]C) Trading partners
[pic][pic]D) Transaction
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |B |

[pic][pic]
[pic][pic][pic]
3.
____ occurs when one business transmits computer-readable data in a standard format to another business. [pic][pic]A) Electronic data interchange (EDI)
[pic][pic]B) Business processes
[pic][pic]C) Trading partners
[pic][pic]D) Transaction
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |A |

[pic][pic]
[pic][pic][pic]
4.
Businesses that engage in EDI with each other are called ____. [pic][pic]A) Electronic data interchange (EDI)
[pic][pic]B) Business processes
[pic][pic]C) Trading partners
[pic][pic]D) Transaction
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |C |

[pic][pic]
[pic][pic][pic]
5.
A(n) ____ is a product or service that is hard to distinguish from the same products or services provided by other sellers; its features have become standardized and well known. [pic][pic]A) Business Model

[pic][pic]B) Revenue Model
[pic][pic]C) Commodity ITem
[pic][pic]D) Shipping Profile
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |C |

[pic][pic]
[pic][pic][pic]
6.
A(n) ____ is a specific collection of business processes used to identify customers, market to those customers, and generate sales to those customers. [pic][pic]A) Business Model
[pic][pic]B) Revenue Model
[pic][pic]C) Commodity ITem
[pic][pic]D) Shipping Profile
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |B |

[pic][pic]
[pic][pic][pic]
7.
A(n) ____ is a set of processes that combine to achieve a company’s goal, which is to yield a profit. [pic][pic]A) Business Model
[pic][pic]B) Revenue Model
[pic][pic]C) Commodity ITem
[pic][pic]D) Shipping Profile
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |A |

[pic][pic]
[pic][pic][pic]
8.
A product’s ____ is the collection of attributes that affect how easily that product can be packaged and delivered. [pic][pic]A) Business Model
[pic][pic]B) Revenue Model
[pic][pic]C) Commodity ITem
[pic][pic]D) Shipping Profile
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |D |

[pic][pic]
[pic][pic][pic]
9.
The practice of an existing firm replacing one or more of its supplier markets with its own hierarchical structure for creating the supplied product is called ____. [pic][pic]A) Transaction costs
[pic][pic]B) Business unit
[pic][pic]C) Network effect
[pic][pic]D) Vertical integration
[pic]
|Points Earned: |5.0/5.0 |
|Correct Answer(s): |D |

[pic][pic]
[pic][pic][pic]
10.
As more people or organizations participate in a network, the value of the network to each participant increases. This increase in value is called a(n) ____. [pic][pic]A) Transaction costs
[pic][pic]B) Business unit
[pic][pic]C) Network effect...
tracking img