E Commerce Questions and Answers in Quiz Form 8 for Practice
E Commerce MCQ Questions for Practice
106. What are materials that are necessary for running a modern corporation, but do not relate to the companys primary business activities?
Correct Answer is: Indirect materials
107. What are ballpoint pens purchased by a clothing company?
Correct Answer is: Indirect materials
108. What is another name for?
Correct Answer is: Indirect materials
109. What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left?
Correct Answer is: Reverse auction
110. What are plastic cards the size of a credit card that contains an embedded chip on which digital information can be stored?
Correct Answer is: Smart cards
111. Most individuals are familiar with which form of e-commerce?
Correct Answer is: B2C
112. Which form of e-commerce currently accounts for about 97% of all e-commerce revenues?
Correct Answer is: B2B
113. Which of the following are advantages normally associated with B2B e-commerce?
Correct Answer is: all of the above
114. If the threat of substitute products or services is low it is a(n):
Correct Answer is: Advantage to the supplier
115. The threat of new entrants is high when it is:
Correct Answer is: Easy for competitors to enter the market
116. If it is easy for competitors to enter the market, the threat of new entrants is considered:
Correct Answer is: High
117. An industry is less attractive for suppliers when the rivalry among existing competitors is:
Correct Answer is: High
118. Unique value auction is mainly applies to?
Correct Answer is: Second hand products
119. Paisapay is facilitated in
Correct Answer is: eBay.co.in
120. Which of the following is a useful security mechanism when considering business strategy and IT?
