E Commerce MCQ Questions and Answers Quiz

21. What are materials that are necessary for running a modern corporation, but do not relate to the companys primary business activities?

  1. Direct materials
  2. Indirect materials
  3. EDI
  4. None of the above

22. What are ballpoint pens purchased by a clothing company?

  1. Direct materials
  2. Indirect materials
  3. EDI
  4. None of the above

23. What is another name for?

  1. Direct materials
  2. Indirect materials
  3. EDI
  4. None of the above

24. 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?

  1. B2B marketplace
  2. Intranet
  3. Reverse auction
  4. Internet

25. What are plastic cards the size of a credit card that contains an embedded chip on which digital information can be stored?

  1. Customer relationship management systems cards
  2. E-government identity cards
  3. FEDI cards
  4. Smart cards

26. Most individuals are familiar with which form of e-commerce?

  1. B2B
  2. B2C
  3. C2B
  4. C2C

27. Which form of e-commerce currently accounts for about 97% of all e-commerce revenues?

  1. B2B
  2. B2C
  3. C2B
  4. C2C

28. Which of the following are advantages normally associated with B2B e-commerce?

  1. Shorter cycle times
  2. Reduction in costs
  3. Reaches wider audiences
  4. all of the above

29. If the threat of substitute products or services is low it is a(n):

  1. Disadvantage to the supplier
  2. Advantage to the buyer
  3. Advantage to the supplier
  4. None of the above

30. The threat of new entrants is high when it is:

  1. Hard for customers to enter the market
  2. Hard for competitors to enter the market
  3. Easy for competitors to enter the market
  4. Easy for customers to enter the market
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