E Commerce Multiple Choice Questions and Answers

31. 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

32. 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

33. If it is easy for competitors to enter the market, the threat of new entrants is considered:

1. High
2. Low
3. More
4. Less

34. An industry is less attractive for suppliers when the rivalry among existing competitors is:

1. High
2. Low
3. More
4. Less

35. Unique value auction is mainly applies to?

1. New products
2. Second hand products
3. Engineering products
4. None of the above.

36. Paisapay is facilitated in

1. eBay.co.in
2. amazon.com
3. flipkart.com
4. none of the above

37. Which of the following is a useful security mechanism when considering business strategy and IT?

1. encryption
2. decryption
3. firewall
4. all the above

38. Which of the following is not related to security mechanism

1. encryption
2. decryption
3. e-cash
4. all the above

39. A product or service that customers have come to expect from an industry, which must beoffered by new entrants if they wish to compete and survive, is known as a(n)?

1. Switching costs
2. Loyalty programs
3. Entry barriers
4. Affiliate programs

40. Which of the following statements accurately reflect the impact of technology?

1. Technology has caused buyer power to increase
2. Technology has lessened the entry barriers for many industries
3. Technology has increased the threat of substitute products and services
4. all of the above