MIS EXAM: CHAPTER 3

What is an Internet retailer that has no physical store?
a. None of choices listed
b. Online broker
c. Intermediaries
d. Content providers
None of choices listed
What refers to using the Internet to reassemble buyers, sellers, and other partners in a traditional supply chain in new ways?
a. Reintermediation
b. Intermediaries
c. Content providers
d. Pure plays
Reintermediation
What is the buying and selling of goods and services over the Internet?
a. Emall
b. Emarket
c. Ecommerce
d. Ebusiness
Ecommerce
Which of the following is not a C2C community?
a. Communities of business
b. Communities of relations
c. Communities of interest
d. Communities of fantasy
Communities of business
What are companies that use the Internet to distribute copyrighted content, including news, music, games, books, movies, and many other types of information?
a. Online broker
b. Content providers
c. Pure plays
d. Intermediaries
Content providers
What applies to any business that sells its products or services to consumers over the Internet?
a. C2C
b. B2C
c. B2B
d. C2B
B2C
Which of the following are the primary challenges to the ebusiness models?
a. Protecting customers
b. Providing security
c. All choices
d. Adhering to taxation rules
All choices
Which of the following represents sites primarily offering goods and services to assist consumers interacting with each other over the Internet?
a. B2B
b. B2C
c. C2B
d. C2C
C2C
What type of online auction occurs when buyers use it to purchase a product or service, selecting the seller with the lowest bid?
a. Electronic auction
b. Forward auction
c. Reverse auction
d. All of the above
Reverse auction
What is an online ad?
a. A box running across a web page that is often used to contain advertisements
b. Allows businesses to generate commissions or royalties from an Internet site
c. A technique that induces websites or users to pass on a marketing message to other websites or users
d. The ability of an organization to give its customers the opportunity to tailor products or services to customer’s specifications
A box running across a web page that is often used to contain advertisements
Which of the following represents any consumer that sells a product or service to a business over the Internet?
a. B2B
b. B2C
c. C2B
d. C2C
C2B
What is a website or web application that uses content form more than one source to create a completely new service?
a. Web Mashup
b. API
c. Mashup Editor
d. None of the above
Web Mashup
What is a business that operates in a physical store and on the Internet?
a. Brick-and-mortar business
b. Pure-play business
c. Click-and-mortar business
d. Electronic marketplace
Click-and-mortar business
What is an electronic check?
a. An Internet-based company that facilitates payments over the Internet
b. A mechanism for sending a payment from a checking or savings account
c. A system that sends bills over the Internet and provides an easy-to-use mechanism to pay the bill
d. Both software and information – the software provides security for the transaction and the information includes payment and delivery information
A mechanism for sending a payment from a checking or savings account
Which of the following is an example of a disruptive technology?
a. Oracle’s database software
b. Sony’s transistor-based consumer electronics (transistor radio)
c. Intel’s low-end microprocessor
d. All of the above
All of the above
Which of the following are the primary challenges to ebusiness models?
a. Providing security
b. Adhering to taxation rules
c. Protecting customers
d. All of the above
All of the above
What are the standards that specify the format of data as well as the rules to be followed during transmission?
a. Protocol
b. Internet
c. World Wide Web
d. Hypertext transport protocol
Protocol
Which of the following is not a term associated with web 3.0?
a. Transforming the web into a database
b. An evolutionary path to artificial intelligence
c. The realization of semantic web and SOA
d. Evolution toward web 4.0
Evolution toward web 4.0
Electronic data interchange (EDI) is a standard format for exchanging business data.
a. True
b. False
True
What is a community of fantasy?
a. People interact with each other on specific topics, such as golfing and stamp collecting
b. People come together to share certain life experiences, such as cancer patients, senior citizens, and car enthusiasts
c. People participate in imaginary environments, such as fantasy football teams and playing one-on-one with Michael Jordan
d. None of the above
People participate in imaginary environments, such as fantasy football teams and playing one-on-one with Michael Jordan
Which of the following is not one of the three services provided by market makers for market participants?
a. A place to trade
b. Rules to govern trading
c. Rules to govern business
d. An infrastructure to support trading
Rules to govern business
Which of the following offers an extensive array of unique services such as its own version of a web browser?
a. Internet service provider (ISP)
b. Online service provider (OSP)
c. Application service provider (ASP)
d. Wireless Internet service provider (WISP)
Online service provider (OSP)
What is a business that operates in a physical store without an Internet presence?
a. Brick-and-mortar business
b. Pure-play business
c. Click-and-mortar business
d. Electronic marketplace
Brick-and-mortar business
Disruptive technology tends to provide us with better, faster, and cheaper products.
a. True
b. False
False
Which two events occurred that forever changed the web and the amount and quality of available information?
a. Marc Andreesen’s first website and Tim Berners-Lee’s NCSA Mosaic computer program
b. Tim Berners-Lee’s first website and the invention of the microprocessor
c. Tim Berners-Lee’s first website and Marc Andreesen’s NCSA Mosaic computer program
d. Marc Andreesen’s NCSA Mosaic computer program and the invention of the microprocessor
Tim Berners-Lee’s first website and Marc Andreesen’s NCSA Mosaic computer program
Which of the following is not a valid type of emarketplace revenue model?
a. Loyalty fee
b. Subscription fee
c. Advertising fee
d. Fees for value-added services
Loyalty fee
Which of the following is not a valid type of egovernment ebusiness model?
a. G2G
b. G2B
c. M2G
d. C2G
M2G
What allows subscribers to connect to a server at designated hotspots or access points using a wireless connection?
a. Internet service provider (ISP)
b. Online service provider (OSP)
c. Application service provider (ASP)
d. Wireless Internet service provider (WISP)
Wireless Internet service provider (WISP)
Which of the following is an ebusiness challenge?
a. Improved information content
b. Increased convenience
c. Decreased cost
d. Increasing liability
Increasing liability
What is a business that operates on the Internet only without a physical store?
a. Brick-and-mortar business
b. Pure-play business
c. Click-and-mortar business
d. Electronic marketplace
Pure-play business
What is a financial cybermediary?
a. An Internet-based company that facilitates payments over the Internet
b. A mechanism for sending a payment from a checking or savings account
c. A system that sends bills over the Internet and provides an easy-to-use mechanism to pay the bill
d. Both software and information – the software provides security for the transaction and the information includes payment and delivery information
An Internet-based company that facilitates payments over the Internet
What is an associate program?
a. A box running across a web page that is often used to contain advertisements
b. Allows businesses to generate commissions or royalties from an Internet site
c. A technique that induces websites or users to pass on a marketing message to other websites or users
d. The ability of an organization to give its customers the opportunity to tailor products or services to customer’s specifications
Allows businesses to generate commissions or royalties from an Internet site