AACS2733 Chapter 1

What does ETP stand for in the context of economic development?

• Economic Trade Partnership

• Environmental Transformation Program

• Energy Transition Plan

• Economic Transformation Programme

Which of the following was the objective of the "Virtual Mall" project under the ETP?

• To develop physical shopping centers

• To promote traditional brick-and-mortar retail stores

• To stimulate growth in the Internet-based retail market

• To facilitate international trade agreements

Which of the following best defines Electronic Commerce (EC)?

• The process of buying, selling, or exchanging products, services, or information via computer or any electronic means

• The process of buying and selling products in physical stores

• The process of exchanging goods and services in person

• The process of conducting business transactions using cash payments only

"Electronic commerce is broadly equivalent to electronic business". Which diagram support this statement?

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In e-Commerce, if all activities are digital, it is known as ____

• Pure EC

• Partial EC

• Non EC

• Future EC

Companies that conduct their business activities solely online is known as ____ organizations.

• Brick-and-mortar

• Virtual

• Click-and-mortar

• old economy

"Setabak" sells branded stored value cards to companies to give as gifts to their employees or customers. What type of e-commerce is this?

• B2B

• B2C

• B2B2C

• C2B

_____ refers to online activities and communication done by parties working to attain the same goal.

• c-Commerce

• e-Learning

• e-Government

• e-Marketing

Can shop any time from any place is the e-Commerce benefits to ____

• organization

• company

• society

• consumer

Which of the following is the TECHNICAL LIMITATION to e-Commerce?

• Online fraud is increasing

• Telecommunication bandwidth

• Security and privacy concerns

• Legal and public policy issues