Ecommerce

E-Commerce is known as doing business through an ____ marketplace.

• Artificial

• International

• Electronic

• Open

Which of the following is NOT a characteristic of a virtual business?

• Does not have a physical store

• Offers digital goods or services

• Can reach customers in remote locations

• Has a physical store and location

The process of selling goods or services to a final consumer is known as B2C.

• True

• False

E-Commerce is known as doing business through an ____ marketplace.

• Artificial

• International

• Open

• Electronic

Which of the following is not a use for e-commerce?

• Socializing

• A. Marketing

• Investing

• Researching

_________ with e-commerce makes it easier to keep personal orders separate from business.

• Investing

• Banking

• Marketing

• Researching

_____ with e-commerce allows business owners to observe the market for current up-to-date prices.

• Researching

• Investing

• Marketing

• Banking

A Cybernediary brings previously unknown sellers and buyers together.

• True

• False

Advantages of e-commerce do NOT include ____.

• Increased international sales

• Sudden increased productivity

• Potential to eliminate intermediarie

• Required daily site maintenance

An example of goods that are considered successful e-commerce product is ______________.

• Custom fitted clothing

• Music

• Scented candles

• Food