What is e-commerce?
Chapter 2: The Digital Economy

Quiz
•
Other
•
University
•
Easy
celestin Bekolo
Used 7+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Sharing goods and services through social media platforms.
Trading goods and services through phone calls.
Buying and selling of goods and services over the internet.
Exchanging goods and services through physical stores.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Name one advantage of digital payment systems.
Cost-effectiveness
Security
Privacy
Convenience
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the main difference between e-commerce and traditional commerce?
E-commerce involves physical stores, while traditional commerce involves online stores.
E-commerce is more expensive than traditional commerce.
E-commerce is only used for small businesses, while traditional commerce is used for large businesses.
E-commerce involves online transactions, while traditional commerce involves offline transactions.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the key components of a digital payment system?
credit card, debit card, cash
barcode scanner, receipt printer, cash register
payment gateway, payment processor, digital wallet
ATM, bank teller, checkbook
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the challenges faced by e-commerce businesses?
Lack of technological infrastructure, poor website design, and limited payment options.
Lack of customer demand, high operating costs, and limited market reach.
Competition, customer trust, logistics, cybersecurity, and customer retention.
Lack of product variety, poor customer service, and limited marketing strategies.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the different types of digital payment systems?
Mobile wallets, online banking, peer-to-peer payment apps, cryptocurrencies, and contactless payment methods.
ATM withdrawals, direct deposit, and prepaid cards.
Checks, money orders, and wire transfers.
Credit cards, debit cards, and cash.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the benefits of online marketplaces for sellers?
Access to a larger customer base, increased visibility and brand exposure, simplified payment and shipping processes, and easy sales management.
No access to a larger customer base, low visibility and brand exposure, complicated payment and shipping processes, and inefficient sales management.
Decreased visibility and brand exposure, smaller customer base, complicated payment and shipping processes, and challenging sales management.
Higher costs and fees, limited customer reach, complex payment and shipping processes, and difficult sales management.
Create a free account and access millions of resources
Similar Resources on Wayground
14 questions
IGCSE Accounting Quiz

Quiz
•
10th Grade - University
15 questions
Digital Platforms Quiz

Quiz
•
University
10 questions
SUPPLY CHAIN MANAGEMENT

Quiz
•
University
10 questions
Mastering Quickbooks Online Administration - Domain 1

Quiz
•
University
15 questions
Overview of E-Banking

Quiz
•
University
11 questions
DRTL Trivia

Quiz
•
University
5 questions
Digital commerce

Quiz
•
University
14 questions
Tutorial 9

Quiz
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade