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Chapter 6 - Online Retailing & Services

Authored by Noor Sidek

Computers

University

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Chapter 6 - Online Retailing & Services
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the largest and most rapidly expanding part of the economy of advanced industrial nations?

Financial services

Insurance

Real estate

Service sector

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry group includes business services such as consulting and marketing?

Insurance

Business services

Real estate

Health services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the major sectors of the online travel market?

Airline tickets, Hotel reservations, Car rentals

Airline tickets, Hotel reservations, Cruises/tours

Airline tickets, Car rentals, Cruises/tours

Hotel reservations, Car rentals, Cruises/tours

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main function of social networks and online communities?

Online polling

Storage

Network discovery

Profiles

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market leader in online auction sites?

Alibaba

eBay

Amazon

Etsy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of auction uses a clock that displays a starting price and ticks down until a buyer stops it?

Group buying auctions

Name Your Own Price Auctions

English auction

Traditional Dutch auction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the benefit of online auctions related to price transparency?

Buyers increase their purchases as prices fall

Buyers can find sellers from anywhere around the globe

Prices do not descend and are fixed

Public internet auctions allow everyone in the world to see the asking and bidding prices for items

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