Chap 1 (1.1)

What is the primary principle of traditional commerce?

• Exchange of goods and services

• Use of digital platforms

• Social media marketing

• Cloud computing

According to Laudon & Traver, what is e-commerce?

• Using the Internet and the web to transact business

• Selling products in physical stores

• Conducting business through telephones

• Exchanging goods without money

Which of the following is NOT a benefit of e-commerce for businesses?

• Reducing production costs

• Expanding the market globally

• Increasing physical store locations

• Building customer relationships

What does C2C stand for in e-commerce?

• Corporate-to-Corporate

• Customer-to-Customer

• Company-to-Company

• Consumer-to-Consumer

Which of the following is a disadvantage of e-commerce?

• Lower prices for consumers

• Increased market reach

• Transaction safety concerns

• Faster delivery times

What is the essence of logistics in e-commerce?

• Enhancing customer service through phone

• Reducing online marketing costs

• Increasing physical store presence

• Optimizing three circulation flows

Which type of logistics is concerned with the flow of goods from suppliers to firms?

• Outbound Logistics

• Inbound Logistics

• Third Party Logistics

• Reverse Logistics

What does the term 'S-Commerce' refer to?

• Standardized Commerce

• Sustainable Commerce

• Service Commerce

• Social Commerce

Which of the following is a factor driving e-commerce in the future?

• Decreasing internet users

• Decline in mobile commerce

• Growth of social commerce

• Reduction in online shopping

What is a key characteristic of e-logistics compared to traditional logistics?

• Limited customer interaction

• Real-time responsiveness

• Focus on physical stores

• Predictable delivery times