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WEEK1 QUIZ BUIS3103

Authored by Nor Ariffin

Computers

12th Grade

WEEK1 QUIZ BUIS3103
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What does E-business refer to?

Business transactions that only involve physical goods

Business transactions that take place online

Business transactions that take place offline

Business transactions that require personal meetings

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is NOT a feature of online business?

No geographical boundaries

Higher transaction risk than traditional business

Personal touch in transactions

Flexible business hours

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is a key advantage of E-commerce over traditional commerce?

Heavy dependency on personal communication

Synchronous communication for transactions

Asynchronous communication capabilities

Difficulties in establishing standard practices

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is a component of a business model?

Manual transaction processing

Physical store location

Personal communication

Market strategy

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What does 'first-mover advantage' refer to?

The last company to enter a market

A company that follows market trends

A company that has the most resources

The first company to enter a new market

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