E-commerce Quiz

What does E-commerce stand for?

• Electronic Communication

• Electronic Commercialization

• Electronic Commerce

• Electronic Community

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

• Expanding to global markets

• Reducing marketing and promotion costs

• Increasing taxes

• Improving customer service

What does SSL stand for in the context of E-commerce security?

• Secure Server Line

• Secure Socket Layer

• Security Safety Line

• Safe Signal Link

What is required to start accepting online credit card payments?

• An internet domain

• A social media account

• An Internet Merchant Bank Account

• A printed catalog

Which of the following is a common cost associated with running an E-commerce site?

• Employee training

• Transaction fees

• Print advertisement cost

• Electricity charges

How long does it typically take for an online transaction to be processed?

• 1-2 minutes

• 10-15 seconds

• 5-7 seconds

• 30 seconds

What technology enables encrypted communication between a website and payment gateway?

• HTML

• JavaScript

• SSL

• FTP

In most cases, how are the Merchant ID and Terminal ID provided by the bank?

• They are never needed

• They are always different

• They are usually the same number

• They are generated online by the user

What language has contributed to solving the standardization issues of E-commerce data formats?

• HTML

• XML

• CSS

• C++

What is the role of Logic Commerce in the E-commerce setup process?

• It is a courier company

• It offers shopping mall space

• It registers online merchants and provides payment gateway software

• It provides marketing training