e-Business Quiz

What is e-business?

• Selling goods through physical stores

• The organized effort of individuals to produce and sell goods/services via the Internet

• Only the buying and selling of products online

• None of the above

Which of the following is NOT a part of e-business?

• Servicing customers online

• Collaborating with business partners

• Conducting electronic transactions within an organization

• Buying groceries from a local market

What does e-commerce primarily refer to?

• Only the exchange of information within an organization

• The process of buying, selling, transferring, or exchanging products, services, or information via computer networks

• Traditional commerce done face-to-face

• Business done only through mobile apps

Which of the following is a B2C example?

• Dell sourcing components from Intel

• A designer selling a logo to a company

• Amazon selling books to a customer

• A consumer selling used items on eBay

Which of the following is a B2B example?

• A consumer buying shoes from Zalora

• A company buying software licenses from Microsoft

• A photographer selling images on iStock

• Government collecting taxes online

Which e-commerce model involves consumers setting the price of a product?

• B2B

• B2C

• C2B

• C2C

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

• Global reach

• Convenience

• Lack of personal interaction

• 24/7 availability

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

• Reduced costs for businesses

• Immediate product availability

• Physical product inspection

• Face-to-face customer service

Which of the following is a key difference between traditional commerce and e-commerce?

• E-commerce has higher overhead costs

• Traditional commerce operates 24/7

• E-commerce allows for global reach

• Traditional commerce uses digital payment methods

What is a future trend in e-commerce?

• Decline in mobile commerce

• Use of Augmented Reality (AR) and Virtual Reality (VR)

• Increase in physical stores only

• Elimination of online payment systems