5 Written Questions
5 Matching Questions
- International business
- Exchange rate
- Domain extensions
- a an organization or business which conducts electronic commerce with nations around the globe; any business that has a storefront on the Web and has the mechanisms in place to sell and ship to countries other than its own.
- b Every domain name has a suffix that indicates which top level domain (TLD) it belongs to. These are often indicative of the origin or type of site to which the domain name points. Example: in the URL--
- c digital communication (as between users) in which there is no timing requirement for transmission of messages; time is not a constraint for the person sending or the person receiving the message.
- d the ratio at which the principal unit of two currencies may be traded; international businesses offer this information as a customer service.
- e The process of losing distribution channels when they are no longer needed. The growth of e-commerce has effected the need for retail intermediaries or "middlemen" that exist between the producer and the consumer. One example would be the effect that Online Ticket Purchases has had on Travel Agencies. Consumers are learning that the ability to buy directly from the producer saves money as the cost markup that occurs with the "middleman" has been eliminated.
5 Multiple Choice Questions
- Individuals who develop Internet-based Intermediary solutions.
- taxes that are levied by national, state, and local governments on the net income generated by business activities; one of the greatest taxation concerns faced by international e-businesses.
- A new trend in education and training whereby courses are offered via the internet from a remote site. This allows for prospective students to access and receive credit for courses without geographical limitations and schedule constraints. Both secondary and post-secondary institutions have been able to increase their profitability through additional programs and enrollment with minimal overhead costs.
- the act of becoming worldwide in scope or application
- The conditions which determine a company's ability to make a profit after their expenses are deducted from their income from sales. Variables include overhead such expenses as facility, equipment, inventory, distribution and wages. E-Commerce businesses have improved their overall profitability through the increased productivity achieved through the speed of the internet and the ability to eliminate intermediary costs.
5 True/False Questions
Culture → the customary beliefs, social forms, and material traits of a racial, religious, or social group.
Electronic Wallets → A file on a seller's web site that contains buyer information such as buyer name, credit card information, and shipping requirements/preferences.
E-Service → The methods that a company uses to provide customer service directly from its web site.
Manual Inventory Controls → The process of counting and collecting information on current inventory manually. This is done on a periodic basis, unlike Continuous Inventory Control. Therefore, it is not well-suited to online selling as the current inventory status is not regularly updated.
Real-Time Marketing → The process of adding of a level of the distribution system. In e-Commerce this refers to the new type of intermediation being pursued by Web entrepreneurs who are exploiting markets that could not have existed before the Internet. Web sites that assist people in comparison shopping are an example of re-intermediation in e-Commerce. E-Check service providers are another example as they facilitate the online payment for goods and services.