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5 Written questions

5 Matching questions

  1. Domain extensions
  2. Manual Inventory Controls
  3. Cyber-Intermediaries
  4. Just-in-Time Inventory--JIT
  5. Payment Gateways
  1. a Individuals who develop Internet-based Intermediary solutions.
  2. 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--
  3. c A company that serves as an intermediary for businesses to provide online payment options to customers. Payment gateways handle the technical steps involved in allowing customers to pay for purchases online. Cybercash and ExciteStores are examples.
  4. d Products are ordered and then manufactured on an as-needed basis to reduce warehousing costs.
  5. e 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.

5 Multiple choice questions

  1. the customary beliefs, social forms, and material traits of a racial, religious, or social group.
  2. 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.
  3. 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.
  4. This refers to the movement of products or services from the producer to the consumer.
  5. the ratio at which the principal unit of two currencies may be traded; international businesses offer this information as a customer service.

5 True/False questions

  1. Direct Distribution ChannelsChannels of distribution that require an intermediary such as a retail distributor to add value between the manufacturer and the consumer. The ability to buy online directly from the manufacturer has eliminated the need for Indirect Distribution Channels.


  2. Video-conferencingThe ability to have face-to-face interaction with business counterparts, clients, customers, etc, at remote locations via the internet and computer video capture devices. As the speed of internet connections become faster, the use of video-conferencing is expected to have a major influence on the way we do business. It allows for international "virtual meetings" to occur without the inconvenience of time and travel.


  3. ProductivityThe 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.


  4. Merchant Account Provider (MAP)"Right this instant;" the immediate response to buyer inquiry made possible through the interactive nature of the internet.


  5. Order FulfillmentActivities including selecting the merchandise, checking to make sure the order has been filled correctly, packing, shipping, and billing for the merchandise. This is one of the strengths of e-Commerce as it has significantly decreased the amount of time in which this process occurs.


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