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an office supply broker combines orders from fifteen small offices into a single order, which results in a much lower price for each of the small offices due to volume discounts. This is an example of the_______ EC business model

group purchasing

The business environement consists of a variety of factors, which are:

Social, technologocal, legal, economic, physical, and political

Companies that link their intranets to those of their business partners over networks are called:

extranet

A _________ supports the monitoring, collection, storage, processing, and dissemination of the organization's basic business transactions

transaction processing system (TPS)

What is the "legacy data acquisition" problem?

Hardware vendor incompabilities when storing and sharing multimendia data across platforms

A field identified in a table as holding the unique identifier of the table's records is called the:

Primary key

Duplicate data in multiple data files is

data redundancy

The most important communication standard today for linking disparate computers and networks is

Transmission Control Protocol/ Internet Protocol (TCP/IP)

A network that covers a large geographic area is most commonly referred to as a(n)

Wide area network

A VPN (Virtual Private Network)

is an encrypted private network configured within the public internet

Reducing the business process layers in a distribution channel is called

disintermediation

eBay is an example of

C2C electronic commerce

An infrastructure that allows secure communications among business partners over the internet is a(n)

extranet

which of the following are advantages of computer networks?

A) they enable organizations to be more flexible
B) they enable companies to share hardware, computer applications, and data
C) they enable geographically dispersed employees to work together
D) they provide a critical link between businesses and their customers
E) all of the above!

The __________________ is a model in which organizations attempt to buy needed products or services from other organizations electronically

buy-side marketplace

Channel conflict means competition between...

the traditional channel of firm A and the electronic channel of firm A

Which of the following helps managers to design pricing policy?

decision support systems

Assume in 2000, the number of components on a single chip is 10to-the-power-of-6. According to Moore's law, in 2020, the number will increase to

10to-the-power-of-6 * 2to-the-power-of-ten

Which technology uses the Internet Protocol to deliver voice information from using packet switching

VoIP

A device that filter forward data to a specified destination within individual networks is called a

switch

Which of the following is not one of the unique features of e-commerce technology?

information asymmetry

Pure-play business models:

did not have an earlier existing bricks-and-mortar business before they went to the internet

These systems are typically a major source of data for other systems

descision-support systems

which of the following is the possible output of MIS?

weekly summary reports

The logical view:

shows how data are organized and structured on the storage media

compared to digital markets, traditional markets:

have higher transaction costs

The major advantage of business-to-business e-commerce is the automation of business transactions

false

IT applications in an industry will lead to higher price/ cost transparency and thus will lower price pressure

true

transaction processing systems only process data in batches

false

A network used within an organization that is conceptually similar to the Internet is called an Intranet

True

___________ organizations are those that conduct some e-commerce activities, yet their primary business is done in the physical world

Click and morter

Prior to the development of _________, computer networks used leased, dedicated telephone circuits to communicate with other computers in remote locations

packet switching

The manner in which the components of a network are connected is referred to as its __________

Star topology

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