5 Written questions
5 Matching questions
- Electronic Wallets
- Transaction taxes
- a Individuals who develop Internet-based Intermediary solutions.
- b The use of sophisticated phone systems to conduct meetings with multiple persons at remote locations.
- c include sales taxes, use taxes, and excise taxes, are levied on the products or services that the business sells; the sales tax issue is probably one of the most immediate concerns of e-businesses today.
- d The methods that a company uses to provide customer service directly from its web site.
- e A file on a seller's web site that contains buyer information such as buyer name, credit card information, and shipping requirements/preferences.
5 Multiple choice questions
- a web address; locates an organization or other entity on the Internet. Domain names are used in URLs to identify particular Web pages. For example, in the URL-- http://www.stewsnews.com/actors/bradpitt.html, the domain name is stewsnews.com.
- Channels 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.
- 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.
- 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.
- Products are ordered and then manufactured on an as-needed basis to reduce warehousing costs.
5 True/False questions
Electronic Payments → A file on a seller's web site that contains buyer information such as buyer name, credit card information, and shipping requirements/preferences.
Jurisdiction → the ability of a government to exert control over a person or corporation
Globalization → the ability of a government to exert control over a person or corporation
Manual Inventory Controls → The process of managing product inventory where the information is updated instantaneously each time there is an increase or decrease to the stock-in-hand. This is the type of inventory management that is necessary to e-Commerce businesses as it enables the seller to provide customers with product availability information that is current.
Continuous Inventory Control → 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.