E-commerce Ultimate Trivia Quiz!

Approved & Edited by ProProfs Editorial Team
The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.
Learn about Our Editorial Process
| By Stiebp
S
Stiebp
Community Contributor
Quizzes Created: 1 | Total Attempts: 389
Questions: 94 | Attempts: 389

SettingsSettingsSettings
E-commerce Ultimate Trivia Quiz! - Quiz

.


Questions and Answers
  • 1. 

    The Internet has only a limited impact on our personal lives.

    • A.

      T

    • B.

      F

    Correct Answer
    B. F
    Explanation
    The statement suggests that the Internet has a limited impact on our personal lives. However, this is incorrect. The Internet has a significant impact on our personal lives, as it has revolutionized communication, access to information, and the way we conduct various activities such as shopping, banking, and entertainment. It has also influenced our social interactions and relationships. Therefore, the correct answer is false.

    Rate this question:

  • 2. 

    No single authority controls the Internet.

    • A.

      T

    • B.

      F

    Correct Answer
    A. T
    Explanation
    The statement is true because the Internet is a decentralized network that is made up of millions of interconnected devices and networks. There is no central governing body or authority that has complete control over the Internet. Instead, it is governed by a collaborative effort between various organizations, governments, and individuals who work together to maintain its infrastructure and ensure its functionality.

    Rate this question:

  • 3. 

    To find pages, or addresses, on the Web, you’ll need to know the domain name.

    • A.

      T

    • B.

      F

    Correct Answer
    B. F
    Explanation
    The given statement is false. To find pages or addresses on the web, you do not necessarily need to know the domain name. Search engines like Google allow users to search for specific information or keywords, and they provide a list of relevant web pages regardless of the domain name. Additionally, users can also access web pages through direct links or bookmarks without needing to know the domain name. Therefore, the statement is incorrect.

    Rate this question:

  • 4. 

    Each computer has its own Internet search engine.

    • A.

      T

    • B.

      F

    Correct Answer
    B. F
  • 5. 

    E-commerce is the fastest-growing form of commerce in the world.

    • A.

      T

    • B.

      F

    Correct Answer
    A. T
    Explanation
    E-commerce refers to the buying and selling of goods and services over the internet, and it has experienced rapid growth in recent years. This is due to various factors such as advancements in technology, increased internet accessibility, and changing consumer preferences. As a result, e-commerce has become the fastest-growing form of commerce globally, outpacing traditional brick-and-mortar retail.

    Rate this question:

  • 6. 

    What is the definition of e-commerce?

    • A.

      The transmission of e-mail over the Internet

    • B.

      Sales through catalog and telephone

    • C.

      The conducting of business and communication transactions by electronic means

    • D.

      Information provided by the U.S. Census Bureau

    Correct Answer
    C. The conducting of business and communication transactions by electronic means
    Explanation
    E-commerce refers to the conducting of business and communication transactions by electronic means. This includes activities such as online shopping, electronic funds transfer, online banking, and online advertising. It involves the use of the internet and other digital technologies to facilitate buying and selling of goods and services, as well as communication between businesses and consumers. E-commerce has revolutionized the way businesses operate and has greatly expanded the reach and accessibility of products and services to a global audience.

    Rate this question:

  • 7. 

    How has e-commerce revolutionized business?

    • A.

      It has allowed businesses to utilize new avenues of advertising, selling, and distribution.

    • B.

      It attempts to level the playing field.

    • C.

      It transcends geographic boundaries.

    • D.

      All of the above

    Correct Answer
    D. All of the above
    Explanation
    E-commerce has revolutionized business by providing new opportunities for advertising, selling, and distribution. It allows businesses to reach a wider audience and compete on a global scale, transcending geographic boundaries. By utilizing e-commerce platforms, businesses can level the playing field and compete with larger companies. Therefore, the correct answer is "all of the above".

    Rate this question:

  • 8. 

    _______ is commerce, but it is commerce accelerated and enhance by IT. 

    • A.

      Electronic commerce

    • B.

      Business to business

    • C.

      Public key

    • D.

      Mass customization

    Correct Answer
    A. Electronic commerce
    Explanation
    Electronic commerce refers to the buying and selling of goods and services over the internet. It involves online transactions, electronic funds transfer, and online marketing. With the use of information technology, electronic commerce has been accelerated and enhanced, allowing for faster and more efficient transactions, improved customer experiences, and increased reach and accessibility.

    Rate this question:

  • 9. 

    _________ e-commerce occurs when a business sells products and services to customers who are primarily individuals. 

    • A.

      Business to business

    • B.

      Business to consumer

    • C.

      Consumer to business

    • D.

      Business to government

    Correct Answer
    A. Business to business
    Explanation
    Business to business e-commerce refers to the online transactions between two businesses, where one business sells products and services to another business. In this scenario, the question states that the business sells products and services to customers who are primarily individuals, which aligns with the concept of business to consumer e-commerce.

    Rate this question:

  • 10. 

    _______ e-commerce is relatively small compared to BB e-commerce. 

    • A.

      Business to business

    • B.

      Business to consumer

    • C.

      Consumer to business

    • D.

      Government to business

    Correct Answer
    B. Business to consumer
    Explanation
    The given correct answer is "business to consumer". This means that the e-commerce transactions between businesses and consumers are relatively small compared to the e-commerce transactions between businesses. In other words, the volume or size of e-commerce activities between businesses and consumers is smaller than the volume or size of e-commerce activities between businesses.

    Rate this question:

  • 11. 

    Consumers are usually most familiar with _______ e-commerce.

    • A.

      Business to consumer

    • B.

      Consumer to business

    • C.

      Business to business

    • D.

      Business to government

    Correct Answer
    A. Business to consumer
    Explanation
    Consumers are usually most familiar with business to consumer e-commerce because it refers to online transactions between businesses and individual consumers. This type of e-commerce involves businesses selling products or services directly to consumers through online platforms or websites. It is the most common form of e-commerce that people encounter in their daily lives, as they often shop online from various businesses for personal use.

    Rate this question:

  • 12. 

    _________ e-commerce occurs when an individual sells products and services to a business.  

    • A.

      Consumer to business

    • B.

      Business to consumer

    • C.

      Business to business

    • D.

      Business to government

    Correct Answer
    A. Consumer to business
    Explanation
    Consumer to business e-commerce occurs when an individual sells products and services to a business. In this type of e-commerce, the consumer acts as the seller and the business acts as the buyer. This can happen when an individual sells handmade products, crafts, or services to a business for their use or resale. It is the opposite of the more common business to consumer e-commerce, where businesses sell products and services directly to individual consumers.

    Rate this question:

  • 13. 

    _____ e-commerce occurs when an infividual sells products ans servies to another individual. 

    • A.

      Consumer to consumer

    • B.

      Business to consumer

    • C.

      Consumer to business

    • D.

      Business to business

    Correct Answer
    A. Consumer to consumer
    Explanation
    Consumer to consumer e-commerce occurs when individuals sell products and services directly to other individuals. This type of e-commerce typically takes place on online platforms or marketplaces where individuals can list and sell their items to other consumers. Examples of consumer to consumer e-commerce include online classified ads, peer-to-peer selling platforms, and social media marketplaces. In this model, individuals act as both buyers and sellers, creating a direct exchange of goods and services between consumers.

    Rate this question:

  • 14. 

    _________ e-commerce occurs when a business sells products and services to a government entity. 

    • A.

      Business to government

    • B.

      Consumer to consumer

    • C.

      Business to consumer

    • D.

      Consumer to business

    Correct Answer
    A. Business to government
    Explanation
    Business to government (B2G) e-commerce refers to the selling of products and services from a business to a government entity. In this type of transaction, businesses provide goods and services to government organizations, such as supplying office equipment or software solutions. B2G e-commerce is often characterized by large-scale contracts and procurement processes that cater to the specific needs of government agencies. This type of e-commerce allows government entities to efficiently acquire the necessary products and services from businesses, streamlining the procurement process.

    Rate this question:

  • 15. 

    Using digital technologies to transform govvernment operations to increase efficencies is referred to as ___. __________

    • A.

      Electronic government

    • B.

      Consumer to government

    • C.

      Government to consumer

    • D.

      Consumer to consumer

    Correct Answer
    A. Electronic government
    Explanation
    The term "electronic government" refers to the use of digital technologies to improve government operations and increase efficiency. It involves the implementation of online platforms, digital services, and automation to streamline processes and enhance communication between the government and its citizens. This can include online forms, digital payments, electronic records, and other technological advancements that aim to make government services more accessible and efficient for the public.

    Rate this question:

  • 16. 

    ________ e-commerce accounts when a individual sellls products ans servies to a government entity. 

    • A.

      Consumer to government

    • B.

      Government to consumer

    • C.

      Consumer to consumer

    • D.

      Business to government

    Correct Answer
    A. Consumer to government
    Explanation
    The correct answer is consumer to government. This refers to the type of e-commerce where an individual sells products and services directly to a government entity. In this scenario, the consumer is the seller and the government is the buyer. This type of e-commerce transaction often involves government procurement processes and may require specific certifications or qualifications for the seller to be able to sell to the government.

    Rate this question:

  • 17. 

    __________ e-commerce occurs when a government entity sells products and services to a business. 

    • A.

      Government to business

    • B.

      Business to government

    • C.

      Consumer to government

    • D.

      Government to consumer

    Correct Answer
    A. Government to business
    Explanation
    Government to business e-commerce refers to the scenario where a government entity sells products and services to a business. This type of e-commerce involves the government acting as the seller, offering its goods or services to businesses for purchase. It can include various transactions, such as government agencies selling supplies or services to private companies, government auctions, or government contracts with businesses. In this type of e-commerce, the government plays the role of the supplier, while the business acts as the buyer.

    Rate this question:

  • 18. 

    Soliciting bids for the construction of a new state university building would be an example of _____________. 

    • A.

      Government to business

    • B.

      Business to government

    • C.

      Consumer to government

    • D.

      Government to consumer

    Correct Answer
    A. Government to business
    Explanation
    Soliciting bids for the construction of a new state university building would be an example of government to business. In this scenario, the government is seeking proposals and bids from businesses in order to select a contractor for the construction project. The government is the entity initiating the process and the businesses are the ones responding to the government's request.

    Rate this question:

  • 19. 

    __________ e-commerce occurs when a government entity sells products and services to business. 

    • A.

      Government to business

    • B.

      Business to government

    • C.

      Consumber to government

    • D.

      Government to consumer

    Correct Answer
    A. Government to business
    Explanation
    Government to business e-commerce refers to the scenario where a government entity sells products and services to businesses. This can include government agencies selling goods or services to private companies or providing procurement opportunities for businesses. This type of e-commerce is often used for government contracts, tenders, and other business transactions between the government and private sector entities.

    Rate this question:

  • 20. 

    An organization like Sears that has both stores and a Web site for business transactions is referred to as a _______

    • A.

      Click and mortar

    • B.

      Electronic government

    • C.

      Virtual

    • D.

      Vertical government integraton

    Correct Answer
    A. Click and mortar
    Explanation
    An organization like Sears that has both physical stores and a web presence for conducting business transactions is referred to as a "click and mortar" organization. This term is used to describe businesses that combine traditional brick-and-mortar operations with online activities. By having both a physical presence and an online platform, click and mortar organizations can cater to a wider range of customers and provide them with multiple options for shopping and interacting with the brand.

    Rate this question:

  • 21. 

    A click-and-order has a presence only in the _____ world. 

    • A.

      Crazy

    • B.

      Virtual

    • C.

      Computer

    • D.

      None of these

    Correct Answer
    C. Computer
    Explanation
    A click-and-order refers to the process of making a purchase online by simply clicking on a product and placing an order. This process is strictly limited to the virtual or computer world, as it involves using a computer or electronic device to access and navigate through online platforms or websites to complete the purchase. Therefore, the correct answer is "computer."

    Rate this question:

  • 22. 

    __________ e-commerce refers to the electronic commerce activities performed within a nation's government. 

    • A.

      Government to government

    • B.

      Business to government

    • C.

      Government to business

    • D.

      Consumer to business

    Correct Answer
    A. Government to government
    Explanation
    Government to government e-commerce refers to the electronic commerce activities performed between different government entities within a nation. This can include transactions, information exchange, and other electronic interactions between government agencies, departments, or branches. It enables governments to streamline processes, improve efficiency, and enhance communication and collaboration. This type of e-commerce is often used for procurement, interagency coordination, data sharing, and other government-related activities.

    Rate this question:

  • 23. 

    __________ integration refers to the electronic integration of government agencies, activities and processes up and down federal state and local government levels. 

    • A.

      Vertical government

    • B.

      Business to government

    • C.

      Consumer to consumer

    • D.

      Click and mortar

    Correct Answer
    A. Vertical government
    Explanation
    Vertical government integration refers to the electronic integration of government agencies, activities, and processes across different levels of government, including federal, state, and local levels. This type of integration allows for seamless communication and coordination between government entities, facilitating efficient and effective governance. It promotes collaboration and information sharing, leading to improved service delivery and decision-making processes. Vertical government integration is essential for achieving a cohesive and interconnected government system that works towards common goals and serves the needs of the public.

    Rate this question:

  • 24. 

    Electronic integration between the city of Chicago and the Illinois state government is referred to as _______ 

    • A.

      Vertical government integration

    • B.

      Horizontal government

    • C.

      Electronic government

    • D.

      Virtual

    Correct Answer
    A. Vertical government integration
    Explanation
    Vertical government integration refers to the electronic integration between different levels of government, such as the city of Chicago and the Illinois state government. This integration allows for the sharing of information, data, and resources between these entities, leading to improved efficiency, coordination, and decision-making. It enables seamless communication and collaboration, ensuring that various government agencies and departments work together effectively towards common goals and objectives.

    Rate this question:

  • 25. 

    ________ integration refers to the electronic integration of government agencies, activities, and processes across a specific level of government 

    • A.

      Horizontal government

    • B.

      Vertical government

    • C.

      Virtual governemtn

    • D.

      Up-down government

    Correct Answer
    A. Horizontal government
    Explanation
    Horizontal government refers to the electronic integration of government agencies, activities, and processes across a specific level of government. This means that different government agencies within the same level of government are connected electronically, allowing for seamless sharing of information and collaboration. This integration aims to improve efficiency, coordination, and decision-making within the government.

    Rate this question:

  • 26. 

    When the New York state attorney general and the governor share informaton electronicaily, it is an example of ______

    • A.

      Horizontal government

    • B.

      Vertical government

    • C.

      Up-down government

    • D.

      Virtual government

    Correct Answer
    A. Horizontal government
    Explanation
    When the New York state attorney general and the governor share information electronically, it is an example of horizontal government. Horizontal government refers to the collaboration and communication between different branches or levels of government, such as state agencies or departments, to achieve common goals. In this case, the attorney general and the governor, who are both part of the executive branch, are sharing information horizontally, indicating a collaborative approach within the same level of government.

    Rate this question:

  • 27. 

    _______ products are best suited for BC e-commerce.

    • A.

      Digital

    • B.

      Virtual

    • C.

      Commodity-like

    • D.

      Books and music

    Correct Answer
    A. Digital
    Explanation
    Digital products are best suited for BC e-commerce because they can be easily accessed and delivered electronically. Unlike physical products, digital products do not require shipping or storage costs, making them more cost-effective for e-commerce businesses. Additionally, digital products can be easily replicated and distributed, allowing for scalability and reaching a larger customer base.

    Rate this question:

  • 28. 

    People are most comforable buying __________ products over the Internet.

    • A.

      Commodity like

    • B.

      Digital

    • C.

      Books and music

    • D.

      Virtual

    Correct Answer
    A. Commodity like
    Explanation
    People are most comfortable buying commodity-like products over the Internet because these products are usually standardized, easily comparable, and have low perceived risk. Commodity-like products refer to goods that are mass-produced and widely available, such as basic household items or everyday consumer goods. Since these products are not unique or customized, consumers feel more confident purchasing them online without physically inspecting or trying them. Additionally, the convenience, wide selection, and competitive pricing offered by online platforms make commodity-like products a popular choice for online shopping.

    Rate this question:

  • 29. 

    _________ refers to the ability of an organziation to tailor products to customer specifications 

    • A.

      Mass customization

    • B.

      Indirect

    • C.

      Digital

    • D.

      Demand aggregation

    Correct Answer
    A. Mass customization
    Explanation
    Mass customization refers to the ability of an organization to tailor products to customer specifications. This means that the organization can offer a wide range of customizable options to customers, allowing them to personalize their products according to their preferences. This approach combines the benefits of mass production, such as cost-efficiency, with the advantages of customization, such as meeting individual customer needs and preferences. By offering mass customization, organizations can enhance customer satisfaction, increase customer loyalty, and gain a competitive advantage in the market.

    Rate this question:

  • 30. 

    ________ materials used in teh normal operation of a business but not related to primary business operations. 

    • A.

      Indirect

    • B.

      Demand aggregation

    • C.

      Direct

    • D.

      Reverse action

    Correct Answer
    A. Indirect
    Explanation
    Indirect materials refer to materials that are used in the normal operation of a business but are not directly related to primary business operations. These materials can include items such as office supplies, cleaning supplies, or maintenance tools. Unlike direct materials, which are used in the production process and are directly incorporated into the final product, indirect materials are not directly used in the production process but are necessary for the smooth functioning of the business. Therefore, the correct answer is indirect.

    Rate this question:

  • 31. 

    ________ combines purchase requests from multiple buyers into a single large order, which justifies a discount from the business. 

    • A.

      Demand aggregation

    • B.

      Direct

    • C.

      Indirect

    • D.

      Mass customization

    Correct Answer
    A. Demand aggregation
    Explanation
    Demand aggregation combines purchase requests from multiple buyers into a single large order. This allows the business to negotiate a discount based on the bulk purchase, resulting in cost savings. By consolidating the demand from multiple buyers, the business can achieve economies of scale and leverage its purchasing power to obtain better pricing and terms from suppliers. This strategy is commonly used in B2B transactions where multiple buyers have similar needs and can benefit from pooling their purchasing power.

    Rate this question:

  • 32. 

    _______ materials are materials that are used during production in a manufacturing company or are placed on the shelf for sale in a retail environment. 

    • A.

      Indirect

    • B.

      Direct

    • C.

      Reverse action

    • D.

      Books and music

    Correct Answer
    B. Direct
    Explanation
    Direct materials are materials that are used during production in a manufacturing company or are placed on the shelf for sale in a retail environment. These materials are directly involved in the production process or are sold as finished goods. They can include raw materials, components, and packaging materials that are essential for the manufacturing process. Direct materials are distinguishable from indirect materials, which are not directly involved in the production process but are necessary for the overall functioning of the company.

    Rate this question:

  • 33. 

    A(n) ________ occurs when a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left. 

    • A.

      Reverse action

    • B.

      Mass customization

    • C.

      Electronicmarket place

    • D.

      Demand aggregation

    Correct Answer
    A. Reverse action
    Explanation
    A reverse action occurs when a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left. This process is also known as reverse auction, where the roles of buyers and sellers are reversed compared to a traditional auction. In a reverse action, sellers try to outbid each other to win the buyer's business by offering the lowest price.

    Rate this question:

  • 34. 

    ___________ is the name given to an interactive business providing a centralized market where many buyers and suppliers can come together for e-commerce or commerce-related activities. 

    • A.

      Electronic market place

    • B.

      Social networking

    • C.

      Affilate program

    • D.

      Marketing mix

    Correct Answer
    A. Electronic market place
    Explanation
    An electronic market place refers to an interactive business that serves as a centralized market where multiple buyers and suppliers can engage in e-commerce or commerce-related activities. It provides a platform for conducting online transactions and facilitates the exchange of goods and services between different parties. This term specifically denotes the digital nature of the market place, highlighting its electronic and online characteristics.

    Rate this question:

  • 35. 

    A(n) ___________ e-marketplace brings together buyers and sellers from multiple industries. 

    • A.

      Vertical

    • B.

      Indirect

    • C.

      Horizontal

    • D.

      Marketing mix

    Correct Answer
    A. Vertical
    Explanation
    A vertical e-marketplace is a platform that connects buyers and sellers from different industries that are part of the same supply chain or have complementary products or services. This type of e-marketplace focuses on a specific industry or sector, allowing businesses to find suppliers or customers within their niche. By bringing together participants from multiple industries, a vertical e-marketplace enhances collaboration and streamlines transactions, benefiting both buyers and sellers.

    Rate this question:

  • 36. 

    A(n) _________ e-marketplace brings together buyers and sellers from the same industry 

    • A.

      Horizontal

    • B.

      Vertical

    • C.

      Up-down

    • D.

      Demand

    Correct Answer
    A. Horizontal
    Explanation
    A horizontal e-marketplace brings together buyers and sellers from the same industry. This means that the platform connects businesses that operate in the same market or sector, allowing them to trade goods or services directly with each other. Unlike a vertical e-marketplace, which focuses on connecting buyers and sellers at different stages of the supply chain, a horizontal e-marketplace facilitates transactions between companies that are in direct competition or operate in the same industry. This type of marketplace promotes collaboration and competition within the industry, offering a wide range of options for buyers and sellers.

    Rate this question:

  • 37. 

    Cyworld is a(n) ________ site emerging from South Korea. 

    • A.

      Social networking

    • B.

      Web shopping

    • C.

      Music downloading

    • D.

      None of these

    Correct Answer
    A. Social networking
    Explanation
    Cyworld is a social networking site that originated in South Korea. It allows users to create personal profiles, connect with friends, share photos and messages, and participate in various online communities. It gained popularity in South Korea during the early 2000s and was one of the first social networking sites in the country. Therefore, the correct answer is social networking.

    Rate this question:

  • 38. 

    ________ is the set of marketing tools that the firm uses to pursue its marketing objectives in the target market

    • A.

      Marketing mix

    • B.

      Social networking

    • C.

      Affilate program

    • D.

      Conversion rate

    Correct Answer
    A. Marketing mix
    Explanation
    The marketing mix refers to the set of marketing tools that a firm utilizes in order to achieve its marketing objectives in the target market. This includes the various elements of the marketing strategy, such as product, price, promotion, and place (distribution). By effectively utilizing these tools, the firm can create a comprehensive and cohesive marketing plan that is tailored to meet the needs and preferences of the target market.

    Rate this question:

  • 39. 

    _____ encourages users of a product or service to ask their friends to use the product or service as well. 

    • A.

      Viral

    • B.

      Affilate program

    • C.

      Pop under

    • D.

      Pop up

    Correct Answer
    A. Viral
    Explanation
    Viral marketing is a strategy that encourages users to share a product or service with their friends, ultimately resulting in exponential growth in its popularity. It relies on word-of-mouth recommendations and the power of social networks to spread the message. By leveraging the existing customer base, viral marketing aims to generate a buzz and attract new users organically. This can be achieved through various means such as social media sharing, referral programs, or incentivizing users to invite their friends.

    Rate this question:

  • 40. 

    ________ is arrangements made between e-commerence sites that direct users from one site to the other. 

    • A.

      Affilate program

    • B.

      Click-through

    • C.

      Conversion rate

    • D.

      Reverse action

    Correct Answer
    A. Affilate program
    Explanation
    An affiliate program is an arrangement made between e-commerce sites that directs users from one site to the other. This program allows website owners to earn a commission for referring customers to another website through affiliate links or banners. By promoting products or services on their own site, affiliates can drive traffic and potential customers to the merchant's site, resulting in increased sales and revenue for both parties involved.

    Rate this question:

  • 41. 

    ________ is the percentage of customers who visit the site who actually buy something., 

    • A.

      Conversion rate

    • B.

      Shopping rate

    • C.

      Reach

    • D.

      Frequency

    Correct Answer
    A. Conversion rate
    Explanation
    The conversion rate refers to the percentage of customers who visit a website and actually make a purchase. It is a key metric for businesses as it indicates the effectiveness of their website in converting visitors into paying customers. A higher conversion rate signifies that a larger proportion of visitors are engaged and find value in the products or services offered on the site.

    Rate this question:

  • 42. 

    ________ is internet based companies that make it easy for one person to pay another peson over the internet. 

    • A.

      Financial cybermediary

    • B.

      Paypal

    • C.

      Electronic payment

    • D.

      Digital wallet

    Correct Answer
    A. Financial cybermediary
    Explanation
    A financial cybermediary refers to internet-based companies that facilitate online payments between individuals. These companies provide a platform or service that allows one person to easily transfer money to another person over the internet. PayPal is a well-known example of a financial cybermediary. It enables users to make electronic payments securely and conveniently. While terms like electronic payment and digital wallet are related to online transactions, the specific term financial cybermediary accurately describes the concept of internet-based companies facilitating online payments.

    Rate this question:

  • 43. 

    Paypal is an example of a(n)____________

    • A.

      Financial cybermediary

    • B.

      Electronic check

    • C.

      Digital wallet

    • D.

      Electronic payment

    Correct Answer
    A. Financial cybermediary
    Explanation
    Paypal is considered a financial cybermediary because it acts as a middleman in online financial transactions. It facilitates the transfer of funds between parties, such as buyers and sellers, by securely processing electronic payments. As a financial cybermediary, Paypal provides a platform that enables individuals and businesses to make electronic payments, manage their finances, and conduct online transactions without directly sharing their financial information with the other party.

    Rate this question:

  • 44. 

    A(n) _________ can be used to fransfer money from one person's account to another. 

    • A.

      Electronic check

    • B.

      Electronic bill

    • C.

      Digital wallet

    • D.

      Financial EDI

    Correct Answer
    A. Electronic check
    Explanation
    An electronic check is a digital form of a traditional paper check that allows for the transfer of money from one person's account to another. It is a convenient and secure method of payment that eliminates the need for physical checks and can be easily processed through online banking systems.

    Rate this question:

  • 45. 

    __________presentment and payment system permits a company to send bills to you over the internet,. Further, you can even pay those bills online. 

    • A.

      Electronic bill

    • B.

      Digital wallet

    • C.

      Thin wallet

    • D.

      Electronic check

    Correct Answer
    A. Electronic bill
    Explanation
    An electronic bill presentment and payment system allows a company to send bills to customers electronically, eliminating the need for paper bills. This system also enables customers to conveniently pay their bills online, saving time and effort.

    Rate this question:

  • 46. 

    A(n) _______ combines software (to provide for a secure transaction) and payment information. 

    • A.

      Digital wallet

    • B.

      Thin wallet

    • C.

      Financial EDI

    • D.

      Financial cybermediary

    Correct Answer
    A. Digital wallet
    Explanation
    A digital wallet combines software (to provide for a secure transaction) and payment information. It acts as a virtual wallet that allows users to store their payment information, such as credit card details, in a secure digital format. This enables users to make online transactions and payments conveniently and securely without the need to enter their payment information every time.

    Rate this question:

  • 47. 

    _______ is a broad general term descirbing your ability to use technology to wirelessly connect to and use centrally located information and/or application software. 

    • A.

      Mobile computing

    • B.

      Digital wallets

    • C.

      Electronic bill

    • D.

      Electronic check

    Correct Answer
    A. Mobile computing
    Explanation
    Mobile computing refers to the ability to use technology to wirelessly connect to and access centrally located information and application software. It involves using portable devices such as smartphones, tablets, and laptops to access and interact with data and applications on the go. This term encompasses a wide range of activities, including browsing the internet, sending and receiving emails, using mobile apps, and accessing cloud-based services. Mobile computing has become increasingly popular and essential in today's digital age, enabling individuals to stay connected and productive while on the move.

    Rate this question:

  • 48. 

    Konsep dasar E-commerce yang merupakan proses yang terintegrasi untuk mencapai hasil yang efisien dan efektif ( konsep just in time ) adalah....

    • A.

      Automation

    • B.

      Publishing

    • C.

      Transaction

    • D.

      Interaction

    • E.

      Streamlining

    Correct Answer
    E. Streamlining
    Explanation
    The correct answer is "streamlining." Streamlining refers to the process of making something more efficient and effective by removing unnecessary steps or simplifying processes. In the context of e-commerce, streamlining involves optimizing the various stages of the online transaction process, from browsing and selecting products to payment and delivery, in order to achieve better results in terms of cost, time, and customer satisfaction. This concept is often associated with the "just-in-time" principle, which aims to deliver products or services exactly when they are needed, minimizing waste and maximizing efficiency.

    Rate this question:

  • 49. 

    Menurut survey dari IDC pertumbuhan ecommerce di Luar Indonesia pada tahun 2005 persentasenya mencapai....

    • A.

      500%

    • B.

      600%

    • C.

      700%

    • D.

      800%

    • E.

      900%

    Correct Answer
    D. 800%
    Explanation
    The correct answer is 800%. The question is asking about the growth of e-commerce outside of Indonesia in 2005 according to a survey by IDC. The answer indicates that the growth rate was 800%, meaning that the e-commerce industry experienced a significant increase in that year.

    Rate this question:

  • 50. 

    Karakteristik e-commerce yang merupakan sistem komunikasi bisnis antar pelaku bisnis dengan konsumen untuk memenuhi kebutuhan tertentu pada saat tertentu adalah,,,,,

    • A.

      B2B

    • B.

      C2C

    • C.

      B2C

    • D.

      C2B

    • E.

      B2E

    Correct Answer
    C. B2C
    Explanation
    B2C stands for Business-to-Consumer, which refers to the characteristic of e-commerce that involves communication between businesses and consumers to fulfill specific needs at a given time. In this type of e-commerce, businesses sell their products or services directly to individual consumers. This can be seen in online shopping platforms where consumers can browse and purchase products from various businesses. B2C e-commerce allows businesses to reach a wide range of consumers and provide them with convenience and accessibility in purchasing goods or services.

    Rate this question:

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 17, 2018
    Quiz Created by
    Stiebp
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.