Question 1

E-commerce does not include such things as extranet access of inventory databases by customers and suppliers.

Accepted Answer

E-commerce can include extranet access of inventory databases by customers and suppliers.

Question 2

Most business-to-consumer e-commerce ventures take the form of auction sites on the World Wide Web.

Accepted Answer

While many B2C e-commerce ventures may utilize auction-style selling, it is not the predominant or exclusive form of online selling. Other common forms include traditional online storefronts, subscription services, and digital marketplaces.

Question 3

Some e-commerce software includes links through which inventory and sales data can be downloaded into local accounting packages,such as QuickBooks.

Accepted Answer

Many e-commerce software platforms offer integrations and links with popular accounting software like QuickBooks, allowing for seamless transfer of data between systems.

Question 4

E-commerce portals can provide auction and exchange marketplaces for businesses as well as for individuals.

Accepted Answer

E-commerce portals can provide both auction and exchange marketplaces for both businesses and individuals. These marketplaces can facilitate the buying and selling of goods and services between different parties.

Question 5

Many of the components used for commercial e-commerce applications do not work with internal,noncommerce e-business applications.

Accepted Answer

Many components used for commercial e-commerce applications can also be integrated or repurposed for internal, non-commerce e-business applications, as both types often share similar underlying technologies and requirements for data management, security, and user interface design.

Question 6

Many companies use simple website design software tools and predesigned templates provided by their website hosting service to construct their Web retail store.

Accepted Answer

Many companies do use simple website design software tools and predesigned templates from their website hosting service for creating their Web retail store.

Question 7

E-commerce processes must be in place to establish mutual trust and secure access between the parties in an e-commerce transaction.

Accepted Answer

E-commerce transactions involve parties who may not have a prior relationship or personal interaction. Therefore, trust and security measures are important to ensure that both parties can confidently exchange goods and money in a secure environment. E-commerce processes, such as secure payment gateways, authentication mechanisms, and data encryption, are put in place to establish mutual trust and secure access between the parties in an e-commerce transaction.

Question 8

With a digital wallet payment system,security add-on modules are added to the Web browser.

Accepted Answer

Security add-on modules are added to the Web browser to ensure secure transactions and protect user data in a digital wallet payment system.

Question 9

Wholesale (B2B)electronic commerce relies on many different information technologies,most of which can be implemented on the Internet,the World Wide Web,corporate intranets,or extranets.

Accepted Answer

Wholesale (B2B) electronic commerce can utilize various information technologies that can be implemented through the Internet, corporate intranets or extranets.

Question 10

MS Market is an off-the-shelf e-commerce purchasing system that works on Microsoft's intranet and has drastically reduced the personnel needed to manage low-cost requisitions.

Accepted Answer

The answer of MS Market is an off-the-shelf e-commerce purchasing...

Question 11

Searching for a product by its description,such as "girls red gym shorts," is an example of a parameter-based search.

Accepted Answer

The answer of Searching for a product by its description,such...

Question 12

A many-to-one marketplace hosts one major supplier,who dictates product catalog offerings and prices.Examples include Cisco.com and Dell.com.

Accepted Answer

A many-to-one marketplace typically involves multiple suppliers selling to one or a few large buyers, not a single supplier dictating offerings and prices. Cisco.com and Dell.com are examples of single-vendor e-commerce sites, not many-to-one marketplaces.

Question 13

Banking networks support teller terminals at all bank offices and automated teller machines (ATMs)at locations throughout the world.

Accepted Answer

This statement is correct, as banking networks do support both teller terminals at bank offices and ATMs located worldwide.

Question 14

Business-to-business electronic commerce is the wholesale,supply side of the commercial process.

Accepted Answer

Business-to-business electronic commerce involves transactions between businesses, such as a manufacturer selling products to a retailer. This is the wholesale, supply side of the commercial process, making the statement true.

Question 15

E-commerce content frequently takes the form of multimedia catalogs of product information.

Accepted Answer

E-commerce websites often feature multimedia catalogs that provide detailed information about the products being sold. These catalogs may include images, videos, product descriptions, user reviews, and other multimedia elements to help customers make informed purchasing decisions.

Question 16

Technology has not yet developed the ability to track a single user's behavior and preferences on a particular Web site.

Accepted Answer

This statement is false. Technology such as cookies and tracking pixels allow websites to track a user's behavior and preferences on their site.

Question 17

In certain cases,it is possible to convert a physical good,such as a CD,software,or a newspaper,into a virtual good that can be downloaded upon purchase.

Accepted Answer

This is possible through digital distribution methods.

Question 18

Most hosting companies provide simple site building tools and templates,but few provide the ability to protect Web store transactions and customer records with passwords and encryption.

Accepted Answer

This statement is incorrect. Many hosting companies do offer the ability to protect Web store transactions and customer records with passwords and encryption, especially if they offer e-commerce hosting plans.

Question 19

Payment processes are simple due to the near-anonymous electronic nature of the transactions taking place between the networked computer systems of buyers and sellers.

Accepted Answer

Payment processes, especially in the context of electronic or online transactions, often involve complex security measures, verification processes, and regulatory compliance checks to prevent fraud, ensure privacy, and secure the transaction, making them not as simple as the near-anonymous nature might imply.

Question 20

Event notification software works with workflow management software to monitor all e-commerce processes and record all relevant events,including unexpected changes or problem situations.

Accepted Answer

Event notification software is designed to work with workflow management software and monitor e-commerce processes, recording events such as unexpected changes or problem situations.

Quiz 8: Operations Management and Supply Chain Management