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Test: Introduction to E - Commerce - 1 - B Com MCQ


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10 Questions MCQ Test E-Commerce - Test: Introduction to E - Commerce - 1

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Test: Introduction to E - Commerce - 1 - Question 1

What does the term "ubiquity" refer to in the context of e-commerce technology?

Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 1
In the context of e-commerce technology, the term "ubiquity" refers to availability everywhere. Internet/web technology is accessible at work, at home, and through mobile devices, allowing users to engage in e-commerce activities anytime and anywhere. Additional Fact: Ubiquity enhances customer convenience and reduces shopping costs by enabling transactions to take place beyond traditional boundaries and temporal/geographic limitations.
Test: Introduction to E - Commerce - 1 - Question 2

Which feature of e-commerce technology allows for personalized messages to be delivered to individuals or groups?

Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 2
The feature of e-commerce technology that allows for personalized messages to be delivered to individuals or groups is personalization/customization. This means that marketing messages and products/services can be tailored to individual characteristics, creating a more personalized and customized consumer experience. Additional Fact: Personalization/customization is made possible by the interactivity of e-commerce technology, which allows for dynamic adjustments and active consumer participation in the delivery of goods and services.
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Test: Introduction to E - Commerce - 1 - Question 3

Which perspective defines e-commerce as the delivery of information, product/services, or payments over telecommunication channels?

Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 3
According to the communication perspective, e-commerce is defined as the delivery of information, product/services, or payments over telecommunication channels. This perspective focuses on the transmission of data through electronic modes of communication. Additional Fact: The communication perspective highlights the importance of using electronic tools and techniques to facilitate the exchange of goods and services between parties involved in e-commerce transactions.
Test: Introduction to E - Commerce - 1 - Question 4
What is the main benefit of e-commerce to organizations?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 4
The main benefit of e-commerce to organizations is expanded market reach. With e-commerce, companies can easily and quickly locate more customers, suppliers, and business partners worldwide. This allows them to tap into national and international markets with minimal capital outlay. Additional Fact: Expanded market reach can lead to increased sales, higher profits, and the potential for global growth for organizations engaged in e-commerce.
Test: Introduction to E - Commerce - 1 - Question 5
What is the significance of universal standards in e-commerce technology?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 5
Universal standards in e-commerce technology enable global reach. The use of internet standards, which are universally accepted, ensures that businesses can operate seamlessly across cultural and national boundaries without the need for modification. Additional Fact: Universal standards promote interoperability and enable businesses to reach potentially billions of consumers and millions of businesses worldwide, expanding the scope of e-commerce activities.
Test: Introduction to E - Commerce - 1 - Question 6
Which perspective defines e-commerce as the application of technology towards the automation of business transactions and work flow?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 6
The business process perspective defines e-commerce as the application of technology towards the automation of business transactions and work flow. This perspective focuses on using technology to streamline and improve the efficiency of business processes involved in e-commerce. Additional Fact: Automation of business transactions and work flow through e-commerce technology can lead to cost savings, increased productivity, and improved decision-making for organizations.
Test: Introduction to E - Commerce - 1 - Question 7
What is the main benefit of e-commerce to consumers?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 7
The main benefit of e-commerce to consumers is 24/7 availability. With e-commerce, customers can shop or engage in transactions at any time, from anywhere, using internet/web technology. This provides convenience and flexibility for consumers. Additional Fact: E-commerce also offers consumers more choices, lower prices through quick comparisons, and the possibility of quick delivery for certain products/services.
Test: Introduction to E - Commerce - 1 - Question 8
Which feature of e-commerce technology reduces information costs and improves the quality of information?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 8
The feature of e-commerce technology that reduces information costs and improves the quality of information is information density. E-commerce technology enables faster and more accurate information processing, storage, and communication, resulting in plentiful, cheap, and accurate information. Additional Fact: Improved information density in e-commerce facilitates better decision-making, market analysis, and customer service.
Test: Introduction to E - Commerce - 1 - Question 9
What does the term "richness" refer to in the context of e-commerce technology?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 9
In the context of e-commerce technology, the term "richness" refers to the integration of video, audio, and text messages into a single marketing message and consuming experience. E-commerce technology allows for multimedia content to be incorporated, enhancing the overall richness of communication. Additional Fact: Richness in e-commerce technology provides a more engaging and immersive experience for consumers, enabling a better understanding and appreciation of products/services.
Test: Introduction to E - Commerce - 1 - Question 10
What is the significance of interactivity in e-commerce technology?
Detailed Solution for Test: Introduction to E - Commerce - 1 - Question 10
Interactivity in e-commerce technology engages consumers in a dialog and makes them active participants in the process of delivering goods and services. This feature allows for dynamic adjustments and personalized interactions, enhancing the overall consumer experience.
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