A+ Answers of the following Questions

Question 1         
The Internet has influenced industry structures in each of the following ways EXCEPT:
A. a flood of new entrants has come into many industries because of reduced barriers to entry.
B. it increases differences among competitors whose offerings are kept proprietary.
C. there has been a shift in bargaining and buyer power to end users.
D. industries are more efficient overall.

Question 2         
One of the major benefits of e-markets is the improvement in supply chains with the creation of a __________ chain.
A. hub-based
B. customized
C. support
D. logistics

Question 3         
The major __________ e-marketplaces are storefronts and Internet malls.
A. B2B
B. C2B
C. B2C
D. B2B2C

Question 1         
The portion of an e-seller's business processes through which customers interact, including the seller's portal, electronic catalogs, a shopping cart, a search engine, and a payment gateway, is referred to as the __________ of the business.
A. front end
B. back end
C. infrastructure

D. intermediary

Question 2         
The major __________ e-marketplaces are storefronts and Internet malls.
A. B2B
B. C2B
C. B2C
D. B2B2C

Question 3         
__________ are online markets owned and operated by a single company and may be either sell-side or buy-side.
A. Commercial portals
B. Private e-marketplaces
C. E-malls
D. B2B marketplaces

1. Zapco is a small company of 14 employees that makes fireworks. The company contributes to local charities and sponsors a youth sports team. Federal safety regulations require that large firecrackers have two dividing walls inside, so that all their gunpowder does not explode at once. Zapco is unaware of the regulations, and includes only one dividing wall in each of its large firecrackers. Little Timmy lights a Zapco firecracker, and before he can throw it, it explodes and seriously injures him. At the trial, it is established that a second dividing wall would have prevented the harm. Zapco is best described as
Answer
Not morally responsible since they are good corporate citizens in the local community
Not morally responsible since they were unaware of the regulations and they were just a small company
Not legally responsible because their company employs under 15 people and they were unaware of the regulations

None of the above.

2. Major barriers to EC include all of the following EXCEPT:
A. cost.
B. lack of potential customers.
C. implementation difficulties.
D. lack of technology.

3. Which of the following is/are technological limitation(s) of EC?
A. Security and privacy concerns that deter customers from buying
B. Difficulty obtaining venture capital
C. Order fulfillment requirements of large-scale B2C
D. Unresolved taxation, public policy, and legal issues

Question 1         
Although used occasionally in B2C commerce, customized catalogs are especially useful in B2B e-commerce for each of the following reasons EXCEPT:
A. e-catalogs can show only the items that the employees in a specific organization are allowed to purchase.
B. Intranets, in particular, can deliver customized catalogs to different business customers.
C. e-catalogs can show the buyer's ID number for the item, model, or SKU number rather than the seller's ID numbers.
D. e-catalogs can be customized to show the same item to different customers at different prices, reflecting discounts or purchase-contract agreements.

Question 2         
A(n) __________ has capabilities that can be used to perform routine tasks that require intelligence such as providing customers with assistance based on their movements on a Web site.
A. search engine
B. intelligent engine
C. software agent
D. software engine

Question 3         
The most common and traditional form of auctions in which one seller entertains bids from many buyers is referred to as:
A. forward auctions.
B. reverse auctions.
C. double auctions.
D. e-auctions.

1. All of the following theoretical ideas are associated with Karl Marx, except A. economic determinism.
B. positivism.
C. dialectic.
D. capitalism as a source of conflict and inequality.

2. Social values are defined by your textbook as
A. the normal, habitual ways of doing things.
B. shared rules of conduct that specify how people ought to think and act.
C. shared ideas about what's a valuable goal.
D. strong ideas about what's morally right or wrong as enforced by the police powers of the state.

3. Your text argues that _______ help to explain what's common to humankind across societies, while _______ explains why people and societies differ from one another.
A. biological factors; culture
B. technological advances; cultural universals

C. social structure; biology
D. cultural universals; genetics