How Much Do You Know E-commerce Fundamentals?

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1. What is e-commerce normally associated with?

Explanation

E-commerce is normally associated with buying and selling because it refers to the transaction of goods and services conducted electronically over the internet. This involves online shopping platforms where individuals and businesses can purchase and sell products, making it the most suitable and accurate association for e-commerce.

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About This Quiz
How Much Do You Know E-commerce Fundamentals? - Quiz

Most people spend a large amount of time on e-commerce websites. Electronic commerce refers to a wide range of business activities for products and services carried out online.... see moreFind out how much you know about the fundamentals of e-commerce by attempting the quiz below. see less

2. What type of commerce occurs when a business sells its products over the Internet to consumers?

Explanation

B2C refers to business-to-consumer commerce, where a business sells its products directly to consumers over the internet. This type of commerce is commonly seen in online retail platforms, where businesses set up websites or online stores to showcase and sell their products to individual customers. B2C commerce allows businesses to reach a wide customer base and provides convenience for consumers to shop from the comfort of their homes.

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3. What type of e-commerce is defined as e-commerce between companies?

Explanation

B2B stands for Business-to-Business, which is a type of e-commerce that involves transactions between companies. In this type of e-commerce, businesses sell products or services to other businesses. It typically involves larger quantities, longer sales cycles, and more complex negotiations compared to other types of e-commerce. B2B e-commerce is commonly used for procurement, supply chain management, and wholesale transactions.

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4. Which one is not a  type of e-commerce?

Explanation

A-commerce is not a type of e-commerce. The correct types of e-commerce are business-to-business (B2B), business-to-consumer (B2C), and m-commerce (mobile commerce). A-commerce is not a recognized term or category in the field of e-commerce.

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5. What is the term used for the competition between businesses that have similar formats and sell similar products?

Explanation

Direct competition refers to the rivalry between businesses that have similar formats and sell similar products. In this type of competition, companies directly compete with each other to attract the same target market and gain a larger share of the market. They may offer similar products or services, compete on price, quality, or other factors. This competition can be intense and often leads to aggressive marketing strategies and tactics to differentiate themselves and gain a competitive advantage.

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6. What in e-commerce is the ability of consumers to create and distribute content?

Explanation

Interactivity refers to the ability of consumers to actively engage with e-commerce platforms by creating and distributing content. This includes leaving reviews, commenting on products, sharing recommendations, and participating in online discussions. It allows consumers to have a voice and influence others' purchasing decisions, making the e-commerce experience more dynamic and engaging.

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7. What is the set of tools that allow people to build social and business connections, share information, and collaborate on projects online?

Explanation

Web 2.0 refers to the set of tools that allow people to build social and business connections, share information, and collaborate on projects online. It is characterized by user-generated content, interactive websites, and social networking platforms. This term emerged in the early 2000s to describe the shift from static web pages to dynamic and participatory online experiences. Web 2.0 platforms such as Facebook, Twitter, and Wikipedia have transformed the way people communicate and collaborate on the internet.

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8. Who offer intangible products, value, and convenience to consumers?

Explanation

Service providers offer intangible products, value, and convenience to consumers. This can include a wide range of industries such as telecommunications, healthcare, transportation, hospitality, and more. Service providers focus on delivering services rather than physical products, and their main goal is to meet the needs and preferences of consumers by offering convenience, quality, and value. They often rely on technology and innovation to enhance their offerings and provide a seamless experience for consumers.

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9. What distributes information content such as digital news, music, photos, video, and artwork over the web?

Explanation

Portals are a type of website that serves as a gateway or entry point to various information and services on the internet. They provide a centralized platform for users to access and distribute a wide range of content, including digital news, music, photos, videos, and artwork. Unlike other options like email, websites, or forums, portals are specifically designed to aggregate and distribute diverse information content over the web, making them the correct answer in this context.

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10. What is a method for business-to-business purchase and sale of supplies and services over the Internet?

Explanation

E-tailing refers to the online retailing or selling of products and services directly to consumers over the Internet. While the other options listed (e-procurement, enterprise resource management, and supply chain management) are also important methods in the business-to-business context, they do not specifically pertain to the purchase and sale of supplies and services over the Internet. Therefore, E-tailing is the most appropriate answer for the given question.

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What is e-commerce normally associated with?
What type of commerce occurs when a business sells its products over...
What type of e-commerce is defined as e-commerce between companies?
Which one is not a  type of e-commerce?
What is the term used for the competition between businesses that have...
What in e-commerce is the ability of consumers to create and...
What is the set of tools that allow people to build social and...
Who offer intangible products, value, and convenience to consumers?
What distributes information content such as digital news, music,...
What is a method for business-to-business purchase and sale of...
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