How Much Do You Know E-commerce Fundamentals?

1.

What is e-commerce normally associated with?
- A.
  
  Watching Videos
- B.
  
  Buying and Selling
- C.
  
  Making Friends
- D.
  
  Reviewing Products
Correct Answer
B. Buying and Selling

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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2.

Which one is not a type of e-commerce?
- A.
  
  Business-to-business (B2B)
- B.
  
  Business-to-Consumer (B2C)
- C.
  
  A-commerce
- D.
  
  M-commerce
Correct Answer
C. A-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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3.

What type of e-commerce is defined as e-commerce between companies?
- A.
  
  B2C
- B.
  
  B2G
- C.
  
  C2C
- D.
  
  B2B
Correct Answer
D. B2B

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.

What type of commerce occurs when a business sells its products over the Internet to consumers?
- A.
  
  B2B
- B.
  
  C2B
- C.
  
  B2C
- D.
  
  Enterprise commerce
Correct Answer
C. B2C

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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5.

What in e-commerce is the ability of consumers to create and distribute content?
- A.
  
  Connectivity
- B.
  
  Interactivity
- C.
  
  Relationality
- D.
  
  Relationship
Correct Answer
B. Interactivity

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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6.

What is the term used for the competition between businesses that have similar formats and sell similar products?
- A.
  
  Indirect Competition
- B.
  
  Aggressive Competition
- C.
  
  Direct Competition
- D.
  
  Soft Competition
Correct Answer
C. Direct Competition

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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7.

Who offer intangible products, value, and convenience to consumers?
- A.
  
  Service Providers
- B.
  
  Value Providers
- C.
  
  Internet Marketers
- D.
  
  Affiliate Marketers
Correct Answer
A. Service Providers

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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8.

What is a method for business-to-business purchase and sale of supplies and services over the Internet?
- A.
  
  E-procurement
- B.
  
  Enterprise resource management
- C.
  
  Supply chain management
- D.
  
  E-tailing
Correct Answer
D. E-tailing

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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9.

What distributes information content such as digital news, music, photos, video, and artwork over the web?
- A.
  
  E-mail
- B.
  
  Websites
- C.
  
  Portals
- D.
  
  Forums
Correct Answer
C. Portals

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 the set of tools that allow people to build social and business connections, share information, and collaborate on projects online?
- A.
  
  Web 2.5
- B.
  
  Web 2.0
- C.
  
  Web 3.0
- D.
  
  Web 1.5
Correct Answer
B. Web 2.0

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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How Much Do You Know E-commerce Fundamentals?

What is e-commerce normally associated with?

Which one is not a type of e-commerce?

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

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

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

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

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

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

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

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