IBT Quest for Knowledge
 
 
Purpose: Knowledge is the primary asset of the Information Age and the Digital Economy. Be prepared. Build up yours...
 

1. Which of the following cost areas of businesses do not decrease through transition to e-commerce? 

(a) Overhead. 
(b) Product Delivery. 
(c) Technological Adaptation. 
(d) Distribution. 

 2. What are the major consumer advantages to e-commerce? 

(a) Convenience and Choice. 
(b) Price and Privacy. 
(c) Customization and Choice. 
(d) both a & b. 

 3. What are the two major components of the digital economy? 

(a) Labour and Capital. 
(b) E-Commerce and Information Technology. 
(c) E-Business and E-Commerce. 
(d) The Internet and Commercial Intranets. 

 4. Which of the following Internet business models is responsible for creating a market? 

(a) Infomediary. 
(b) Affiliate. 
(c) Internetworked Enterprise. 
(d) Brokerage. 

 5. What is the most important design aspect of the web site interface? 

(a) Use backgrounds that are seamless. 
(b) Use image scaling. 
(c) Use a lot of colourful, fancy fonts. 
(d) Use a lot of colourful pictures. 

 6. What is the most accurate definition of e-commerce?  

(a) Shopping on the Internet. 
(b) Any form of business transaction that is a conducted on the Internet. 
(c) Any form of business transaction in which the parties interact electronically. 
(d) Any form of business transaction which is conducted in the digital economy. 

 7. Why are television and Internet advertisements more successful than radio advertisements? 

(a) Subliminal Persuasion. 
(b) Catchy Jingle. 
(c) Company Slogan. 
(d) Visual Components. 

 8. Which of the following is false about online-shopping? 

(a) It is fast, easy, and efficient. 
(b) Customer service is always easily accessible. 
(c) There are less geographical barriers than regular shopping. 
(d) A shipping And handling fee is required to process orders. 

 9. Which of the following is an 'online passport' that ensures security? 

(a) Digital Certificate. 
(b) Secure Sockets Layer. 
(c) Encryption. 
(d) Secure Electronic Transaction. 

 10. Which of the following are three conditions that must exist for a secure Internet transaction? 

(a) fabrication, authenticity, non-repudiation. 
(b) privacy, integrity, repudiation. 
(c) non-fabrication, authenticity, privacy. 
(d) integrity, publicity, protection. 

[ What is E-Commerce? ] [ Regular Vs. Online Shopping ] [ Benefiting Businesses & Consumers ] [ The Digital Economy ]

[ Methods of Advertising ] [ Security ] [ Reviews of Website designs ] [ Effective Website Design ]

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