Question 1

What are the two categories that include intellectual and knowledge-based assets?

Accepted Answer

A)   Explicit knowledge; tacit knowledge
B)   Efficient knowledge; tacit knowledge
C)   Intelligent knowledge; explicit knowledge
D)   Open knowledge; closed knowledgeE) B) and D)
F) None of the above

Question 2

The majority of eBay's customers are using a business-to-business (B2B)ebusiness model.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is an example of a disruptive technology?

Accepted Answer

A)   Oracle's database software
B)   Sony's transistor-based consumer electronics (transistor radio) 
C)   Intel's low-end microprocessor
D)   All of these choicesE) C) and D)
F) All of the above

Question 4

The Internet uses such strong security technologies that ensuring consumer protection is not a challenge for ebusinesses.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following best describes Web 1.0?

Accepted Answer

A)   Static text-based information websites
B)   Static electricity and connectivity
C)   Social media
D)   Technology intelligenceE) A) and C)
F) A) and B)

Question 6

What is a pure-play business?

Accepted Answer

A)   A business that operates only on the Internet without a physical store
B)   A business that sells products only in a physical store
C)   A business that sells services only in a physical store
D)   All of these choicesE) A) and D)
F) All of the above

Question 7

Many industries have been forced to change due to technology advances.Which of the below industries has felt the lowest amount of economic impact from ebusiness?

Accepted Answer

A)   Auto industry
B)   Retail industry
C)   Travel industry
D)   Waste or recycling industryE) None of the above
F) A) and B)

Question 8

What is an open system?

Accepted Answer

A)   Any proprietary software licensed under exclusive legal right of the copyright holder
B)   Any software whose source code is made available free for any third party to review and modify
C)   Contains instructions written by a programmer specifying the actions to be performed by computer software
D)   Consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperateE) B) and C)
F) A) and D)

Question 9

World Wide Web Consortium (W3C)is an international community that develops open standards to ensure the long-term growth of the Web (www.w3.org).

Accepted Answer

A) True 
 B)False

Question 10

What is the difference between a wiki and a blog?

Accepted Answer

A)   A wiki is free and a blog has a subscription fee
B)   A wiki user can alter the original content of an article,where a blog user can only add information as a comment
C)   A wiki is original content,where a blog is used sources
D)   All of these choicesE) B) and C)
F) All of the above

Question 11

Which of the below is not a characteristic of Business 2.0?

Accepted Answer

A)   Encourages user participation
B)   Technical skills are required
C)   Eliminates entry barriers to publishing on the Web
D)   Provides an exciting and vibrant virtual environmentE) B) and D)
F) All of the above

Question 12

What is an SNA?

Accepted Answer

A)   Strong network applications
B)   Social needs analysis
C)   Social networking analysis
D)   Steady network areasE) B) and C)
F) B) and D)

Question 13

What are the four challenges facing ebusinesses outlined in the text?

Accepted Answer

A)   Identifying limited market segments,managing consumer trust,ensuring consumer protection,and improving information content
B)   Decreased costs,increased convenience,identifying limited market segments,and adhering to taxation rules
C)   Identifying limited market segments,managing consumer trust,ensuring consumer protection,and adhering to taxation rules
D)   Differs depending on the industry where the business operatesE) A) and C)
F) All of the above

Question 14

Universities were among some of the first users of the Internet.What was the Internet first called?

Accepted Answer

A)   HTML
B)   ARPANET
C)   OPT
D)   WWOE) C) and D)
F) None of the above

Question 15

The Internet is a massive network that connects computers all over the world and allows them to communicate with one another.

Accepted Answer

A) True 
 B)False

Question 16

What is information reach?

Accepted Answer

A)   A global public network of computer networks that pass information from one to another using common computer protocols
B)   Refers to the depth and breadth of information transferred between customers and businesses
C)   Measures the number of people a firm can communicate with all over the world
D)   Occurs when those with access to technology have great advantages over those without access to technologyE) A) and B)
F) A) and C)

Question 17

What is a social graph?

Accepted Answer

A)   Represents the interconnection of relationships in a social network
B)   Maps group contacts identifying who knows each other and who works together
C)   Describes the collaborative activity of marking shared online content with keywords or tags as a way to organize it for future navigation,filtering,or search
D)   A keyword or phrase used to identify a topic and is preceded by a hash or pound sign (#) E) B) and C)
F) B) and D)

Question 18

What is collaborative website that allows users to add,remove,and change content?

Accepted Answer

A)   Selfie
B)   Blog
C)   Wiki
D)   MashupE) B) and D)
F) All of the above

Question 19

What measures the number of people a firm can communicate with all over the world?

Accepted Answer

A)   Information
B)   Mass communication
C)   Information reach
D)   CybertronicsE) B) and C)
F) A) and D)

Question 20

Which of the below would not be considered a company operating in the long tail of a typical sales curve?

Accepted Answer

A)   Walmart
B)   Netflix
C)   iTunes
D)   ZapposE) A) and D)
F) All of the above

Exam 3: Ebusiness: Electronic Business Value

What are the four challenges facing ebusinesses outlined in the text?

Correct AnswerverifiedShow Answer

What is a social graph?

Correct AnswerverifiedShow Answer

The Internet uses such strong security technologies that ensuring consumer protection is not a challenge for ebusinesses.

Correct AnswerverifiedShow Answer

The majority of eBay's customers are using a business-to-business (B2B)ebusiness model.

Correct AnswerverifiedShow Answer

What is information reach?

Correct AnswerverifiedShow Answer

What is collaborative website that allows users to add,remove,and change content?

Correct AnswerverifiedShow Answer

World Wide Web Consortium (W3C)is an international community that develops open standards to ensure the long-term growth of the Web (www.w3.org).

Correct AnswerverifiedShow Answer

What are the two categories that include intellectual and knowledge-based assets?

Correct AnswerverifiedShow Answer

Which of the following best describes Web 1.0?

Correct AnswerverifiedShow Answer

Which of the below is not a characteristic of Business 2.0?

Correct AnswerverifiedShow Answer

What is an SNA?

Correct AnswerverifiedShow Answer

Which of the following is an example of a disruptive technology?

Correct AnswerverifiedShow Answer

What is a pure-play business?

Correct AnswerverifiedShow Answer

What is an open system?

Correct AnswerverifiedShow Answer

Many industries have been forced to change due to technology advances.Which of the below industries has felt the lowest amount of economic impact from ebusiness?

Correct AnswerverifiedShow Answer

The Internet is a massive network that connects computers all over the world and allows them to communicate with one another.

Correct AnswerverifiedShow Answer

Which of the below would not be considered a company operating in the long tail of a typical sales curve?

Correct AnswerverifiedShow Answer

Universities were among some of the first users of the Internet.What was the Internet first called?

Correct AnswerverifiedShow Answer

What measures the number of people a firm can communicate with all over the world?

Correct AnswerverifiedShow Answer

What is the difference between a wiki and a blog?

Correct AnswerverifiedShow Answer

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