EC课本题库版ec08tifch3.docx

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EC课本题库版ec08tifch3.docx

EC课本题库版ec08tifch3

Chapter3

RetailinginElectronicCommerce:

ProductsandServices

 

True-FalseQuestions

1.

TheamountandpercentageofgoodsandservicessoldontheInternetisincreasingrapidly,despitethefailureofmanydot-comcompanies.

Answer:

TrueDifficulty:

EasyPageReference:

93

AACSB:

Useofinformationtechnology

2.

Aretailerisasalesintermediary,asellerthatoperatesbetweenmanufacturersandcustomers.

Answer:

TrueDifficulty:

EasyPageReference:

93

AACSB:

Useofinformationtechnology

3.

Consumerelectronics,includingcellphonesales,arethelargestcategoryofonlineretail.

Answer:

FalseDifficulty:

EasyPageReference:

95

AACSB:

4.

JewelrysalesovertheInternetisjustbeginning,butcouldbeoneofthetopsellersontheInternetinthenearfuture.

Answer:

FalseDifficulty:

MediumPageReference:

96

AACSB:

5.

Offlinetransactionsaresomewhatinfluencedbyresearchconductedonline,withapproximatelyone-thirdofonlineshoppersreportingthattheyusedtheInternettoresearchandinfluencetheirofflineshoppingchoices.

Answer:

FalseDifficulty:

MediumPageReference:

97

AACSB:

6.

Evidenceindicatesthatthebasicprinciplesthatapplytoretailsuccessdonotapplytoe-tailsuccess.

Answer:

FalseDifficulty:

EasyPageReference:

98

AACSB:

Useofinformationtechnology

7.

Offeringqualitymerchandiseatgoodprices,coupledwithexcellentservice,andcross-channelcoordinationandintegrationinwhichcustomerscanalmostseamlesslyoperatebetweentheonlineandphysicalenvironmentsofabusinessarealsoimportantelementsinsuccessfule-tailing.

Answer:

TrueDifficulty:

EasyPageReference:

98

AACSB:

Reflectivethinking

8.

Goodswiththefollowingcharacteristic—guaranteeprovidedbyhighlyreliableorwell-knownvendors—areexpectedtofacilitatehighersalesvolumes.

Answer:

TrueDifficulty:

MediumPageReference:

98

AACSB:

9.

Abusinessmodelisananalysisoftheorganization’scustomersand,fromthat,adiscussionofhowthatorganizationwillachieveprofitabilityandsustainabilitybydeliveringgoodsandservicestothosecustomers.

Answer:

TrueDifficulty:

MediumPageReference:

99

AACSB:

Useofinformationtechnology

10.

Directmarketingdescribesmarketingthattakesplaceofflinebetweenmanufacturersandretailers.

Answer:

FalseDifficulty:

EasyPageReference:

100

AACSB:

11.

Virtualorpure-playe-tailersarefirmsthatselldirectlytoconsumersovertheInternetwithoutmaintainingaphysicalsaleschannel.

Answer:

TrueDifficulty:

EasyPageReference:

100

AACSB:

Useofinformationtechnology

12.

Specializedbusinessesoperateinaverynarrowmarketandwouldfinditdifficulttosurviveinthephysicalworldbecausetheywouldnothaveenoughcustomersorcouldnotholdthevarietyofstock.

Answer:

TrueDifficulty:

MediumPageReference:

101

AACSB:

13.

Allclick-and-mortarretailersstartedlifeasatraditionalstorefrontwithaphysicalretailpresenceonlyandovertimeadoptedanonlinetransactionalcapabilityaswell(brickonlytobrick-and-click).

Answer:

FalseDifficulty:

MediumPageReference:

102

AACSB:

Useofinformationtechnology

14.

Intoday’sdigitaleconomy,click-and-mortarretailerssellviastores,throughvoicephonecallstohumanoperators,overtheInternetthroughinteractiveWebsites,andbymobiledevices.

Answer:

TrueDifficulty:

MediumPageReference:

102

AACSB:

Useofinformationtechnology

15.

Althoughtherearepracticaladvantagestobeingane-tailer,suchasloweroverheadcosts,ithasmanydrawbacksandbarrierssothewinnersinmanymarketsegmentswillbecompaniesthatusetheclick-and-mortarapproach.

Answer:

TrueDifficulty:

MediumPageReference:

103

AACSB:

Useofinformationtechnology

16.

Onlinetravelserviceshavehighmarginsbecauseoftheirmultiplerevenuemodelsincludingcommissions,revenuefromadvertising,lead-generationpayments,consultancyfees,subscriptionormembershipfees,andrevenue-sharingfees.

Answer:

FalseDifficulty:

MediumPageReference:

106

AACSB:

Useofinformationtechnology

17.

Thejobmarketischaracterizedbyhighvolatilityandunbalancedsupplyanddemand.

Answer:

Difficulty:

MediumPageReference:

110

AACSB:

Useofinformationtechnology

18.

Ingeneral,onlinerealestateisreplacingexistingrealestateagentsinmostmarkets.

Answer:

FalseDifficulty:

MediumPageReference:

116

AACSB:

Useofinformationtechnology

19.

Manyinsurersareusingadualdistributionstrategy,byaddingonlinedistributionofstandardproductstotheirtraditionalagencydistributionsystem.

Answer:

TrueDifficulty:

MediumPageReference:

117

AACSB:

Useofinformationtechnology

20.

Fromabank'sperspective,onlinebankingoffersacheapalternativetobranchbankingaswellasachancetoenlistcustomersinremoteareas.

Answer:

TrueDifficulty:

MediumPageReference:

120

AACSB:

Useofinformationtechnology

21.

Erealizedasubstantialreductioninoperatingcostsandinventorycostsbyeliminatingitsbrick-and-mortarstoresandbecomingapure-playine-commerce.

Answer:

TrueDifficulty:

MediumPageReference:

131

AACSB:

Useofinformationtechnology

22.

Inimplementingasuccessfulclick-and-mortarstrategy,acompanymustmakesurethatwhetheracustomerestablishescontactthroughface-to-faceencounterswithstorepersonnelorthroughtheWebpage,theinformationandservicereceivedisconsistent.

Answer:

TrueDifficulty:

MediumPageReference:

139

AACSB:

Useofinformationtechnology

23.

Investorsine-tailerswhichreportsmalllossesoneachunitsoldshouldnotbeconcernedbecausethehugevolumeofbusinessavailableonlineshouldmorethanoffsetthesesmallmarginallosses.

Answer:

FalseDifficulty:

MediumPageReference:

137

AACSB:

Reflectivethinking

24.

CybermediationoccursatWebsitesthatuseintelligentagentstofacilitateintermediation.

Answer:

TrueDifficulty:

MediumPageReference:

142

AACSB:

25.

Channelconflictoccurswhenaddinganonlinedistributionchannelcausesproblemswithexistingdistributionchannels.

Answer:

TrueDifficulty:

MediumPageReference:

142

AACSB:

Reflectivethinking

MultipleChoiceQuestions

26.

AexperiencedallofthefollowingEXCEPT:

a.Amaintaineditspositionasthenumberonee-tailerin2006.

b.Ahavetrendedupward,drivenlargelybyproductdiversificationanditsinternationalpresence.

c.Thecompany’sfinancialsuccesshasbeenassured.

d.Despiteincreasingasalesandnetprofits,inpercentageterms,Amazonhasseenadropinprofitabilityin2006,attributedtohugespendingonfurtherdevelopingitstechnologyinfrastructureanditsinvestmentintheAmazonPrimediscountshippingprogram.

Answer:

CDifficulty:

MediumPageReference:

92

AACSB:

27.

AccordingtodatafromeMarketer,approximately____________________shoponlineand/orresearchoffline-salesonline.

a.twoinfiveInternetusersage18andover.

b.threeinfourInternetusersage14andover

c.threeinfourInternetusersage25andover

d.twoinfiveInternetusersage30andover

Answer:

BDifficulty:

MediumPageReference:

93

AACSB:

28.

AllofthefollowingcategorieshavealreadybeensellingwellonlineEXCEPT:

a.newcars

b.travel

c.computerhardwareandsoftware

d.petsupplies

Answer:

ADifficulty:

EasyPageReference:

96

AACSB:

Reflectivethinking

29.

ImportanttrendsinB2CECincludeallofthefollowingEXCEPT:

a.manyofflinetransactionsarenowheavilyinfluencedbyresearchconductedonline.

b.theInternetwillinfluenceapproximately25percentofallretailsalesby2010.

c.theuseofcellphonestoshoponlineisincreasingrapidly.

d.onlineadvertisingwillincreasinglyuserichmedia.

Answer:

BDifficulty:

MediumPageReference:

97

AACSB:

30.

Withallelsebeingequalintheonlineenvironment,goodswithanyofthefollowingproductcharacteristicsareexpectedtofacilitategreateronlinesalesEXCEPT:

a.Highbrandrecognition.

b.Digitizedformat.

c.Relativelyexpensiveitems.

d.Frequentlypurchaseditems.

Answer:

CDifficulty:

MediumPageReference:

98

AACSB:

31.

Marketingthattakesplacewithoutthehelpofintermediariesiscalled:

a.directmarketing.

b.disintermediation

c.pure-playe-tailing

d.e-malls.

Answer:

ADifficulty:

MediumPageReference:

100

AACSB:

32.

Dell'sstrategyisbestdescribedas:

a.abrick-and-mortarstrategy.

b.asharedservicemallstrategy.

c.aclick-and-mortarstrategy.

d.directmarketingfromamanufacturer.

Answer:

DDifficulty:

MediumPageReference:

100

AACSB:

33.

Searsmarketingstrategywouldbestbedescribedas:

a.abrick-and-mortarstrategy.

b.asharedservicemallstrategy.

c.aclick-and-mortarstrategy.

d.directmarketingfromamanufacturer.

Answer:

CDifficulty:

MediumPageReference:

100

AACSB:

34.

Indirectmarketing:

a.shipmentsaremadedirectlyfromthesellertothecustomer.

b.electronicdistributorsmustbeused.

c.customersarecontacteddirectlywithoutthehelpofintermediaries.

d.salesaremadeinmallsonly.

Answer:

CDifficulty:

MediumPageReference:

100

AACSB:

35.

Anonlineselleroftravelservicesthatgeneratesrevenuebychargingfeesforitsservicesisanexampleofa(n):

a.marketmaker.

b.transactionbroker.

c.contentdisseminator.

d.viralmarketer.

Answer:

BDifficulty:

MediumPageReference:

104

AACSB:

36.

Amarketerthatusese-mailtoadvertisetopotentialcustomersiscalleda:

a.marketmaker.

b.transactionbroker.

c.contentdisseminator.

d.viralmarketer.

Answer:

DDifficulty:

MediumPageReference:

104

AACSB:

37.

Acompanythatcreatesandmanagesmany-to

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