Electronic Commerce 2012, 7e

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Electronic Commerce 2012, 7e (Turban) Chapter 1 Overview of Electronic Commerce 1.1 True/False 1) Electronic commerce is the process of buying, selling, or exchanging products, services, or information via computer. Answer: TRUE Diff: 1 Page Ref: 4 2) Buying an e-book from Amazon is an example of partial electronic commerce. Answer: FALSE Diff: 1 Page Ref: 4 3) A brick-and-mortar organization performs its primary business offline, selling physical products by means of physical agents. Answer: TRUE Diff: 1 Page Ref: 4 4) An extranet is a network that uses private corporate networks to link together multiple intranets. Answer: FALSE Diff: 2 Page Ref: 5 AACSB: Use of information technology 5) Selling and buying electronically can be either business-to-consumer or business-to-business. Answer: TRUE Diff: 1 Page Ref: 6 6) Purchasing a computer from dell.com is an example of B2B commerce. Answer: FALSE Diff: 2 Page Ref: 6 7) Net-a-Porter buying merchandise from its designers is an example of B2B commerce. Answer: TRUE Diff: 2 Page Ref: 6 8) Network infrastructures include cell phones and other electronic devices that are located in various locations by telecommunications networks, including wireless ones. Answer: TRUE Diff: 2 Page Ref: 7 AACSB: Use of information technology 9) Today, over 90 percent of EC volume is B2C. Answer: FALSE Diff: 2 Page Ref: 8 10) If a company purchases Godiva chocolates as gifts for its employees and has Godiva mail them directly to the recipient, the company is engaged in B2B2C. Answer: TRUE Diff: 2 Page Ref: 8 AACSB: Reflective thinking 11) S-commerce refers to electronic commerce activities conducted on Facebook or influenced by the site. Answer: FALSE Diff: 2 Page Ref: 11 12) Despite the failures of individual
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