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Exam 1 e-Commercce Essay

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Exam 1
CECS 4220 E-Commerce
Dateline: October 16, 2011

Name: __________________________________
ID Number: ________________

Questions 1 to 10 (True or False)
1) The total amount of Business-to-Business (B2B) e-commerce revenues in 2009 was more than that spent on Business-to-Business (B2C) e-commerce
Answer:   True

2) E-commerce as we know it today would not exist without the Internet and the World Wide Web.
Answer:   True

3) In the "small world" theory of the Web, you should eventually be able to reach any Web page on the Web by following hyperlinks from other Web pages.
Answer:  

4) The amount of venture capital raised in 2008 was significantly greater than that raised in 2000.
Answer:  

5) Although prices are lower on the Web, there remains considerable, persistent price dispersion.
Answer:   True

6) Scale economies are efficiencies that result from flattening the hierarchy of an organization.
Answer:  

7) Almost all successful P2P business models are based on file-swapping between users.
Answer:   True

8) The Internet's universal standards increase the cost of industry and firm operations.
Answer:   False

9) Interactivity made possible by the Web alters industry structure by reducing the threat of substitutes by making enhanced customization of products and services possible.
Answer:  

10) Inter-firm rivalry is one area of the business environment where e-commerce technologies have had an impact on most industries.
Answer:  

11) The process of slicing digital messages into parcels, sending them along different communication paths as they become available, and reassembling them at the destination point is called:
A) routing.
B) the Transmission Control Protocol.
C) packet switching.
D) the File Transfer Protocol.

Answer:  
12) The Transport Layer of TCP/IP is responsible for which of the following?
A) placing packets on and receiving them from the network medium
B) addressing, packaging, and routing...

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