πŸ“Š Essentials of Ecommerce
Q. The basic purpose of supply chain management is to
  • (A) reduce customer satisfaction
  • (B) improve quality of a product
  • (C) make inventory readily available
  • (D) increase production
πŸ’¬ Discuss
βœ… Correct Answer: (C) make inventory readily available
πŸ“Š Essentials of Ecommerce
Q. The impacts of e-commerce do not include
  • (A) Disintermediation
  • (B) Responsible Consumption
  • (C) Re-internediation
  • (D) Cannibalization
πŸ’¬ Discuss
βœ… Correct Answer: (B) Responsible Consumption
πŸ“Š Essentials of Ecommerce
Q. E-commerce systems perform the following business functions between producers, suppliers and customers
  • (A) providing information
  • (B) distribution and delivery logistics
  • (C) payment processing
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above
πŸ“Š Essentials of Ecommerce
Q. EDIFACT stands for
  • (A) Electronic Data Interface For Administration, Commerce and Transport
  • (B) E-commerce Data Interface For Administration, Commerce and Transport
  • (C) Electronic Data Interchange For Administration, Commerce and Transit
  • (D) Electronic Data Interchange For Administration, Commerce and Transport
πŸ’¬ Discuss
βœ… Correct Answer: (D) Electronic Data Interchange For Administration, Commerce and Transport
πŸ“Š Essentials of Ecommerce
Q. Online shopping was pioneered in the United Kingdom in 1979 by.
  • (A) Michael Aldrich
  • (B) Jeff Bezos
  • (C) Tim Berners-Lee
  • (D) Steve Jobs
πŸ’¬ Discuss
βœ… Correct Answer: (A) Michael Aldrich
πŸ“Š Essentials of Ecommerce
Q. _________ is not confined to buying and selling of goods but includes other activities like providing customer service and communicating with employees, client or business partners.
  • (A) E-commerce
  • (B) EDI
  • (C) E-business
  • (D) B2B
πŸ’¬ Discuss
βœ… Correct Answer: (C) E-business
πŸ“Š Essentials of Ecommerce
Q. Customization is to _____________ as standardization is to___________.
  • (A) e-commerce; traditional commerce
  • (B) traditional commerce; e-commerce
  • (C) websites; email
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) e-commerce; traditional commerce
πŸ“Š Essentials of Ecommerce
Q. E-commerce transactions involve the sale or purchase of goods or services between
  • (A) Businesses
  • (B) Households
  • (C) Governments
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above
πŸ“Š Essentials of Ecommerce
Q. Which of the following is not a party of SCM ?
  • (A) Suppliers
  • (B) Manufacturers
  • (C) Distributors
  • (D) Customers.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Distributors