Which of the following best describes e-commerce?

• The use of internet to transact business between and among organizations and individuals
• Any digital process within a company
• Only selling products in a physical store
• Communicating via email

Which feature of e-commerce technology refers to being available everywhere at any time via the internet?

• Information density
• Ubiquity
• Interactivity
• Global reach

E-commerce technology allows businesses to reach customers regardless of their geographic location.

What term describes the large increase in the total amount and quality of information available to all market participants in e-commerce?

• Information Density

Which feature of e-commerce refers to the ability of the consumer and seller to communicate with each other and potentially change the nature of the transaction?

• Richness
• Interactivity
• Personalization
• Ubiquity

E-commerce platforms cannot tailor product recommendations or displays to individual users based on their past behavior.

Features like online customer reviews, forums, and social networking integration on e-commerce sites are examples of which dimension of e-commerce?

• Information Density
• Social Technology
• Transaction Cost Reduction
• Richness

E-commerce technology typically increases the costs associated with finding products and completing transactions.

Which of the following is NOT a type of e-commerce described in the chapter?

• Business-to-business (B2B)
• Business-to-consumer (B2C)
• Consumer-to-government (C2G)
• Consumer-to-consumer (C2C)

E-business includes all commercial transactions involving an exchange of value between organizations.

What type of e-commerce involves consumers selling directly to other consumers?

• Consumer-to-consumer (C2C)

Which unique feature of e-commerce technology allows personalized messages for individuals or groups?

• Social technology
• Information density
• Personalization/customization
• Universal standards

Social e-commerce is enabled by social networks and online social relationships.