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TEST BANK for E-Commerce 2020–2021: Business, Technology and Society, Global Edition 16th Edition by Kenneth Laudon & Carol Traver. All Chapters 1-12 Updated A+ $14.99
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TEST BANK for E-Commerce 2020–2021: Business, Technology and Society, Global Edition 16th Edition by Kenneth Laudon & Carol Traver. All Chapters 1-12 Updated A+
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E-Commerce 2020-2021: Business, Technology and Society, Global Edition
TEST BANK for E-Commerce 2020–2021: Business, Technology and Society, Global Edition 16th Edition by Kenneth Laudon & Carol Traver. All Chapters 1-12 Updated A+ TABLE OF CONTENTS Chapter 1 The Revolution Is Just Beginning Page : 23 Chapter 2 E-commerce Business Models and Concepts 1 Page : 45 Ch...
TEST BANK for E-Commerce 2020–2021: Business, Technology and Society, Global Edition 16th Edition by Kenneth Laudon & Carol Traver. All Chapters 1-12. (Complete Download)
Samenvatting E-commerce 2020-2021 Introduction to E-business and Online Commerce, minor E-business and Online Commerce VU
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E-Commerce 2020–2021: Business, Technology and Society, Global Edition 16th Edition by Kenneth
Laudon & Carol Traver.
TEST BANK for E-Commerce 2020–
2021: Business, Technology and
Society, Global Edition 16th Edition
by Kenneth Laudon & Carol Traver.
All Chapters 1-12
Chapter 1
The Revolution Is Just Beginning
True-False Questions
1. In 2007, over 115 million people purchased something online.
Answer: True Page Reference: 7 Difficulty: Easy
AACSB: Reflective Thinking
2. E-business primarily involves the application of digital technologies to business processes
external to the firm.
,E-Commerce 2020–2021: Business, Technology and Society, Global Edition 16th Edition by Kenneth
Laudon & Carol Traver.
7. Cost transparency refers to the ease with which consumers can find out the variety of prices
in a market.
11. E-commerce as we know it today would not exist without the Internet and the World Wide
Web.
Answer: True Page Reference: 22 Difficulty: Easy
, 6 The Revolution Is Just Beginning
AACSB: Reflective Thinking
12. 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.
14. Although prices are lower on the Web, there remains considerable, persistent price
dispersion.
Answer: True Page Reference: 38 Difficulty: Hard
AACSB: Reflective Thinking
15. A predicted trend in the future of e-commerce is the change in the cast of players, as
nontraditional, entrepreneurial startup companies play a growing and more dominant role in
e-commerce.
16. Which of the following statements is not true?
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