Test Bank for E-Commerce 2021 Business, Technology and Society 16th Edition By Kenneth Laudon
1 view 0 purchase
Course
E-Commerce
Institution
E-Commerce
Test Bank for E-Commerce 2021: Business, Technology, and Society, 16th edition by Kenneth C. Laudon, Carol Guercio Traver. ISBN-13: 1829 Full Chapters test bank PDF PART 1: INTRODUCTION TO E-COMMERCE 1. The Revolution Is Just Beginning 2. E-commerce Business Models and Concepts PART 2: TECHNOLOGY I...
Key Concepts:
Test Bank
Chapter 1: The Couple is a Unique System
E-commerce 2021:
business. technology.
R
society
U
SE
Sixteenth Edition IS
O
N
Kenneth Laudon,
N
New York University
O
C
Carol Traver,
ED
Azimuth Interactive, Inc.
M
,E-commerce 2021: business. technology. society., 16e (Laudon/Traver)
Chapter 1 The Revolution Is Just Beginning
1) Analysts estimate that by 2024, consumers will be spending around _______ in digital
transactions.
A) $180 million
B) $1.8 billion
C) $180 billion
D) $1.8 trillion
Answer: D
Difficulty: Moderate
R
AACSB: Application of knowledge
Learning Objective: 1.1: Understand why it is important to study e-commerce.
U
2) It is likely that e-commerce will eventually impact nearly all commerce.
Answer: TRUE
SE
Difficulty: Easy
AACSB: Application of knowledge
Learning Objective: 1.1: Understand why it is important to study e-commerce.
3) Why study e-commerce?
IS
Answer: E-commerce is a disruptive innovation that is different and more powerful than any of
O
the other technologies we have seen in the past century. E-commerce technologies—and the
digital markets that result—have brought about some fundamental, unprecedented shifts in
N
commerce. While other technologies transformed economic life in the twentieth century, the
evolving Internet and other information technologies are shaping the twenty-first century.
N
Difficulty: Moderate
AACSB: Application of knowledge; Written and oral communication
O
Learning Objective: 1.1: Understand why it is important to study e-commerce.
4) Which of the following best defines e-commerce?
C
A) digitally enabled commercial transactions between and among organizations and individuals
B) the use of digital technologies in a firm's daily activities
ED
C) the digital enablement of transactions and processes within an organization
D) any electronically based organizational activity that supports a firm’s market exchanges
Answer: A
Difficulty: Moderate
M
AACSB: Application of knowledge
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
,Difficulty: Moderate
AACSB: Application of knowledge
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
6) Which of the following can be considered synonymous with the term e-commerce?
A) e-business
B) digital commerce
C) the Internet
D) the Web
R
Answer: B
Difficulty: Easy
U
AACSB: Application of knowledge
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
SE
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
7) Which of the following is not true about the use of apps?
IS
A) Users spend nearly 90% of their smartphone app minutes using their top five apps.
B) Users still spend more time using mobile browsers than they do using mobile apps.
C) Apps are easier to control and monetize than websites.
O
D) Users typically use about 20 different apps per month.
Answer: B
N
Difficulty: Difficult
AACSB: Application of knowledge
N
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
O
recognize major current themes in e-commerce.
C
8) All of the following statements about e-commerce in the United States in 2020 are true except:
A) Social e-commerce generated more revenue than mobile e-commerce.
ED
B) Mobile advertising accounted for almost 70% of all digital advertising spending.
C) On-demand service firms fueled the growth of local e-commerce.
D) Retail e-commerce and m-commerce grew as a result of the Covid-19 pandemic.
Answer: A
M
Difficulty: Moderate
AACSB: Application of knowledge
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
9) In 2020, about ________ of Internet users in the United States accessed the Internet solely
using a mobile device.
A) 8%
B) 21%
C) 28%
, D) 34%
Answer: B
Difficulty: Difficult
AACSB: Information technology
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
10) Which of the following is not a major business trend in e-commerce in 2020-2021?
A) The mobile app ecosystem continues to grow.
B) Retail e-commerce revenues exceed B2B e-commerce revenues for the first time.
C) On-demand service companies garner multibillion-dollar valuations.
R
D) Social e-commerce continues to grow.
Answer: B
U
Difficulty: Moderate
AACSB: Application of knowledge
SE
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
IS
11) Which of the following is not a major technology trend in e-commerce in 2020-2021?
A) Cloud computing enables content stored on Internet-based servers to be accessed by
O
consumer devices such as smartphones.
B) Firms are turning to business analytics to make sense out of big data.
N
C) Smart speakers provide an additional platform for e-commerce.
D) Growth of the Internet of Things slows down.
N
Answer: D
Difficulty: Difficult
O
AACSB: Information technology
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
C
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
ED
12) Which of the following has not been the subject of concern about its increasing market
dominance in 2020-2021?
A) Amazon
M
B) Google
C) Netflix
D) Facebook
Answer: C
Difficulty: Moderate
AACSB: Application of knowledge
Learning Objective: 1.2: Define e-commerce, understand how e-commerce differs from e-
business, identify the primary technological building blocks underlying e-commerce, and
recognize major current themes in e-commerce.
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MedConnoisseur. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.99. You're not tied to anything after your purchase.
