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Quizlet › Printing flashcards of Chapter 8 BCIS

Quizlet › Printing flashcards of Chapter 8 BCIS

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True or false. E-commerce is the buying and selling of goods and services over public and private computer networks. True or false. The U.S. Census Bureau, which publishes statistics on e-commerce activity , defines merchant companies as those that take title to the goods they sell. True or false. The U.S. Census Bureau defines nonmerchant companies as those that buy goods and then resell them. False; It defines nonmerchant companies as those that arrange for the purchase and sale of goods without ever owning or taking title to those goods. True or false. A manufacturer that uses an e-commerce site to sell computer hardware to the U.S. Department of State is engaging in B2B commerce. False; That is B2G. B2B e-commerce refers to sales between companies. True or false. An electronic exchange is a type of clearinghouse that matches buyers and sellers; the business process is similar to that of a stock exchange. Quizlet › Printing flashcards of Chapter 8 BCIS http://quizlet.com/8061121/flashcards/ 1 of 24 12/2/2011 8:48 AM
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True or false. Using an auction, a company can learn just what the top price for an item is, but not the second, third, and other prices from the losing bids. In this way, the company can determine the shape of the price elasticity curve. False; Using an auction, a company can learn not just what the top price for an item is, but also the second, third and other prices from the losing bids. In this way, the company can determine the shape of the price elasticity curve. True or false. E-commerce allows manufacturers to offer lower prices and still make a profit thereby leading to price conflict with their traditional channels. True or false. Customer-service expenses are more likely to decrease for manufacturers that use e-commerce to sell directly to consumers. False; Customer-service expenses are likely to increase for manufacturers that use e-commerce to sell directly to consumers. True or false. Web 2.0 generally refers to a loose grouping of capabilities, technologies, business models, and philosophies. True or false. In Web 2.0 processing, business models rely on the sale of software licenses. False; In traditional processing business models rely on the sale of software licenses. In Web 2.0 processing, business models rely on advertising or other revenue-from-use. Quizlet › Printing flashcards of Chapter 8 BCIS http://quizlet.com/8061121/flashcards/ 2 of 24 12/2/2011 8:48 AM
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True or false. Web 2.0 applications are thick clients. True or false. A characteristic of Web 2.0 is that the value of a site increases with users and use. True or false. Web 2.0 interfaces carefully control the users' experience. In contrast, traditional interfaces are organic. False; Web 2.0 interfaces are organic. In contrast, traditional interfaces carefully control the user's experience.
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