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In re-intermediation,steps are removed from the value chain as new players find ways to add value to the business process.

A) True
B) False

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What caused Polaroid to go bankrupt?


A) It failed to have innovative technology and a captive customer base.
B) One-hour film processing and digital cameras stole its market share.
C) People who want instant access to their pictures also want a third party involved.
D) Internet websites such as Flickr and Facebook stole its market share.

E) All of the above
F) A) and B)

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Which of the below is not a valid form of an ebusiness revenue model?


A) Value-added services fees
B) Subscription fees
C) Advertising fees
D) Service provider

E) B) and D)
F) A) and C)

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Open source is any proprietary software licensed under exclusive legal right of the copyright holder.

A) True
B) False

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Domain name hosting (Web hosting)is a service that allows the owner of a domain name to maintain a simple website and provide email capacity.

A) True
B) False

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Twitter is an example of a __________.


A) social bookmarking website
B) social tagging website
C) microblogging website
D) blogging website

E) All of the above
F) B) and C)

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Closed source is an online marketing concept in which the advertiser attempts to gain attention by providing content in the context of the user's experience in terms of its content,format,style,or placement.

A) True
B) False

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Native advertising is an online marketing concept in which the advertiser attempts to gain attention by providing content in the context of the user's experience in terms of its content,format,style,or placement.

A) True
B) False

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Many businesses are using instant messaging as a way to answer and resolve questions or problems quickly.

A) True
B) False

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Mobile banking and mobile sales are both a part of the emerging mbusiness.

A) True
B) False

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A mashup is a website or Web application that uses content from more than one source to create a completely new product or service.

A) True
B) False

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What is the system that consists of nonproprietary hardware and software based on publicly known standards that allows third parties to create add-on products to plug into or interoperate with the system?


A) Management system
B) Reputation system
C) Knowledge system
D) Open system

E) A) and B)
F) All of the above

Correct Answer

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What is a type of mediation that refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness?


A) Cybermediation
B) Interactivity
C) Re-intermediation
D) Disintermediation

E) All of the above
F) C) and D)

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Open systems tap into the core knowledge of all employees,partners,and customers.

A) True
B) False

Correct Answer

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What are the two basic functions that social networking sites provide?


A) The ability to create and publish your own software
B) The ability to create and maintain a profile that is your online identity and create connections between other people within the network
C) The ability to capture and create URLs and RSSs
D) The ability to create URLs and edit RSS software

E) A) and B)
F) None of the above

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The primary objective of knowledge management is to be sure that a company's knowledge of facts,sources of information,and solutions are readily available to all employees whenever it is needed.

A) True
B) False

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Which company is expecting to gain the majority of its returns on new investments?


A) General Motors
B) Sears
C) Dell Computer
D) Phillips Petroleum

E) A) and B)
F) B) and C)

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What is social tagging?


A) Represents the interconnection of relationships in a social network
B) Maps group contacts identifying who knows each other and who works together
C) Describes the collaborative activity of marking shared online content with keywords or tags as a way to organize it for future navigation,filtering,or search
D) A keyword or phrase used to identify a topic and is preceded by a hash or pound sign (#)

E) B) and C)
F) None of the above

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What uses the Internet to reassemble buyers,sellers,and other partners in a traditional supply chain in new ways?


A) Content providers
B) Intermediaries
C) Re-intermediation
D) Cybermediation

E) All of the above
F) None of the above

Correct Answer

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What does API stand for?


A) Asynchronous Programming Information
B) Application Programming Interface
C) Application Provider for the Internet
D) Asynchronous Protocol Interaction

E) B) and D)
F) All of the above

Correct Answer

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