Question 1

What is one simplification that has occurred with Business 2.0?

Accepted Answer

A)  helping online users create anonymity
B)  limiting the sharing capabilities of devices
C)  improving access to information
D)  communicating via emailE) A) and B)
F) A) and C)

Question 2

What is user-contributed content?

Accepted Answer

A)  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
B)  buyers post feedback on sellers
C)  content created and updated by many users for many users
D)  refers to the wisdom of the crowdE) None of the above
F) A) and B)

Question 3

What is an open system?

Accepted Answer

A)  any proprietary software licensed under exclusive legal right of the copyright holder
B)  any software whose source code is made available free for any third party to review and modify
C)  contains instructions written by a programmer specifying the actions to be performed by computer software
D)  consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperateE) C) and D)
F) None of the above

Question 4

What describes how products in a network increase in value to users as the number of users increase?

Accepted Answer

A)  network effect
B)  RSS
C)  mashup editor
D)  mcommerceE) B) and D)
F) None of the above

Question 5

Which of the following statements is correct?

Accepted Answer

A)  just putting up a website can create tremendous ebusiness value
B)  just putting up a website can create tremendous business buzz
C)  just putting up a website can limit product availability
D)  just putting up a website does not create an ebusinessE) None of the above
F) A) and B)

Question 6

Tags are specific keywords or phrases incorporated into website content for means of classification or taxonomy.

Accepted Answer

A) True 
 B)False

Question 7

Intermediaries occur when a customer sells directly to another customer online cutting out the intermediary.

Accepted Answer

A) True 
 B)False

Question 8

What is the ebusiness model that represents 80% of all online businesses and are typically more complex requiring greater security needs?

Accepted Answer

A)  consumer-to-consumer
B)  business-to-consumer
C)  consumer-to-business
D)  business-to-businessE) C) and D)
F) All of the above

Question 9

Explicit knowledge is the knowledge contained in people's heads.The challenge inherent in explicit knowledge is figuring out how to recognize, generate, share, and manage knowledge that resides in people's heads.

Accepted Answer

A) True 
 B)False

Question 10

What is a reputation system?

Accepted Answer

A)  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
B)  buyers post feedback on sellers
C)  created and updated by many users for many users
D)  refers to the wisdom of the crowdE) A) and C)
F) C) and D)

Question 11

What is the Internet protocol web browsers use to request and display web pages using universal resource locators?

Accepted Answer

A)  hypertext markup language
B)  web browser
C)  hypertext transport protocol
D)  universal resource locatorE) A) and B)
F) A) and C)

Question 12

What generates revenue each time a user clicks on a link to a retailer's website?

Accepted Answer

A)  pay-per-click
B)  pay-per-call
C)  pay-per-conversion
D)  All of these are correct.E) A) and B)
F) All of the above

Question 13

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

Accepted Answer

A) True 
 B)False

Question 14

Disruptive and new technologies typically cut into the low-end of the marketplace and eventually evolve to displace high-end competitors and their reigning technologies.

Accepted Answer

A) True 
 B)False

Question 15

What are the four most common Business 2.0 characteristics?

Accepted Answer

A)  content sharing, user-contributed content, collaboration competition elimination, web browser organization
B)  content sharing, through open source, specialty-contributed content only, collaboration inside the community, specialized collaboration
C)  content sharing through open source, user-contributed content, collaboration inside the organization, collaboration outside the organization
D)  consumer sharing through open systems, company-contributed content, collaboration inside the organization, collaboration throughout the organizationE) A) and C)
F) B) and C)

Question 16

Which of the following statements is incorrect?

Accepted Answer

A)  The semantic web captures, organizes, and disseminates knowledge (i.e., know-how)  throughout an organization.
B)  The semantic web describes the relationships between things.
C)  The semantic web describes the properties of things.
D)  The semantic web is not about links between web pages.E) A) and D)
F) None of the above

Question 17

How would you categorize mobile entertainment, mobile sales, mobile ticketing, and mobile banking?

Accepted Answer

A)  mobile business
B)  mbusiness
C)  mcommerce
D)  All of these are correct.E) A) and B)
F) All of the above

Question 18

Ben Schultz decides to purchase an iPad on eBay.After the transaction completes and the money is withdrawn from Ben's PayPal account, the iPad never shows up and the email address of the seller bounces.What issue has Ben encountered?

Accepted Answer

A)  the physical separation of buyer and seller
B)  adhering to taxation rules
C)  identifying limited market segments
D)  All of these are correct.E) A) and B)
F) All of the above

Question 19

The WWW, such as Internet Explorer or Mozilla's Firefox, allows users to access organization systems.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following produces an improved product customers are eager to buy, such as a faster car or larger hard drive?

Accepted Answer

A)  sustaining technology
B)  disruptive technology
C)  reputation system
D)  personalizationE) None of the above
F) B) and C)

Exam 3: Ebusiness: Electronic Business Value

What is an open system?

Correct AnswerverifiedShow Answer

What is user-contributed content?

Correct AnswerverifiedShow Answer

The WWW, such as Internet Explorer or Mozilla's Firefox, allows users to access organization systems.

Correct AnswerverifiedShow Answer

Intermediaries occur when a customer sells directly to another customer online cutting out the intermediary.

Correct AnswerverifiedShow Answer

Disruptive and new technologies typically cut into the low-end of the marketplace and eventually evolve to displace high-end competitors and their reigning technologies.

Correct AnswerverifiedShow Answer

Which of the following statements is incorrect?

Correct AnswerverifiedShow Answer

How would you categorize mobile entertainment, mobile sales, mobile ticketing, and mobile banking?

Correct AnswerverifiedShow Answer

What generates revenue each time a user clicks on a link to a retailer's website?

Correct AnswerverifiedShow Answer

What is a reputation system?

Correct AnswerverifiedShow Answer

What is the Internet protocol web browsers use to request and display web pages using universal resource locators?

Correct AnswerverifiedShow Answer

Ben Schultz decides to purchase an iPad on eBay.After the transaction completes and the money is withdrawn from Ben's PayPal account, the iPad never shows up and the email address of the seller bounces.What issue has Ben encountered?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Explicit knowledge is the knowledge contained in people's heads.The challenge inherent in explicit knowledge is figuring out how to recognize, generate, share, and manage knowledge that resides in people's heads.

Correct AnswerverifiedShow Answer

Which of the following produces an improved product customers are eager to buy, such as a faster car or larger hard drive?

Correct AnswerverifiedShow Answer

Tags are specific keywords or phrases incorporated into website content for means of classification or taxonomy.

Correct AnswerverifiedShow Answer

What describes how products in a network increase in value to users as the number of users increase?

Correct AnswerverifiedShow Answer

What is one simplification that has occurred with Business 2.0?

Correct AnswerverifiedShow Answer

Which of the following statements is correct?

Correct AnswerverifiedShow Answer

What are the four most common Business 2.0 characteristics?

Correct AnswerverifiedShow Answer

What is the ebusiness model that represents 80% of all online businesses and are typically more complex requiring greater security needs?

Correct AnswerverifiedShow Answer

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