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Q:
As the number of Internet users reaches saturation, the challenge for e-retailers now is to increase the amount that shoppers spend online.
Q:
(p. 34) Which of the following fulfills the human need for concepts and categories of meaning that explain daily life?
A. Paradigms
B. Reality
C. Ideology
D. Subjective beliefs
Q:
Sales of goods on the Internet are no longer increasing rapidly because of the bankruptcy of numerous dot-coms.
Q:
According to Internet Retailer, in 2009, approximately 20 percent of adult U.S. Internet users shopped online and/or research offline sales online.
Q:
(p. 34) _____ is the belief that sacred authority called for hard work, saving, thrift, and honesty as necessary for salvation.
A. Positivism
B. Protestant ethic
C. Functionalism
D. Confucian ethic
Q:
(p. 34) Herbert Spencer's idea that evolutionary competition in human society, as well as the natural world, weeded out the unfit and advanced humanity is known as:
A. neo-Darwinism.
B. neural Darwinism.
C. social Darwinism.
D. quantum Darwinism.
Q:
Amazon is recognized as an online leader in creating sales through customer intimacy and customer relationship management (CRM).
Q:
(p. 34) Which of the following is NOT an ideology that facilitated the Industrial Revolution?
A. Constitutional democracy
B. Communism
C. Darwinism
D. Social Darwinism
Q:
Identify five social shopping models.
Q:
(p. 34) A set of reinforcing beliefs and values that constructs a worldview is called a(n):
A. ideology.
B. theory.
C. realism.
D. philosophy.
Q:
Why are trust verification sites important to e-tailers and other online sellers? List two verification sites. What is their function?
Q:
(p. 33) The _____ is the unit of human organization in which individuals and cultural groups can influence their circumstances and future.
A. multi-ethnic state
B. citizen state
C. nation-state
D. pre-national state
Q:
What are virtual (pure play) e-tailers? Give an example. List one advantage and one disadvantage of this business model.
Q:
(p. 33) Which of the following is true regarding the modern nation-state?
A. It is an independent entity which is not administered as part of a local government.
B. It is a sovereign state which is comprised of two or more nations.
C. It is the single dominant ethnic group in a state.
D. It arose in an unplanned way out of the wreckage of the Roman Empire.
Q:
List five of McKinsey and Company's predictions about the future of EC, Web 3.0, and Semantic Web.
Q:
(p. 33) In the international arena, a _____ is an actor formed of three elements: a ruling authority, citizens, and a territory with fixed borders.
A. pre-national state
B. nation-state
C. citizen state
D. multinational state
Q:
Identify seven concerns regarding the implementation of Web 3.0 and the future of EC.
Q:
(p. 32) ____, especially a few hundred of the largest headquartered in developed nations, are the central forces of current economic globalization.
A. Transnational corporations
B. Multinational corporations
C. Micro-multinationals
D. International corporations
Q:
Briefly discuss four mechanism aids for Web 2.0 tools.
Q:
(p. 32) Globalization is:
A. an economic metamorphosis that started in England in the late 1700s.
B. the creation and maintenance of a disparate economic relationship between states.
C. the creation of networks of human interaction that span worldwide distances.
D. a philosophy in which nations promote trade by easing tariff and non-tariff barriers.
Q:
Define marketspace. Identify the major components and players in the marketspace.
Q:
(p. 31) The invention of the _____ in the late 1700s and its widespread use beginning in the early 1800s triggered the Industrial Revolution.
A. printing press
B. new iron-making method
C. waterwheel
D. steam engine
Q:
List three ways in which electronic marketplaces have changed the processes used in trading and supply chains.
Q:
(p. 31) Identify the correct statement regarding the waves of innovation that have taken place since the beginning of the Industrial Revolution.
A. The first wave of innovation lasted for about 50 years.
B. The second wave of innovation had a time length of 65 years.
C. Thus far, the waves of innovation have been divided into seven distinct phases.
D. So far, the general trend has been the shortening of successive waves.
Q:
(p. 31) Which of the following is true regarding the waves of innovation that have taken place since the beginning of the Industrial Revolution?
A. The first wave of innovation started in 1685.
B. In the first wave of innovation, electricity came into general use.
C. The second wave of innovation began in 1845 and ended in 1900.
D. The second wave of innovation was powered by aviation.
Q:
McKinsey and Company's trend predictions include(s)
A) distributed cocreation moves into the mainstream.
B) imagining anything as a service.
C) innovation coming from the bottom of the pyramid.
D) all of the above.
Q:
Concerns about Web 3.0 implementation and the future of EC include
A) lack of net neutrality.
B) wiring for a sustainable world.
C) the use of 3-D tools.
D) ownership.
Q:
(p. 30) Which of the following is true regarding the implications of the current population trend?
A. The global population growth is rising.
B. The global population growth will be lowest in the least developed countries.
C. The wealth gap between the high-and-low-income countries will narrow down.
D. The global population growth will continue to strain the earth's ecosystem.
Q:
An evolving extension of the Web in which Web content can be expressed not only in natural language, but also in a form that can be understood, interpreted, and used by intelligent computer software agents, permitting them to find, share, and integrate information more easily describes
A) Web 4.0.
B) Camelot Web.
C) Web 2.0.
D) Semantic Web.
Q:
(p. 30) Which of the following is most likely to drive future population changes?
A. High fertility
B. Low mortality
C. Stable fertility
D. Zero migration
Q:
Which of the following consists of the creation of high-quality content and services produced by gifted individuals using Web 2.0 technology as an enabling platform and is used to describe the future of the World Wide Web?
A) Level 2.0
B) Web 4.0
C) Web 3.0
D) Web 5.0
Q:
(p. 29) _____ is calculated as the number of children a woman must have on average to ensure that one daughter survives to reproductive age.
A. Sub-replacement fertility
B. Net reproduction rate
C. Total fertility rate
D. Replacement fertility rate
Q:
(p. 28) According to the 2010 United Nations Development Programme's Human Development Report, which of the following countries has the highest human development in the world?
A. The United States
B. Canada
C. Norway
D. Mexico
Q:
Types of business activities in virtual worlds include each of the following except
A) creating and managing a virtual business.
B) operating a bed and breakfast in Nova Scotia.
C) providing services for those who build, manage, or make money with virtual properties.
D) conducting regular business activities.
Q:
A virtual world is
A) a user-defined world in which people can interact, play, and do business.
B) a single point of access, through a Web browser, to critical business information located inside and outside (via Internet) an organization.
C) a social network whose major interest is business topics.
D) a combination of two or more websites into a single website that provides the content of both sites to deliver a novel product to consumers.
Q:
(p. 28) Which of the following is a category used by the HDI to measure the development of nations?
A. Longevity
B. Flexibility
C. Resilience
D. Dynamism
Q:
(p. 28) The Human Development Index scale ranges from:
A. 0 to -1.
B. 0 to 1.
C. -1 to +1.
D. -5 to 0.
Q:
Capabilities and services provided by social networking sites include
A) discussion forums.
B) blogs for discussion and dissemination of information.
C) viewing and sharing photos, videos, and documents.
D) all of the above.
Q:
Which of the following is a global, multilanguage, social network popular in Asia and parts of Europe, Africa, and South America?
A) Hi5.com
B) Piczo.com
C) Friendsreunited.co.uk
D) Iwiw.net
Q:
(p. 27) According to the Gini index, the cause of most of the rise in world income inequality is a(n):
A. growing gap between the peoples of rich and poor nations.
B. increasing trend toward liberalization.
C. growing separation of rich and poor within nations.
D. transition from high to low fertility in nations.
Q:
(p. 26) Which of the following statements regarding the Gini index is true?
A. Zero percent stands for absolute equality.
B. It is a statistical measure of complexity.
C. Fifty percent represents absolute inequality.
D. Inequality reduces as the percentage figure rises toward 100.
Q:
Facebook, LinkedIn, and catster.com are examples of
A) gender communities.
B) communities of practice.
C) virtual worlds.
D) social network sites.
Q:
Which of the following refers to communities organized by interest, such as hobbies, technical topic, vocations, political parties, or trade unions?
A) association portals
B) affinity portals
C) communities of practice
D) virtual worlds
Q:
(p. 26) The Gini index ranges between:
A. 0 to -1.
B. 0 percent to 100 percent.
C. -1 to +1.
D. 1 percent to 50 percent.
Q:
Types of virtual communities include each of the following except
A) relations or practices.
B) virtual worlds.
C) mashups.
D) social networks.
Q:
(p. 26) Using this statistical measure of global income inequality, inequality becomes greater as the percentage figure rises toward 100.
A. Human Development Index
B. Robin Hood index
C. Gini index
D. Lorenz index
Q:
Which of the following was Stormhoek Winery's successful marketing campaign that had volunteers, over a series of days, host dinners that included tasting Stormhoek wine?
A) 100 Geek Dinners in 100 Days.
B) Stormhoek's May Wine Days.
C) Stormhoek's Friends, Dinner, and Wine.
D) Stormhoek's No Grape Before It's Time Wine Tasting Event
Q:
(p. 25) Which of the following situations contributed to the Industrial Revolution?
A. Society that was low on capital and labor
B. Closed society
C. Society that encouraged individual initiative
D. Inadequate transportation
Q:
The practice and method of collaboratively creating, classifying, and managing tags to annotate and categorize content best defines
A) mashup.
B) tweeting.
C) social bookmarking.
D) folksonomy.
Q:
(p. 25) Which of the following statements about the Industrial Revolution is true?
A. It started in the late 1800s.
B. It first started in the United States.
C. It transformed the agrarian economies into industrial economies.
D. It did not require any specific conditions to be present.
Q:
A method for Internet users to store, organize, search, and manage bookmarks of Web pages on the Internet with the help of metadata best defines
A) tagging.
B) filtering.
C) social bookmarking.
D) intermediating.
Q:
(p. 25) Which of the following statements about historical forces is true?
A. It is of known origin.
B. It is divided into six separate but related forces.
C. It is a social force.
D. It causes a distinct chain of events.
Q:
A combination of two or more websites into a single website that provides the content of both sites to deliver a novel product to consumers best defines
A) blog.
B) mashup.
C) podcast.
D) wiki.
Q:
(p. 25) An environmental force of unknown origin and mysterious action that provides the energy for events is known as a:
A. proposition.
B. scenario.
C. historical force.
D. premise.
Q:
Which of the following is a social software tool?
A) auctions
B) blogs
C) shopping carts
D) e-catalogs
Q:
(p. 22) _____ is an economic policy of lowering tariffs and other barriers to encourage trade.
A. Liberalization
B. Deregulation
C. Democratization
D. Marketization
Q:
A marketplace in which an intermediary arranges barter transactions best defines
A) bartering exchange.
B) forward auction.
C) blog.
D) Web portal.
Q:
(p. 22) A plausible story of the future based on assumptions about how current trends might play out is known as a:
A. proposition.
B. scenario.
C. historical force.
D. premise.
Q:
Benefits of e-auctions to buyers include
A) liquidating large quantities quickly.
B) higher repeat purchases.
C) optimal price setting determined by the market.
D) opportunities to find unique items.
Q:
(p. 44) The employees of a business are a part of its external environment.
Q:
Benefits of e-auctions to sellers include
A) anonymity.
B) convenience of bidding anywhere and any time.
C) lack of differentiation.
D) optimal price is determined by the market.
Q:
(p. 43) The Living Planet Index measures the human consumption of the renewable natural resources.
Q:
A formal auction in which participants pay a nonrefundable small fee for each bid, and the bid level changes by small increments. This defines
A) reverse auction.
B) charge-by-bid auction.
C) forward auction.
D) penny auction.
Q:
(p. 43) Economic activity is a geophysical force with power to change the natural environment.
Q:
An auction in which multiple buyers and their bidding prices are matched with multiple sellers and their asking prices, considering the quantities on both sides best defines
A) forward auction.
B) reverse auction.
C) double auction.
D) penny auction.
Q:
(p. 42) Soft law refers to the voluntarily adopted guidelines for corporate behavior derived from emerging norms and standards in international codes, declarations, and conventions.
Q:
An auction in which the buyer places an item for bid on a request for quote system, potential suppliers bid on the job, with the price reducing sequentially, and the lowest bid wins; this describes
A) forward auctions.
B) reverse auctions.
C) bidding auction system.
D) tendering system.
Q:
(p. 41) A form of government requiring popular sovereignty, political liberty, and majority rule is the androcracy.
Q:
An auction in which a seller entertains bids from buyers, and the bidders increase price sequentially best defines
A) forward auctions.
B) reverse auctions.
C) bidding auction system.
D) tendering system.
Q:
(p. 40) Values based on assumptions of security and affluence are known as postmaterialist values.
Q:
Prices that change based on supply and demand relationships at any given time best defines
A) dynamic pricing.
B) commodity pricing.
C) pre-shopping.
D) negotiation.
Q:
(p. 38) A Web site open to collaborative editing by multiple individuals is known as a blog.
Q:
An order-processing technology that allows customers to accumulate items they wish to buy while they continue to shop best defines
A) intelligent agent.
B) e-fulfillment agent.
C) electronic shopping cart.
D) mobile portal.
Q:
(p. 36) The economic environment consists of forces that influence market operations, including overall economic activity, commodity prices, interest rates, currency fluctuations, wages, competitors' actions, and government policies.
Q:
Which is not a popular search engine?
A) Google
B) Linux
C) AltaVista
D) Lycos
Q:
(p. 34) A set of reinforcing beliefs and values that constructs a worldview is known as an ideology.
Q:
The practice of identifying and enabling specific content across the enterprise to be indexed, searched, and displayed to authorized users best describes
A) desktop search.
B) enterprise search.
C) web search.
D) portal search.
Q:
(p. 33) The nation-state is the unit of human organization in which individuals and cultural groups can influence their circumstances and future.
Q:
An e-commerce intermediary that connects manufacturers with business buyers (customers) by aggregating the catalogs of many manufacturers in one place best describes
A) electronic catalog.
B) e-distributor.
C) metamediary.
D) broker.
Q:
(p. 33) In the international arena, the nation state is an actor having a ruling authority, citizens, and a territory with fixed borders.