Ecommerce - Study Mode

[#136] Which of the following applies to the implementation of an idea?
Correct Answer

(C) Patent

Explanation

Solution: Patent applies to the implementation of an idea.

[#137] The type of social network described as a community built around a common interest such as games, sports, music, and so on is called _________.
Correct Answer

(D) interest-based social network

Explanation

Solution: The type of social network described as a community built around a common interest such as games, sports, music, and so on is called interest-based social network. An interest-based network is exactly what it sounds like: a social network built around interests, using common threads to bring members of an audience together. Whether for travel, food, fashion or cats, interest-based networks are taking over the social media scene, and brands that get it stand to reap the benefits.

[#138] When you purchase copyrighted software, what actually are you paying for?
Correct Answer

(D) All of the above

Explanation

Solution: When we purchase copyrighted software, we are actually paying for The cost of the CDs, manuals, and development of the software, The cost of the CDs, manuals, and a share of the cost of the software development and A share of the cost of software development.

[#139] Auction sites like eBay tend to use _______ pricing.
Correct Answer

(A) dynamic

Explanation

Solution: Auction sites like eBay tend to use dynamic pricing. Dynamic pricing is the latest pricing trend that has taken the ecommerce industry by storm.

[#140] Which of the following is not a dimension of privacy?
Correct Answer

(D) All of the above are dimensions of privacy

Explanation

Solution: Need for personal space, Need to feel in control of our possessions and Need to feel in control of our personal information all are dimension of privacy.