Ecommerce - Study Mode

[#221] The set of standards for communication between a browser and a program running on a server that allows for interaction between the user and the server is known as _________.
Correct Answer

(C) Common Gateway Interface (CGI)

Explanation

Solution: The set of standards for communication between a browser and a program running on a server that allows for interaction between the user and the server is known as Common Gateway Interface (CGI).

[#222] Which form of e‐marketplace brings together buyers and sellers from multiple industries, often for MRO materials?
Correct Answer

(A) horizontal

Explanation

Solution: Horizontal form of e‐marketplace brings together buyers and sellers from multiple industries, often for MRO materials. Horizontal e-commerce outfits focus on the breadth of product offerings, while vertical ones concentrate on depth.

[#223] Which of the following is not a horizontal portal?
Correct Answer

(C) Sailnet

Explanation

Solution: Sailnet is not a horizontal portal. Specialized website (portal) that serves as an entry point to several firms in the same industry or to the same type of suppliers.

[#224] What are materials used in production in a manufacturing company or are placed on the shelf for sale in a retail environment?
Correct Answer

(A) Direct materials

Explanation

Solution: Direct materials used in production in a manufacturing company or are placed on the shelf for sale in a retail environment.

[#225] A situation where there are no differences among products or services, and the only basis of choosing products is price is known as _________.
Correct Answer

(D) commoditization

Explanation

Solution: A situation where there are no differences among products or services, and the only basis of choosing products is price is known as commoditization. Commoditization refers to the process of making something into a commodity. A commodity is a fundamental good used in commerce that is interchangeable with other commodities of the same type.