Ecommerce - Study Mode

[#251] ______________ marketing is the Internet version of word-of-mouth marketing.
Correct Answer

(C) Viral

Explanation

Solution: Viral marketing is the Internet version of word-of-mouth marketing. Viral Marketing is that which is able to generate interest and the potential sale of a brand or product through messages that spread like a virus, in other words, quickly, and from person to person. The idea is for it to be the users themselves that choose to share the content.

[#252] Why would a merchant want to customize products?
Correct Answer

(A) To charge a higher price

Explanation

Solution: A merchant want to customize products because to charge a higher price.

[#253] The E‐payment mechanism widely used in B2B is.
Correct Answer

(D) E‐cheque

Explanation

Solution: The E‐payment mechanism widely used in B2B is E‐cheque. An electronic version or representation of a paper cheque. The account holder writes an e-check (or e-cheque) using a computer or other type of electronic device and transmits the e-cheque to the payee electronically. Like paper cheques, e-checks are signed by the payer and endorsed by the payee.

[#254] A website offering content created by third party transparently to customers is an example of ________.
Correct Answer

(B) Syndication

Explanation

Solution: A website offering content created by third party transparently to customers is an example of Syndication. a group of individuals or organizations combined or making a joint effort to undertake some specific duty or carry out specific transactions or negotiations.

[#255] Which type of technology will increase portability and mobility?
Correct Answer

(D) All of the above

Explanation

Solution: Implant chips, Micro‐payments and Internet phone calls type of technology will increase portability and mobility.