Ecommerce - Study Mode

[#261] In which website Global Easy Buy is facilitated?
Correct Answer

(A) Ebay.com

Explanation

Solution: In Ebay.com Global Easy Buy is facilitated.

[#262] A _________ is the set of planned activities designed to result in a profit in a marketplace.
Correct Answer

(A) business model

Explanation

Solution: A business model is the set of planned activities designed to result in a profit in a marketplace.

[#263] The best products to sell in B2C e‐commerce are:
Correct Answer

(B) Digital products

Explanation

Solution: The best products to sell in B2C e‐commerce are Digital products. A digital product is an intangible asset or piece of media that can be sold and distributed repeatedly online without the need to replenish inventory.

[#264] Which of the following is not a key element of a business model?
Correct Answer

(D) universal standards

Explanation

Solution: Universal standards is not a key element of a business model. 8 Key Elements of a business model and types of E commerce Business models are 1) Value Proposition. 2) Revenue Model. 3) Market Opportunity. 4) Competitive Environment. 5) Competitive Advantage. 6) Market Strategy. 7) Organizational Development. 8) Management Team.

[#265] Which products are people most likely to be more uncomfortable buying on the Internet?
Correct Answer

(B) Furniture

Explanation

Solution: The products that people are most likely to be more uncomfortable buying on the Internet are Furniture among the given options.