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Self-Study Quiz: True or False

Chapter 4: The Digital Firm: Electronic Business and Electronic Commerce

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This activity contains 15 questions.

Question 1.
One advantage of using Internet technology is that it provides the infrastructure to allow information to flow seamlessly from one part of the organization to another.


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Question 2.
The use of the Web has increased information asymmetry between sellers and buyers.


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Question 3.
A portal is a graphic display on a Web page that, when clicked, takes the viewer to another Web page.


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Question 4.
The Web has transformed customers from passive buyers to active participants in creating value.


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Question 5.
Net marketplaces serve both vertical and horizontal markets.


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Question 6.
Suppliers have been reluctant to participate in Internet exchanges because competitive bidding drives prices down without the normal benefits of cutting prices.


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Question 7.
Amazon.com's one-click shopping uses an accumulated balance digital payment system.


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Question 8.
An intranet normally does not include a corporate directory with names and telephone numbers because this information is more valuable in printed form.


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Question 9.
Many private industrial networks are based on extranets for streamlining supply chain management.


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Question 10.
Collaborative commerce requires new types of accounting systems that can handle coordination among business partners and supply chains


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Question 11.
The business models built around the Internet are largely unproven and frequently unprofitable.


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Question 12.
Digitally integrating an enterprise does not require a complete change of business mindset.


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Question 13.
Electronic commerce requires an atmosphere of trust.


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Question 14.
The Web provides unprecedented demographics information to virtual businesses.


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Question 15.
Using the Internet as an alternative outlet for sales creates virtual networks using the concept of channel conflict.


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