Online Exam 1 |
Question 1 |
The rise of the __________ period started with the launch of Amazon.com in 1995 and continued until 2000.
Question options:
| Internet |
| crash |
| synergy |
| grassroots of e-business |
Question 2 |
The __________ stage of a technological revolution takes place right after a new technology is introduced to the market.
Question options:
| crash |
| frenzy |
| synergy |
| irruption |
Question 3 |
In the context of e-business strategies, the concept of __________ deserves special attention because many Internet start-ups that ended up in bankruptcy at the end of the Internet boom years did not pay enough attention to this issue.
Question options:
| value creation |
| strategy formation |
| competitive analysis |
| innovation |
Question 4 |
The e-business strategy framework consists of all of the following EXCEPT:
Question options:
| strategy formulation. |
| strategic analysis. |
| strategy implementation. |
| market exploitation. |
Question 5 |
Within organizations, we typically recognize the following three different levels of strategy. Which of the following is NOT one of these strategies?
Question options:
| Operational |
| Corporate-level |
| Differentiation |
| Business unit |
Question 6 |
__________ deals with the facilitation of transactions and selling of products and services online.
Question options:
| Mobile commerce |
| E-marketing |
| E-business |
| E-commerce |
Question 7 |
__________ refer(s) to a firm's ability through IT and the Internet to turn resources into valuable products or services.
Question options:
| E-Innovations |
| E-Development |
| E-Capabilities |
| E-Synergies |
Question 8 |
The Internet can change __________ insofar as suppliers, manufacturers, distributors, retailers, and customers can interact in new and different ways.
Question options:
| industry structure |
| industry value chains |
| firm value chains |
| competitive relationships |
Question 9 |
The goal of __________ strategy is to achieve (long-term) success by building up one or more sources of competitive advantage.
Question options:
| Internet |
| e-business |
| synergistic |
| market exploitation |
Question 10 |
The most recent and unstoppable trend in globalization of business and economic interdependence is:
Question options:
| mobile commerce. |
| social media. |
| e-business. |
| the Internet. |
Question 11 |
The most common online retail business models include all of the following EXCEPT:
Question options:
| virtual merchants. |
| bricks-and-clicks retailers. |
| kiosk merchants. |
| manufacturer-direct retailers. |
Question 12 |
The overall goal of developing an e-business strategy is to:
Question options:
| lower transaction costs. |
| achieve economies of scale and scope. |
| increase customer value. |
| succeed in using the Internet as an enabler for achieving a competitive advantage. |
Question 13 |
The second stage of a technological revolution is:
Question options:
| the "gilded age." |
| synergy. |
| irruption. |
| the "golden age." |
Question 14 |
Before the Internet became a widely used platform for conducting e-business transactions, companies were already using other information and communication technologies (ICT) infrastructures. These included all EXCEPT:
Question options:
| electronic data interchange (EDI). |
| customer relationship management (CRM). |
| public IT platforms. |
| inter-organizational information systems (IOS). |
Question 15 |
__________ developed the five-stage model of technological revolutions.
Question options:
| H. Mintzberg |
| C. Perez |
| M. Porter |
| B. Arthur |
Question 16 |
__________ strategy, also known as functional-level strategy, deals with how to implement the business unit strategy with regard to resources, processes, and people.
Question options:
| Operational |
| Corporate-level |
| Implementation |
| Divisional |
Question 17 |
Carlota Perez defines a(n) __________ as a "powerful and highly visible cluster of new and dynamic technologies, products and industries, capable of bringing about an upheaval in the whole fabric of the economy and of propelling a long-term upsurge of development."
Question options:
| technological revolution |
| deployment period |
| installation period |
| competitive advantage |
Question 18 |
__________ deal(s) with the overall plan for deploying the resources that a firm possesses.
Question options:
| E-commerce |
| Tactics |
| Differentiation |
| Strategy |
Question 19 |
Firm __________ can be directly affected by e-commerce through its potential impact on how the business performs various business processes such as warehousing, manufacturing, sales, and customer support.
Question options:
| technological support systems |
| profitability |
| value chains |
| competitive advantage |
Question 20 |
Which of the following is NOT one of the three strategic issues that are highly relevant to e-business companies?
Question options:
| The company's internal strengths and weaknesses |
| The internal organization of an e-business venture |
| Relationships with suppliers |
| Customers and users |
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