What do the Three Ps of a successful business represent? A. People, Products, Prices B. Products, Payments, Privacy C. Productivity, Procrastination, Privacy D. People, Processes, Products ANSWER:D Old-economy organisations (corporations) that perform their primary business offline, selling physical products by means of physical agents are called? A. Business-to-Consumer B. Click-and-mortar C. Brick and stone D. Brick-and-mortar ANSWER:D Organisations that conduct some e-commerce activities, usually as an additional marketing channel A. Click-and-touch B. Click-and-mortar C. Click-and-pay D. Pure Play ANSWER:B When ordering, processing and delivery of a product/service are all done online then we can say it is A. Complex e-commerce B. Power-play commerce C. Pure e-commerce D. Fast e-commerce ANSWER:C An online place where buyers and sellers meet to buy/sell/exchange goods, services, money, or information is called an A. e-marketplace B. e-shop C. e-supermarket D. online catalogue ANSWER:A A company selling online to another company is referred to as A. C2C B. B2B C. B2C D. C2B ANSWER:B This website is a very good example of Consumer-to-Consumer e-commerce: A. Asos B. eBay C. Expedia D. Trivago ANSWER:B E-commerce between government and consumers is usually called A. E-Commerce government B. Online citizenship C. E-government D. Electronic ID ANSWER:C E-commerce that exploits social media is called A. Facebook commerce B. Free commerce C. Social commerce D. Any of these three ANSWER:C An economy that is based on digital technologies, including digital communication networks, computers, software, and other related information technologies is called A. Digital economy B. Advanced economy C. Economy in recession D. The Click and Buy economy ANSWER:A “A way of working that is based on people having temporary jobs or doing separate pieces of work, each paid separately, rather than working for an employer” is called A. The gig or sharing economy B. The free-time economy C. The part-time economy D. The Uber economy ANSWER:A The major non-technological limitation to e-commerce right now is A. The price of Internet access B. The government’s laws C. Security and privacy D. The tariffs of postal services ANSWER:C When we say the public policy is a support area of e-commerce we understand A. Public access to Internet B. Online discounts C. The difference between public and private information D. Laws, rules and regulations ANSWER:D An Internet Payment Gateway handles A. Payments submitted by consumers to buy online B. The information about products and services C. The quality of Internet access D. None of these three ANSWER:A Which of the following is an electronic commerce company that facilitates payments between parties through online funds transfers? A. PayPal B. Visa C. HSBC D. Shopify ANSWER:A