QUIZ

1.What is E-commerce?

>electronic-commerce, it is a business transaction that deal with customer and suppliers, connecting their respective computers via internet.

2.What are the 2 types of  E-commerce?

>B2B- business to business and B2C- business to customer

3.What is B2B?

>Business to business, it a transaction between business and other business

4.What is B2C?

>Business to customer, it a transaction between business to customer.

5.What is EFT?

>Electronic Funds Transfer. it is used by many firms and also by individuals who have their payroll checks deposited into their bank accounts and who pay thier bills with electronic payments.

6.What are the 3 benifits of E-commerce?

a.) improved customer service before, during, and after sale.

b.) improved relationships with suppliers and the financial community.

c.) increased economic return on stockholder and owner investment.

7.What is BI?

>business intelligence

8.What do you call the law predicts the doubling og computer power every 18 months?

9.What is IOS?

>interorganizational system.

10.What is special computer program that asks a user for a word or group of words to be found?

> search engine

11.What are the 3 participating firms in IOS?

>trading partners or business partners or business alliance.

12.It consists of improvements in firm's own operation,thus enabling the firms to gather data faster,analyze it faster

>internal efficiency

13.It include improvements that are gained by working with there firms.

>interorganizational efficiency.

14.It is an ability of a firm top resolve disagreements with its supplier and customer to its own advantage.

>bargaining power.

15.It is a special type of IOS in that the customer trusts the supplier enough to allow the suppliers to access it computer-based inventory system.

>vendor stock replenishment

16.Consist of direct computer-to-computer transmissions among multiple firms of data in machine-readable,structured format.

>electronic data interchange

17.What is ARPANET?

>advanced research projects agency

18.What is WWW?

>world wide web

19.What is website?

> is a computer linked to the internet that containing hypermedia that can be accessed  from any other computer in the network by means of hypertext links.

20.What is the difference between webpage and home page?

>webpage is a hypermedia file stored at a unique webside address, while the home page is the first page of a website.