The early years of e-commerce are considered:
A) the most promising time in history for the successful implementation of first mover advantages.
B) an economist's dream come true, where for a brief time consumers had access to all relevant market information and transaction costs plummeted.
C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year.
D) a dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses.
Answer: C) a stunning technological success as the Internet and the Web increased from a few thousand to billions of e-commerce transactions per year.
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E-commerce Chapter 1
- Which of the following statements is not true?
- Which of the following is one of the three primary societal issues related to e-commerce?
- Which business application is associated with the technological development of local area networks and client/server computing?
- Above all, e-commerce is a ________ phenomenon.
- All of the following are issues facing Pinterest except:
- Which of the following is not an element of friction-free commerce?
- Which of the following refers to the displacement of market middlemen and the creation of a new direct relationship between producers and consumers?
- Which of the following refers to the practice of researching a product online before purchasing it at a physical store?
- Which of the following is an example of an e-commerce first mover that failed?
- Which of the following statements is not true?
- Which of the following is not true regarding e-commerce today?
- Which of the following is a characteristic of the Consolidation phase of e-commerce?
- Which of the following is a characteristic of the Reinvention phase of e-commerce?
- Which of the following best describes the early years of e-commerce?
- The early years of e-commerce were driven by all of the following factors except:
- Unfair competitive advantages occur when:
- All of the following were visions expressed during the early years of e-commerce except:
- Which of the following is not a characteristic of a perfect competitive market?
- All of the following are examples of Web 2.0 sites and applications except:
- Which of the following is a characteristic of e-commerce during the Invention period?
- In which year was e-commerce said to have begun?
- Which of the following was the first large-scale digitally enabled transaction system in the B2C arena?
- All of the following are considered a precursor to e-commerce except:
- Which of the following describes the basic web policy of large firms during the Invention period?