Unfair competitive advantages occur when:
A) one competitor has an advantage others cannot purchase.
B) market middlemen are displaced.
C) information is equally distributed and transaction costs are low.
D) firms are able to gather monopoly profits.
Answer: A) one competitor has an advantage others cannot purchase.
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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 are considered:
- The early years of e-commerce were driven by all of the following factors except:
- 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?