Practice Questions for the final exam
- Briefly explain the following definition: E-Commerce is a
Technology-mediated exchange between parties as well as
electronically-based intra- or inter-organizational activities that
facilitate such exchanges.
- How is above definition related to the Internet, intranets, and extranets?
- List three categories of E-commerce with an example of each.
- What aspects of networked economy made classical strategic planning inappropriate for E-business?
- Discuss two of the most important aspects of online consumer behavior.
- Briefly describe the five components of the comprehensive
framework of e-commerce. Focus on the decisions to be made in
every component of the framework and the type of knowledge needed for
them?
- Select two of the factors that make the Internet work and explain them in brief.
- Briefly describe the communications between Prof. Joseph Liklider
and ARPA and how it ended up by creating the parent of the Internet.
- Compare the functionality of TCP and IP protocols.
- What does reliability means in the context of network communications and which protocol provided it?
- Why do we need human-friendly addresses on the Internet?
- What system converts between IP addresses and human-friendly addresses? Explain briefly how it works?
- If the store size in bricks-and-mortar business is affected by
the items it sells and the amount of customers they serve, what are the
factors that affect the store size in an online business?
- List three techniques that can be used to address the lack of
direct communications between a company customers and its customer
service staff.
- List three issues related to the use of credit cards as a payment method in online business.
- Describe two technologies used for security on the Internet.
- Explain the following: order fulfillment in online business is
faced by many issues including: (1) customers demand transparency, and
(2) multiple partners and multiple systems to be used.
- Which activity in an online business is strongly tied to its accounting system, and finished goods inventory? How?
- Compare the following aspects for both bricks-and-mortar and
online businesses: placement, store layout, store size, and payment.
- What do we mean by Bandwidth? How important is it for an online
store? What characteristic of a bricks-and-mortar store is comparable
to bandwidth?
- List the the three major phases and the seven steps involved in the customer purchasing decision.
- What's the role of the egg diagram in a business model
- What is the difference between a value proposition and a value cluster?
- What elements are included in the description of a value proposition (cluster)?
- List two examples of tangible resources and two examples of non-tangible resources.
- What is the rational of the online business models as described
by Rayport and Jaworski; that is, how does the different components of
the model support each other?
- What is the major question answered when developing a business model?
- Describe three revenue models with examples.
Best wishes
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