General Ecommerce MCQs

1. What does SWIFT stand for?

2. A page made specifically to rank well in search engines for particular keywords is called?.

3. By what form of identity can you send funds to someone using Paypal?

4. A recruiting firm that uses the online testing services of a skills testing website is an example of _______?

5. A __________ is a record of a users activity on the Internet, including every Web site and every page of every Web site visited.

6. What does SET stand for?

7. Which of the following options describes a hardware or software that acts as a mediator between two distinct protocols and helps in the transfer of information between diverse systems.

8. What does CTR stand for in the context of internet advertising?

9. What is the ANSI Accredited Standards Committee X12 responsible for?

10. Which of the following statements is true with regard to smart cards?

11. Which of the following companies were the chief contributors in the development of the SET protocol?

12. In the context of Ecommerce, what is a Virtual Terminal?

13. How does AVS work?

14. What is OBI?

15. Which of the following statements is not true with regard to SSL and SET?

16. What is the speed of a T-3 internet connection?

17. What is the Data Interchange Standards Association (DISA) responsible for?

18. What is spoofing?

19. What does OBI stand for?

20. What are Micropayments?

21. Which of the following are common uses for a personal digital ID?

22. What does the term Subject mean with regard to digital certificates?

23. State whether the following statement is true or false. Pages views include the hits on non-html components of the webpage such as graphics.

24. What is the D-U-N-S Number?

25. What is the term for the penalty, for an agreed upon amount, assessed by retail customer to a supplier for not following vendor procedures established in the contract with the retailer?

26. What is the return code of Gateway timed out?

27. Which formats are supported for storing digital certificates?

28. What is common between Verisign, GTE and Thawte?

29. What are affiliate programs?

30. What is Mondex?

31. What does CPC stand for in the context of internet advertising?

32. What steps can be taken to prevent hackers from sabotaging your web site?

33. What is stored in a computers memory for remembering preferences during a web site visit that is flushed on leaving the site.

34. How is advertising cost calculated using CPM?

35. What does the term Discount Rate mean in the context of Ecommerce?

36. The portion of a Web page that is visible once the page has loaded is termed as?

37. What is the name of the methodology that allows digital data to be transmitted and read at another location that uses a different format from the original source.

38. What does InterNIC stand for?

39. What is the key size for the Data Encryption Standard(DES) algorithm?

40. Which of the following statements is true with regard to EDI?

41. Which of the following statements is true with regard to SSL?

42. Which of the following statements is true with regard to SSL?

43. What is TRUSTe?

44. What is the name of the processes that add value in the supply chain that the final buyer in the supply chain will pay for?

45. Which of the following terms describes a program that randomly rotates the banner ads that are seen by users on a Website so that each time the site is visited or refreshed a different banner ad will appear on the screen.

46. What does the term EDIFACT stand for?

47. What does AVS stand for in the context of Ecommerce?

48. Which of the following statements is true with regard to the SET protocol?

49. What does a digital certificate contain?

50. Who developed the SSL protocol?

51. An extension of a company network or a collaborative Internet connection to key customers, suppliers, and partners is an example of:

52. State whether the following statement is correct. The role of the certification authority is to guarantee that the individual granted the unique digital certificate is, in fact, who he or she claims to be?

53. What is a Certificate Revocation List?

54. What does EDI stand for?

55. XML definitions and schema language framework designed to extend the usability of XML to describe financial statements are called?

56. What does the .net domain name extension symbolize?

57. What is the term for the difference in performance of an organizations particular activity or product, and that of their competition.

58. What are smart cards?

59. Which form of online payment deducts funds directly from your own standard checking account?

60. Which of the below descriptions best describes the meaning of FTP?

61. What is an Accelerator in the context of Internet start-ups?

62. What does CPM stand for in the context of internet advertising?

63. What is SHA?

64. What is the ANSI X12 standard?

65. What does CPS stand for in the context of internet advertising?

66. Which statement is true with regard to 128 bit SSL?

67. Which of the below banner formats is most commonly used in the online advertising industry?

68. Which of the following are potential disadvantages of setting up an E-business?

69. Which of the below companies provides relative visitor data about the best websites?

70. What infrastructure is required to implement an affiliate program?

71. What does the term Settlement mean in the context of Ecommerce?

72. What is the return code of Bad Gateway?

73. Which of the following best describe Superstitials?

74. What is an Automated Clearing House Transaction?

75. Which of the following definitions most nearly describes an affiliate program?

76. How are Electronic Checks authenticated?

77. By what name are companies that help websites find advertisers, commonly referred to?

78. What is the term for a company that delivers products to the end client on behalf of the website that sold the product?

79. What is the X.509 standard?

80. What is the name of the 12 digit numeric bar code standard used in supermarkets on grocery items, magazines and over-the-counter medical items.

81. What are JavaCard and MultiOS used for?

82. What is the speed of a T-1 internet connection?

83. What is the purpose of the CVM on the credit card?

84. What does Value Added Network mean?

85. What is a digital signature?

86. What are the general requirements for opening a merchant account in the USA.

87. Which statement is true with regard to 40 bit SSL?

88. Which of the following statements is true with regard to https?

89. Which of the following agencies helps to identify companies with good online business practices?

90. _____ is an important element of creating an effective web presence.

91. A(n) _____ is a gathering place for people and businesses that does not have a physical existence.

92. Application servers are usually grouped into two types: page-based and _____ systems.

93. Content convergence describes convergence in the design, production, and ________ of content.

94. Direct payment of social security benefits is an example of ______ e-commerce.

95. E-commerce sites are able to keep the amount of data entry errors to a minimum ________.

96. In ________ e-commerce, an organization provides information and services to its workers.

97. Mobile commerce (m-commerce) is based on the _____ protocol.

98. Online shopping and online investing are examples of ____.

99. Websites and web pages are stored on servers throughout the world, which are operated by _____.

100. The combination of a protocol name and a domain name is called a(n) _____.

101. When you write an unsolicited cover letter, ________.

102. The opening of a request for recommendation should ________.

103. Above all e commerce is a ________ phenomenon

104. A _____ is a number that summarizes an encrypted information.

105. A barrier to the predictability of costs and revenues of electronic commerce projects is _____.

106. A(n) _____ refers to any symbol executed or adopted for the purpose of authenticating a writing.

107. Another term that is use interchangeably with e-commerce is ____.

108. When compared to traditional commerce ________.

109. Researchers jeffrey rayport and john sviokla refer to the virtual, information world as the _____.

110. ________ refers to the ability to ensure that an e-commerce site continues to function as intended.

111. Online and offline customer contact points are often called _____.

112. The moto sector of the retail industry is most similar to the ________ sector.

113. A _____ is a statement declaring that the seller will not honor some or all implied warranties.

114. Mobile phones that function as credit cards are called _____.

115. The information that a web site can gather about its visitors is called a _____.

116. The most common format used on ebay is a computerized version of the _____ auction.

117. Internet payments for items costing from a few cents to approximately a dollar are called _____.

118. B2b e-commerce comprises about _____ percent of e-commerce volume.

119. The auction site ebay.com is an example of ________ electronic commerce.

120. All of the following are types of e-commerce business except ________.

121. Ebay is an example of a/n ___________ because it sells products over the internet.

122. Warby parker can offer cheaper glasses than their competition because they _______.

123. A _____ is a listing of goods and services.

124. ____ often offer web server management and rent application software to businesses.

125. A ____ generates revenue from the fees charged for matching buyers and sellers.

126. A(n) ________ is a web application that allows users to easily add and edit content on a web page.

127. Buying and selling products via electronic channels such as the internet is called _____ .

128. ____ introduced the value chain concept.

129. A common way that gaps in the marketplace are recognized is ________.

130. Twitter and facebook are both examples of the _____________ internet business model.

131. Personal contact and mass media approaches are often called _____.

132. ______ size is the number of bits the processor can interpret and execute at a given time.

133. Using the _____, e-commerce sites sell digital products and services.

134. Many e-commerce businesses failed in the late 1990s because ________.

135. _____ is the testing and evaluation of a site by its owner to ensure ease of use for site visitors.

136. A(n) _____ is automatically launched by some trigger and appears in front of the active window.

137. One common support activity that underlies multiple primary activities is _____.

138. The _____ element of the marketing mix is the physical item or service that a company is selling.

139. B2b comprises about ________ percent of e-commerce dollar volume.

140. Consumer shopping on the web is often called _____.

141. A(n) _____ occurs when a visitor requests a page from a web site.

142. ________ e-commerce is the online exchange between companies and individual consumers.

143. The _____ of a web site is its ability to keep visitors at the site and attract repeat visitors.

144. Technology-enabled relationship management is often called _____.

145. A greenfield investment is the best choice when ________.

146. E-commerce makes it ____________ to track individuals on the internet.

147. If mpc is 0.9, then the simple multiplier is __________ .

148. If the price level in an economy is 120 and the equilibrium price level is 100, _____.

149. In the _____, an organization uses e-commerce sites to sell digital products and services.

150. Individual consumers use the _____ form of ecommerce to sell to other individuals on the web.

151. Drm refers to a combination of ________ for protecting digital content.

152. Web sites such amazon.com, walmart.com, overstock.com, and bestbuy.com are examples of ____ sites.

153. Around ________ % of households in the united states have broadband access to the internet.

154. In 2017, almost ________ of the u.s. population regularly used the internet.

155. The most popular and fastest growing third-party mobile operating system is _____.

156. Activex controls run only on computers with _____ operating systems.

157. Technology plays ____________ in connecting buyers and sellers together in the b2b market.

158. The ____ command is a powerful enumeration tool included with windows.

159. The ____ option of nmap is used to perform a tcp syn stealth port scan.

160. Union training programs are meant to shift the __________ labor to the __________.

161. The marginal cost of an activity ________ as you do more of it.

162. ____________ fluctuations form a regular (predictable) pattern of economic activity during a year.

163. According to the authors, logic is ___________________.

164. Growth and stability are _________________ economic goals.

165. Economic freedom promotes __________ and __________

166. A______________ is a long term average of economic activity.

167. A great deal of foreign direct investment in ldcs comes from _____.

168. Barring any ____________ market equilibrium quantity is the optimal output.

169. A way to reduce the disparities in wealth between the rich and poor is called a(n) ________.

170. _____ are almost 70% of gdp, while _____ are about 15% of gdp.

171. _____ are another way that the government helps people to afford a place to live.

172. _____ are counted in both the gross domestic product (gdp) and the gross national product (gnp).

173. A person who organizes productive resources to make goods and services is a(n) _____.

174. Active (discretionary) fiscal policy has _______ critics.

175. All production involves the human resource called___________.

176. At a price floor of $750, there is an excess supply of _____ tons of peanuts.

177. At a quantity of 290, marginal benefit equals ______ and marginal cost equals _____.

178. But nearly all supply curves share a basic similarity: they slope _______________.

179. Having broad bands will help ray attract better talent because _________.

180. If an income tax is introduced in this economy, the multiplier _______.

181. If price ___________, a consumer will buy less if nothing else changes.

182. In a perfectly competitive market, the firm is a price taker because ______.

183. The ______________ price ensures that those willing to pay that price will be given the product.

184. The after-tax cost of equity is ________ the pretax cost of equity.

185. The amount of checks or debits listed on the january bank statement is______________.

186. The amount of risk premium desired by most investors is in the range of _____ percent.

187. The annual shortfall when federal revenues are less than expenditures is known as __________.

188. The main factors that determine quantity supplied are price and _____.

189. The monopolist charges a price that is __________ the perfectly competitive industry.

190. The most people live in ________ economies and the fewest people live in ________ economies.

191. The tragedy of the commons occurs because some goods are ________ in consumption.

192. The type of merger most likely to reduce competition in an industry is a(n) __________ merger.

193. Workers who are paid a __________ receive a fixed compensation weekly, biweekly, or monthly.

194. Worries about international competition often lead domestic producers to call for __________.

195. The _____ ushered in agricultural societies.

196. The ___________ notes inflation for a family of four in a city.

197. Eighty percent of all african slaves transported to the americas worked on ________ plantations.

198. Upward growth usually occurs when _______.

199. Rural living was centered around _______ needs.

200. Women earn __________ men in almost every occupation.

201. A monopoly is a _________ firm industry.

202. Whenever one house of congress significantly alters a bill, _____.

203. A second green revolution has been taking place since 1967, based on ____.

204. Without specialization, individuals might spend time producing _________ goods.

205. The output gap is real gdp minus _____ expressed as a percentage of _____.

206. The post hoc ergo propter hoc fallacy is a fallacy in which the arguer _________.

207. The price of televisions decreased, which means the demand for _____ will most likely increase.

208. The overwhelming majority of federal cases are resolved in the ________.

209. The supply of loanable funds is influenced by all of the following except ______.

210. The tax incidence on sellers is higher if ________.

211. The total cost curve shows how _____ cost depends on the quantity of _____.

212. The us national debt is nearing ___________.

213. Traditional economists, as opposed to behavioral economists, assume that ________.

214. Two major b2b models are ________.

215. With the consumption of the third brownie you gain a marginal utility of ___ utils.

216. Banks in the interbank market ________.

217. Benthic organisms in the great lakes ________.

218. Hong kong was a ________ colony during most of the 19th and 20th centuries.

219. Both coca-cola and pepsico have pursued __________ by purchasing some of their major bottlers.

220. _____ has(have) an impact on both aggregate demand and aggregate supply.

221. _____ is a small or moderate change that essentially leaves the system intact.

222. _____ is the amount by which annual tax revenues exceed government expenditures.

223. _____ occurs when two brands receiving equal treatment borrow from each other's brand equity.

224. _____ remain constant regardless of how many products are sold.

225. ______ are more numerous, but ______ sell more goods and services.

226. ______ is the total accumulation of past budget deficits less surpluses.

227. ____ is an ongoing cost of home ownership.

228. ________ is a performance measure of both the efficiency and effectiveness of employees.

229. (figure 5.2) hamburger meat is a(n) _____ good and canned tuna is a(n) _____ good.

230. A cost that is incurred when an actual monetary payment is made is a(n) __________ cost.

231. A demand or supply curve with ______________ would be horizontal in appearance.

232. A firm's ________ describes how a firm will produce a superior return on invested capital.

233. A fixed exchange rate is one that _______. a fixed exchange rate is achieved _______.

234. A good is ________ if it takes even a small amount of time, energy, or money to acquire.

235. A good provides __________ and a bad provides __________.

236. A government intervenes in the marketplace when it believes that the benefits are _____ the costs.

237. As a result, the supply of labor ______ and the demand for labor ______.

238. As income increases, consumption ______

239. If a minimum wage is introduced that is above the equilibrium wage rate, ______.

240. If demand increases, ceteris paribus, market price will be ______ at the new equilibrium point.

241. If large numbers of individuals choose to behave as free riders, ________.

242. If one saves $2,000 out of $10,000 of income then the aps is _________.

243. If we count marginally attached workers as unemployed ______.

244. In a private companys accounting system, inputs are _______________ and outputs are _________.

245. Safety and self-actualization are examples of __________.

246. Stagflation occurs when prices ______ and output ______.

247. Supporters of rent control say that it _____ the price of renting an apartment.

248. The ________ apples will decrease when apple prices rise.

249. The ________ interest rate more accurately reflects the true cost of borrowing.

250. The _________ run considers the intensity of use with a fixed plant size.

251. The geography hypothesis states ____________.

252. The goal of a country with a healthy economy is to have ____________ equal to zero.

253. The merger of two firms producing personal computers is an example of a __________ merger.

254. The north american free trade agreement includes ________.

255. When banks __________________, banks create money as defined by m1.

256. When one commercial bank borrows from another commercial bank, it pays the __________ rate.

257. When we purchase certificates of deposit or bonds, we forgo ________ in exchange for interest.

258. Which of the following is an example of a black market transaction? annie rents an apartment _____.

259. What is _____ is not necessarily _____.

260. Time taken to fix a broken build is measured using ________________.

261. A(n) ________ stock pays a large dividend and is unlikely to experience major appreciation.

262. Yelp assists consumers in their _______ search for information.

263. Government _____ can make safer workplaces. exports taxes regulations

264. Better picture quality is a(n) _____ of a high-definition television.

265. To reference a variable, you use a dollar sign ($) in front of it or enclose it in ____.

266. __________ unemployment results when the demand for labor varies during the year.

267. _____ is a personality trait that represents how sensitive a consumer is to immediate rewards.

268. A consumers perceived current state is also known as his or her _____.

269. The "i'm working for you!" selling technique relies on _____.

270. Consumer _____ refers to the personal, social, and economic significance of a purchase.

271. Consumer tastes and preferences affect prices, because _____

272. Consumers would most likely treat personal computers as ____ products.

273. Which of the following statements describes the big tradeoff? sharing the pie more equally _____ .

274. The social system is best served when each _________ is used in its highest and best use.

275. In a perfectly competitive market, individual consumers have _____.

276. Supporters of rent control state that rent control makes it _____ for people to afford housing.

277. An effective price ceiling is set ________ the market equilibrium price and results in a ________.

278. ______ means that anyone can be dismissed at any time for any reason at all, or for no reason.

279. Civil enforcement powers regarding federal antitrust matters belong to _______.

280. Compared to other pricing methods, __________ pricing is relatively simple.

281. Compared to the use of fossil fuels for generating electricity, wind energy ________.

282. Critics of the monetarist theory, such as keynesians, argue that both v and q are _____________.

283. First developed in the ________, nuclear power showed the most growth during the ________.

284. For the last 100 years, our primary energy source has been ________.

285. Fossil fuels are best described as a(n) ________ energy source.

286. A typical wind farm in the united states consists of __________.

287. A(n) __________ accepts savings and checking account deposits and provides home mortgage loans.

288. A(n) __________ is a legal entity that consists of people who share a common mission.

289. Loosening monetary policy causes interest rates to ____ and consumption and investment to ____.

290. Market share is the ratio of the __________ to those of the industry, including the firm itself.

291. E-commerce websites integrate ____ features into their e-commerce operations to attract visitors.