MCQs > IT & Programming > Ecommerce MCQs > Basic Ecommerce MCQs

Basic Ecommerce MCQ

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

Answer

Correct Answer: Social opinion

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

Answer

Correct Answer: Firm's sales revenues or unit sales.

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

Answer

Correct Answer: Fall; increase

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

Answer

Correct Answer: Organization

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

Answer

Correct Answer: Savings and loan association.

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

Answer

Correct Answer: -many very large wind turbines clustered in a region with a low human population

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

Answer

Correct Answer: Nonrenewable

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

Answer

Correct Answer: Fossil fuels

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

Answer

Correct Answer: 1950s; 1970s and 1980s

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

Answer

Correct Answer: Unstable

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

Answer

Correct Answer: Produces no exhaust pollutants and contributes little to global climate change

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

Answer

Correct Answer: Cost-based

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

Answer

Correct Answer: FTC(known as the Federal Trade Commission)

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

Answer

Correct Answer: Employment at will

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

Answer

Correct Answer: Below; shortage

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

Answer

Correct Answer: Easier

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

Answer

Correct Answer: No influence over determining price.

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

Answer

Correct Answer: Input

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

Answer

Correct Answer: Makes it smaller.

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

Answer

Correct Answer: Shoppinge

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21. Consumer tastes and preferences affect prices, because _____

Answer

Correct Answer: Changes in tastes and preferences lead to changes in demand.

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

Answer

Correct Answer: Involvement

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

Answer

Correct Answer: Equity

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

Answer

Correct Answer: Actual state

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

Answer

Correct Answer: Impulsivity

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

Answer

Correct Answer: Seasonal

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

Answer

Correct Answer: Curly brackets ({ })

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

Answer

Correct Answer: Benefit

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

Answer

Correct Answer: Regulations

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

Answer

Correct Answer: External

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

Answer

Correct Answer: Income

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

Answer

Correct Answer: Broken Build Time

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33. What is _____ is not necessarily _____.

Answer

Correct Answer: Unethical, illegal

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

Answer

Correct Answer: In a rental-controlled city, paying $ 1,000 for an extra set of keys

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

Answer

Correct Answer: Liquidity.

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

Answer

Correct Answer: Federal funds

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

Answer

Correct Answer: Make loans

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38. The north american free trade agreement includes ________.

Answer

Correct Answer: North American Free Trade Agreement

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

Answer

Correct Answer: Horizontal.

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

Answer

Correct Answer: Cyclical unemployment.

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41. The geography hypothesis states ____________.

Answer

Correct Answer: Geography is responsible for differences in prosperity.

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

Answer

Correct Answer: None of the above

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

Answer

Correct Answer: Real

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

Answer

Correct Answer: Quantity demanded of

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

Answer

Correct Answer: Lowers

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46. Stagflation occurs when prices ______ and output ______.

Answer

Correct Answer: Rise; falls

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

Answer

Correct Answer: Emotional appeals

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

Answer

Correct Answer: Transactions such as sales, payroll, and other expenses; financial statements

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

Answer

Correct Answer: The unemployment rate rises

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

Answer

Correct Answer: 0.2

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

Answer

Correct Answer: The public good may never be provided

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

Answer

Correct Answer: Higher

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

Answer

Correct Answer: Job-search activity increases

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54. As income increases, consumption ______

Answer

Correct Answer: Increases; slower

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

Answer

Correct Answer: ​decreases; does not change

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

Answer

Correct Answer: Greater than

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

Answer

Correct Answer: Utility; disutility

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

Answer

Correct Answer: Scarce

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

Answer

Correct Answer: Is set by the government or the central bank and is achieved by central bank intervention in the foreign exchange market

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

Answer

Correct Answer: Revenue model

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

Answer

Correct Answer: Infinite elasticity

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

Answer

Correct Answer: Explicit

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

Answer

Correct Answer: Inferior; normal

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

Answer

Correct Answer: Employee productivity

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65. ____ is an ongoing cost of home ownership.

Answer

Correct Answer: Sales taxes

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

Answer

Correct Answer: The public debt

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

Answer

Correct Answer: Sole proprietorships; corporations

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

Answer

Correct Answer: Fixed costs

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

Answer

Correct Answer: Cooperative branding

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

Answer

Correct Answer: The budget surplus

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

Answer

Correct Answer: Mass discontent

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

Answer

Correct Answer: Tax rate reductions

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

Answer

Correct Answer: Forward vertical integration

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

Answer

Correct Answer: British

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75. Benthic organisms in the great lakes ________.

Answer

Correct Answer: Benefit from the presence of zebra mussels

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76. Banks in the interbank market ________.

Answer

Correct Answer: Offer advice on trading strategies

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

Answer

Correct Answer: 5

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78. Two major b2b models are ________.

Answer

Correct Answer: Sell-side marketplaces and e-sourcing

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

Answer

Correct Answer: People think rationally when making decisions

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80. The us national debt is nearing ___________.

Answer

Correct Answer: 20 trillion

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

Answer

Correct Answer: Total; output

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

Answer

Correct Answer: The buyers are more sensitive to price changes than the sellers

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

Answer

Correct Answer: Disposable income and expected future income

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

Answer

Correct Answer: District courts

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

Answer

Correct Answer: Cable services

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

Answer

Correct Answer: Course hero.

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

Answer

Correct Answer: . potential​ GDP; potential GDP

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

Answer

Correct Answer: Unwanted

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

Answer

Correct Answer: Fast-growing rice and wheat

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

Answer

Correct Answer: A conference committee is formed to reconcile the different versions of the bill

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91. A monopoly is a _________ firm industry.

Answer

Correct Answer: One

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92. Women earn __________ men in almost every occupation.

Answer

Correct Answer: Less than

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93. Rural living was centered around _______ needs.

Answer

Correct Answer: All of the above

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94. Upward growth usually occurs when _______.

Answer

Correct Answer: A limited amount of land is available

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

Answer

Correct Answer: Sugar

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

Answer

Correct Answer: CPI

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97. The _____ ushered in agricultural societies.

Answer

Correct Answer: Plow

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

Answer

Correct Answer: Protectionism

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

Answer

Correct Answer: Salary

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

Answer

Correct Answer: Horizontal

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

Answer

Correct Answer: Non-excludable but rival

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

Answer

Correct Answer: Developing; emerging market

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

Answer

Correct Answer: Higher than.

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

Answer

Correct Answer: Costs of productive resources

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

Answer

Correct Answer: The budget deficit

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

Answer

Correct Answer: 3-6

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

Answer

Correct Answer: $954.47

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

Answer

Correct Answer: The same as

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

Answer

Correct Answer: Market-clearing

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

Answer

Correct Answer: It produces only a tiny proportion of the total output of a particular good and buyers are well informed about the prices of other firms.

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

Answer

Correct Answer: Increase

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

Answer

Correct Answer: Decreases

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

Answer

Correct Answer: He will have more flexibility to combine more assignments into a single layer

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

Answer

Correct Answer: Up from left to right

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

Answer

Correct Answer: $0.50, $1.60

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

Answer

Correct Answer: 37 million

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117. All production involves the human resource called___________.

Answer

Correct Answer: Labor

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

Answer

Correct Answer: Many

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

Answer

Correct Answer: Entrepreneur

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

Answer

Correct Answer: Services from an American-owned hospital in Montana

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

Answer

Correct Answer: Rent subsidies

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

Answer

Correct Answer: Personal consumption expenditures; gross private domestic investments

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

Answer

Correct Answer: Policy redistribution

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

Answer

Correct Answer: Externalities

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

Answer

Correct Answer: Multinational corporations

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

Answer

Correct Answer: Business cycle

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127. Economic freedom promotes __________ and __________

Answer

Correct Answer: Innovation . . . competition

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128. Growth and stability are _________________ economic goals.

Answer

Correct Answer: Conflicting

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129. According to the authors, logic is ___________________.

Answer

Correct Answer: Just a science

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

Answer

Correct Answer: Seasonal

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

Answer

Correct Answer: Increases

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

Answer

Correct Answer: Demand curve for; right

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

Answer

Correct Answer: -sS

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

Answer

Correct Answer: Nbtstat

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

Answer

Correct Answer: A critical role

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

Answer

Correct Answer: Windows

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

Answer

Correct Answer: Android.

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

Answer

Correct Answer: 85%

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

Answer

Correct Answer: 45

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

Answer

Correct Answer: B2C

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

Answer

Correct Answer: Technical and legal means

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

Answer

Correct Answer: C2C

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

Answer

Correct Answer: Subscription model

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

Answer

Correct Answer: The quantity supplied would be greater than the quantity demanded

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

Answer

Correct Answer: 10

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

Answer

Correct Answer: Easy

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

Answer

Correct Answer: Adequate facilities in the local market​ aren't available

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

Answer

Correct Answer: Customer relationship management

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

Answer

Correct Answer: Stickiness

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

Answer

Correct Answer: Business-to-consumer

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

Answer

Correct Answer: Visit

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

Answer

Correct Answer: B2C

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

Answer

Correct Answer: 85

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

Answer

Correct Answer: Product

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

Answer

Correct Answer: Training

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

Answer

Correct Answer: Pop-up ad

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

Answer

Correct Answer: Usability testing

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

Answer

Correct Answer: They did not plan for rapid growth and lacked sufficient inventory to fulfill orders

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

Answer

Correct Answer: Subscription model

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

Answer

Correct Answer: Word

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

Answer

Correct Answer: Communication modes

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

Answer

Correct Answer: Community Provider

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

Answer

Correct Answer: When people become frustrated because they can't find a product or service that they need and recognize that other people feel the same way

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164. ____ introduced the value chain concept.

Answer

Correct Answer: Michael Porter

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

Answer

Correct Answer: E-commerce

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

Answer

Correct Answer: Wiki

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

Answer

Correct Answer: Third-party exchange marketplace

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

Answer

Correct Answer: Commerce service providers

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

Answer

Correct Answer: Catalog

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

Answer

Correct Answer: Use the same materials and factories as Luxottica without the licensing fees

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

Answer

Correct Answer: Electronic commerce

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

Answer

Correct Answer: C2B

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

Answer

Correct Answer: Consumer-to-consumer

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

Answer

Correct Answer: 85

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

Answer

Correct Answer: Micropayments

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

Answer

Correct Answer: English

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

Answer

Correct Answer: Clickstream

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

Answer

Correct Answer: Mobile wallets

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

Answer

Correct Answer: Warranty disclaimer

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

Answer

Correct Answer: Online retail sales

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

Answer

Correct Answer: Touchpoints.

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

Answer

Correct Answer: Availability

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

Answer

Correct Answer: Marketspace

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184. When compared to traditional commerce ________.

Answer

Correct Answer: ​e-commerce transactions can save money

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

Answer

Correct Answer: Internal commerce

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

Answer

Correct Answer: Signature

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

Answer

Correct Answer: The rapid changes in underlying technologies

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

Answer

Correct Answer: Message digest

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189. Above all e commerce is a ________ phenomenon

Answer

Correct Answer: Technology driven

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

Answer

Correct Answer: A reminder of who you are

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

Answer

Correct Answer: Require more research than solicited letters.

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

Answer

Correct Answer: Uniform Resource Locator (URL

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

Answer

Correct Answer: ISPs

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

Answer

Correct Answer: E-commerce

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

Answer

Correct Answer: Wireless Application

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

Answer

Correct Answer: Business-to-employee

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

Answer

Correct Answer: By having the buyers enter product information themselves

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

Answer

Correct Answer: Government-to-citizen

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

Answer

Correct Answer: Distribution

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

Answer

Correct Answer: Component-based

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

Answer

Correct Answer: Online community

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

Answer

Correct Answer: Usability

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


Answer

Correct Answer: BBB
Square Trade

Note: This question has more than 1 correct answers

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


Answer

Correct Answer: https uses SSL.

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


Answer

Correct Answer: It must use a 512 bit public key.

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


Answer

Correct Answer: A checking account in a US bank and a verifiable US postal address.

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207. What is a digital signature?


Answer

Correct Answer: It is another name for a Digital Certificate.

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208. What does Value Added Network mean?


Answer

Correct Answer: It is a privately owned network with subscribers paying a fee to use it.

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


Answer

Correct Answer: It insures that the card being used in a purchase is in the possession of its owner.

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


Answer

Correct Answer: 1.54 megabits/second

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211. What are JavaCard and MultiOS used for?


Answer

Correct Answer: They are both specialized operating systems for smart cards.

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212. 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.


Answer

Correct Answer: UPC code

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213. What is the X.509 standard?


Answer

Correct Answer: It is an internationally recognized standard that lays down specifications for Digital Certificates.

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


Answer

Correct Answer: Drop shipper

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


Answer

Correct Answer: Affiliate Networks

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216. How are Electronic Checks authenticated?


Answer

Correct Answer: Authentication of the electronic check is done via digital signatures from a smart card-based device.

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


Answer

Correct Answer: A website promotion tool where a website contracts with other websites for driving visitor to its site.

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218. What is an Automated Clearing House Transaction?


Answer

Correct Answer: An electronic fund transfer through the Federal Reserve Bank from a checking or savings account.

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219. Which of the following best describe Superstitials?

Answer

Correct Answer: Those ads that load behind the website, i.e are visible only when they are totally downloaded and ready to run.

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220. What is the return code of Bad Gateway?

Answer

Correct Answer: 502

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

Answer

Correct Answer: When the customers credit card is charged. It usually occurs after the goods have been shipped.

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

Answer

Correct Answer: User session tracking system.

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

Answer

Correct Answer: Alexa

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

Answer

Correct Answer: No guarantee of return on investment.

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

Answer

Correct Answer: 468 x 60 pixels

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

Answer

Correct Answer: It must use a 1024 bit public key.

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

Answer

Correct Answer: Cost per sale.

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228. What is the ANSI X12 standard?

Answer

Correct Answer: It is an EDI standard.

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229. What is SHA?

Answer

Correct Answer: Secure Hash Algorithm.

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

Answer

Correct Answer: Cost per thousand banner impressions.

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

Answer

Correct Answer: An organization that focuses on speeding up an internet companys development from start-up to an established organization.

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

Answer

Correct Answer: Rules used while transferring files from one computer to another computer

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

Answer

Correct Answer: E-check

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234. What are smart cards?

Answer

Correct Answer: They are plastic cards with an embedded microchip that can be loaded with data.

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

Answer

Correct Answer: Industry gap

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

Answer

Correct Answer: Network

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

Answer

Correct Answer: Extensible Business Reporting Language or XBRL

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238. What does EDI stand for?

Answer

Correct Answer: Electronic Data Interchange.

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239. What is a Certificate Revocation List?

Answer

Correct Answer: A list of certificates that have been revoked by the certifying authority.

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240. 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?

Answer

Correct Answer: True

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

Answer

Correct Answer: Extranet

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242. Who developed the SSL protocol?

Answer

Correct Answer: Netscape.

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243. What does a digital certificate contain?

Answer

Correct Answer: Public key, subject, purpose, issue date, expiry date etc.

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

Answer

Correct Answer: All of the above statements are true.

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

Answer

Correct Answer: Address Verification System.

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246. What does the term EDIFACT stand for?

Answer

Correct Answer: Electronic Data Interchange For Administration, Commerce and Transport.

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247. 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.

Answer

Correct Answer: Banner rotator

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248. 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?

Answer

Correct Answer: Value chain

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249. What is TRUSTe?

Answer

Correct Answer: A consortium that provides certifications to secure web sites as a mark of good quality.

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

Answer

Correct Answer: 40 bit SSL uses a 40 bit RC4 secret key.

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

Answer

Correct Answer: SSL works with TCP/IP, IPX/SPX, NetBeui and several other protocols.

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

Answer

Correct Answer: Future implementations of EDI are likely to be XML based.

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

Answer

Correct Answer: 56 bits.

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254. What does InterNIC stand for?

Answer

Correct Answer: Internet Network Information Center.

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255. 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.

Answer

Correct Answer: Tunneling

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

Answer

Correct Answer: Above the fold

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

Answer

Correct Answer: The percentage of the total transaction amount that the bank will usually deduct prior to transferring your deposit into your bank account.

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258. How is advertising cost calculated using CPM?

Answer

Correct Answer: The number of banner impressions divided by 1000.

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

Answer

Correct Answer: Cookies

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

Answer

Correct Answer: All of the above

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

Answer

Correct Answer: Cost per click.

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262. What is Mondex?

Answer

Correct Answer: A smart card based payment system backed by Mastercard.

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263. What are affiliate programs?

Answer

Correct Answer: A system whereby a site can earn revenue by redirecting surfers to another site.

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

Answer

Correct Answer: They are Certifying Authorities.

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265. Which formats are supported for storing digital certificates?

Answer

Correct Answer: X.509 with DER encoding or X.509 with Base64 encoding or PKCS.

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

Answer

Correct Answer: 504

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267. 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?

Answer

Correct Answer: Chargeback

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

Answer

Correct Answer: A number used to identify companies

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

Answer

Correct Answer: False

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

Answer

Correct Answer: It is a combination of Organization, Organization Unit, Country and Common Name.

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

Answer

Correct Answer: Signing emails and buying items using SET.

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272. What are Micropayments?

Answer

Correct Answer: Payments of very small denominations that are difficult to collect with the usual payment systems

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273. What does OBI stand for?

Answer

Correct Answer: Open buying on the internet.

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274. What is spoofing?

Answer

Correct Answer: Creating an illegitimate site that appears to be published by an established organization.

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

Answer

Correct Answer: Developing EDI standards.

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

Answer

Correct Answer: 45 megabits/second

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

Answer

Correct Answer: All of these statements are true.

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278. What is OBI?

Answer

Correct Answer: A standard technical specification designed to facilitate open commerce on the Internet.

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279. How does AVS work?

Answer

Correct Answer: The cardholders address and ZIP Code provided at the time of the transaction are compared to the address as registered with the cardholders card issuing bank.

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

Answer

Correct Answer: It is a device that allows merchants who have internet access to take orders over the phone or mail and manually enter credit card information without the need for an internet storefront.

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

Answer

Correct Answer: VISA and Mastercard.

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

Answer

Correct Answer: They are likely to be used for Ecommerce in the near future through smart card readers which attach to the PC.

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

Answer

Correct Answer: Developing and maintaining the EDI standards used within the US.

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

Answer

Correct Answer: Click through rate.

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285. 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.

Answer

Correct Answer: Gateway

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286. What does SET stand for?

Answer

Correct Answer: Secure Electronic Transaction.

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

Answer

Correct Answer: Clickstream

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

Answer

Correct Answer: B2B

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

Answer

Correct Answer: Email id

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

Answer

Correct Answer: Doorway page

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291. What does SWIFT stand for?

Answer

Correct Answer: Society for Worldwide Interbank Financial Telecommunication.

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