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. The north american free trade agreement includes ________.

Answer

Correct Answer: North American Free Trade Agreement

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

Answer

Correct Answer: Horizontal.

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

Answer

Correct Answer: Cyclical unemployment.

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40. The geography hypothesis states ____________.

Answer

Correct Answer: Geography is responsible for differences in prosperity.

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

Answer

Correct Answer: None of the above

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

Answer

Correct Answer: Real

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

Answer

Correct Answer: Quantity demanded of

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

Answer

Correct Answer: Lowers

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45. Stagflation occurs when prices ______ and output ______.

Answer

Correct Answer: Rise; falls

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

Answer

Correct Answer: Emotional appeals

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47. 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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48. If we count marginally attached workers as unemployed ______.

Answer

Correct Answer: The unemployment rate rises

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

Answer

Correct Answer: 0.2

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

Answer

Correct Answer: Higher

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

Answer

Correct Answer: Job-search activity increases

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53. As income increases, consumption ______

Answer

Correct Answer: Increases; slower

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

Answer

Correct Answer: ​decreases; does not change

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

Answer

Correct Answer: Greater than

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

Answer

Correct Answer: Utility; disutility

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57. 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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58. 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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59. A demand or supply curve with ______________ would be horizontal in appearance.

Answer

Correct Answer: Infinite elasticity

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

Answer

Correct Answer: Explicit

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61. (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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62. ________ is a performance measure of both the efficiency and effectiveness of employees.

Answer

Correct Answer: Employee productivity

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63. ____ is an ongoing cost of home ownership.

Answer

Correct Answer: Sales taxes

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

Answer

Correct Answer: The public debt

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

Answer

Correct Answer: Sole proprietorships; corporations

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

Answer

Correct Answer: Fixed costs

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

Answer

Correct Answer: Cooperative branding

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

Answer

Correct Answer: The budget surplus

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

Answer

Correct Answer: Mass discontent

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

Answer

Correct Answer: Tax rate reductions

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

Answer

Correct Answer: Forward vertical integration

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

Answer

Correct Answer: British

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73. Benthic organisms in the great lakes ________.

Answer

Correct Answer: Benefit from the presence of zebra mussels

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74. Banks in the interbank market ________.

Answer

Correct Answer: Offer advice on trading strategies

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

Answer

Correct Answer: 5

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76. Two major b2b models are ________.

Answer

Correct Answer: Sell-side marketplaces and e-sourcing

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

Answer

Correct Answer: People think rationally when making decisions

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78. The us national debt is nearing ___________.

Answer

Correct Answer: 20 trillion

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

Answer

Correct Answer: Total; output

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80. 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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81. 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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82. The overwhelming majority of federal cases are resolved in the ________.

Answer

Correct Answer: District courts

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

Answer

Correct Answer: Cable services

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

Answer

Correct Answer: Course hero.

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

Answer

Correct Answer: . potential​ GDP; potential GDP

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

Answer

Correct Answer: Unwanted

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

Answer

Correct Answer: Fast-growing rice and wheat

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88. 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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89. A monopoly is a _________ firm industry.

Answer

Correct Answer: One

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90. Rural living was centered around _______ needs.

Answer

Correct Answer: All of the above

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91. Upward growth usually occurs when _______.

Answer

Correct Answer: A limited amount of land is available

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

Answer

Correct Answer: Sugar

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

Answer

Correct Answer: CPI

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94. The _____ ushered in agricultural societies.

Answer

Correct Answer: Plow

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

Answer

Correct Answer: Protectionism

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

Answer

Correct Answer: Salary

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

Answer

Correct Answer: Horizontal

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

Answer

Correct Answer: Non-excludable but rival

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

Answer

Correct Answer: Developing; emerging market

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

Answer

Correct Answer: Higher than.

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

Answer

Correct Answer: Costs of productive resources

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

Answer

Correct Answer: The budget deficit

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

Answer

Correct Answer: 3-6

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

Answer

Correct Answer: $954.47

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

Answer

Correct Answer: The same as

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

Answer

Correct Answer: Market-clearing

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

Answer

Correct Answer: Increase

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

Answer

Correct Answer: Decreases

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

Answer

Correct Answer: Up from left to right

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

Answer

Correct Answer: $0.50, $1.60

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

Answer

Correct Answer: 37 million

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114. All production involves the human resource called___________.

Answer

Correct Answer: Labor

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

Answer

Correct Answer: Many

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

Answer

Correct Answer: Entrepreneur

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117. _____ 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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118. _____ are another way that the government helps people to afford a place to live.

Answer

Correct Answer: Rent subsidies

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119. _____ 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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120. 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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121. Barring any ____________ market equilibrium quantity is the optimal output.

Answer

Correct Answer: Externalities

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

Answer

Correct Answer: Multinational corporations

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

Answer

Correct Answer: Business cycle

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124. Economic freedom promotes __________ and __________

Answer

Correct Answer: Innovation . . . competition

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125. Growth and stability are _________________ economic goals.

Answer

Correct Answer: Conflicting

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126. According to the authors, logic is ___________________.

Answer

Correct Answer: Just a science

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

Answer

Correct Answer: Seasonal

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

Answer

Correct Answer: Increases

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

Answer

Correct Answer: Demand curve for; right

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

Answer

Correct Answer: -sS

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

Answer

Correct Answer: Nbtstat

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

Answer

Correct Answer: A critical role

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

Answer

Correct Answer: Windows

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

Answer

Correct Answer: Android.

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

Answer

Correct Answer: 85%

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

Answer

Correct Answer: 45

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

Answer

Correct Answer: B2C

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

Answer

Correct Answer: Technical and legal means

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

Answer

Correct Answer: C2C

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

Answer

Correct Answer: Subscription model

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141. 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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142. If mpc is 0.9, then the simple multiplier is __________ .

Answer

Correct Answer: 10

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

Answer

Correct Answer: Easy

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

Answer

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

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

Answer

Correct Answer: Customer relationship management

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

Answer

Correct Answer: Business-to-consumer

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

Answer

Correct Answer: Visit

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

Answer

Correct Answer: B2C

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

Answer

Correct Answer: 85

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

Answer

Correct Answer: Training

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153. 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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154. _____ 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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155. 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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156. Using the _____, e-commerce sites sell digital products and services.

Answer

Correct Answer: Subscription model

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

Answer

Correct Answer: Word

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

Answer

Correct Answer: Communication modes

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

Answer

Correct Answer: Community Provider

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160. 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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161. ____ introduced the value chain concept.

Answer

Correct Answer: Michael Porter

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

Answer

Correct Answer: E-commerce

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

Answer

Correct Answer: Third-party exchange marketplace

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

Answer

Correct Answer: Commerce service providers

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

Answer

Correct Answer: Catalog

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

Answer

Correct Answer: Electronic commerce

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

Answer

Correct Answer: C2B

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

Answer

Correct Answer: Consumer-to-consumer

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

Answer

Correct Answer: 85

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

Answer

Correct Answer: Micropayments

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

Answer

Correct Answer: English

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

Answer

Correct Answer: Clickstream

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

Answer

Correct Answer: Mobile wallets

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

Answer

Correct Answer: Online retail sales

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

Answer

Correct Answer: Touchpoints.

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

Answer

Correct Answer: Availability

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

Answer

Correct Answer: Marketspace

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181. When compared to traditional commerce ________.

Answer

Correct Answer: ​e-commerce transactions can save money

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

Answer

Correct Answer: Internal commerce

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

Answer

Correct Answer: Signature

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184. 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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185. A _____ is a number that summarizes an encrypted information.

Answer

Correct Answer: Message digest

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186. Above all e commerce is a ________ phenomenon

Answer

Correct Answer: Technology driven

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

Answer

Correct Answer: A reminder of who you are

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

Answer

Correct Answer: Require more research than solicited letters.

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

Answer

Correct Answer: ISPs

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

Answer

Correct Answer: E-commerce

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

Answer

Correct Answer: Wireless Application

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

Answer

Correct Answer: Business-to-employee

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

Answer

Correct Answer: Government-to-citizen

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

Answer

Correct Answer: Distribution

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

Answer

Correct Answer: Component-based

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198. 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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199. _____ is an important element of creating an effective web presence.

Answer

Correct Answer: Usability

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


Answer

Correct Answer: https uses SSL.

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202. 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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203. 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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204. What is a digital signature?


Answer

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

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205. 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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206. 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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207. What is the speed of a T-1 internet connection?


Answer

Correct Answer: 1.54 megabits/second

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208. What are JavaCard and MultiOS used for?


Answer

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

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209. 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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210. 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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211. 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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212. By what name are companies that help websites find advertisers, commonly referred to?


Answer

Correct Answer: Affiliate Networks

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213. 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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214. 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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215. 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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216. 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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217. What infrastructure is required to implement an affiliate program?

Answer

Correct Answer: User session tracking system.

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

Answer

Correct Answer: Alexa

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219. 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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220. 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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221. What does CPS stand for in the context of internet advertising?

Answer

Correct Answer: Cost per sale.

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

Answer

Correct Answer: E-check

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224. 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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225. 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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226. What does EDI stand for?

Answer

Correct Answer: Electronic Data Interchange.

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227. 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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228. What does a digital certificate contain?

Answer

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

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

Answer

Correct Answer: Address Verification System.

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230. 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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231. 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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232. 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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233. 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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234. 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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235. 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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236. 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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237. What steps can be taken to prevent hackers from sabotaging your web site?

Answer

Correct Answer: All of the above

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

Answer

Correct Answer: Cost per click.

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239. 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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240. 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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241. 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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242. 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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243. What is spoofing?

Answer

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

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

Answer

Correct Answer: Developing EDI standards.

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

Answer

Correct Answer: 45 megabits/second

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246. 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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247. 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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248. 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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249. 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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250. 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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251. 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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252. A page made specifically to rank well in search engines for particular keywords is called?.

Answer

Correct Answer: Doorway page

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