Wednesday, September 25, 2019

BU480 Lesson 1 Exam SCORE 100 PERCENT

Online Exam 1
Question 1
The rise of the __________ period started with the launch of Amazon.com in 1995 and continued until 2000.
Question options:

Internet

crash

synergy

grassroots of e-business
Question 2
The __________ stage of a technological revolution takes place right after a new technology is introduced to the market.
Question options:

crash

frenzy

synergy

irruption
Question 3
In the context of e-business strategies, the concept of __________ deserves special attention because many Internet start-ups that ended up in bankruptcy at the end of the Internet boom years did not pay enough attention to this issue.
Question options:

value creation

strategy formation

competitive analysis

innovation
Question 4
The e-business strategy framework consists of all of the following EXCEPT:
Question options:

strategy formulation.

strategic analysis.

strategy implementation.

market exploitation.
Question 5
Within organizations, we typically recognize the following three different levels of strategy. Which of the following is NOT one of these strategies?
Question options:

Operational

Corporate-level

Differentiation

Business unit
Question 6
__________ deals with the facilitation of transactions and selling of products and services online.
Question options:

Mobile commerce

E-marketing

E-business

E-commerce
Question 7
__________ refer(s) to a firm's ability through IT and the Internet to turn resources into valuable products or services.
Question options:

E-Innovations

E-Development

E-Capabilities

E-Synergies
Question 8
The Internet can change __________ insofar as suppliers, manufacturers, distributors, retailers, and customers can interact in new and different ways.
Question options:

industry structure

industry value chains

firm value chains

competitive relationships
Question 9
The goal of __________ strategy is to achieve (long-term) success by building up one or more sources of competitive advantage.
Question options:

Internet

e-business

synergistic

market exploitation
Question 10
The most recent and unstoppable trend in globalization of business and economic interdependence is:
Question options:

mobile commerce.

social media.

e-business.

the Internet.
Question 11
The most common online retail business models include all of the following EXCEPT:
Question options:

virtual merchants.

bricks-and-clicks retailers.

kiosk merchants.

manufacturer-direct retailers.
Question 12
The overall goal of developing an e-business strategy is to:
Question options:

lower transaction costs.

achieve economies of scale and scope.

increase customer value.

succeed in using the Internet as an enabler for achieving a competitive advantage.
Question 13
The second stage of a technological revolution is:
Question options:

the "gilded age."

synergy.

irruption.

the "golden age."
Question 14
Before the Internet became a widely used platform for conducting e-business transactions, companies were already using other information and communication technologies (ICT) infrastructures. These included all EXCEPT:
Question options:

electronic data interchange (EDI).

customer relationship management (CRM).

public IT platforms.

inter-organizational information systems (IOS).
Question 15
__________ developed the five-stage model of technological revolutions.
Question options:

H. Mintzberg

C. Perez

M. Porter

B. Arthur
Question 16
__________ strategy, also known as functional-level strategy, deals with how to implement the business unit strategy with regard to resources, processes, and people.
Question options:

Operational

Corporate-level

Implementation

Divisional
Question 17
Carlota Perez defines a(n) __________ as a "powerful and highly visible cluster of new and dynamic technologies, products and industries, capable of bringing about an upheaval in the whole fabric of the economy and of propelling a long-term upsurge of development."
Question options:

technological revolution

deployment period

installation period

competitive advantage
Question 18
__________ deal(s) with the overall plan for deploying the resources that a firm possesses.
Question options:

E-commerce

Tactics

Differentiation

Strategy
Question 19
Firm __________ can be directly affected by e-commerce through its potential impact on how the business performs various business processes such as warehousing, manufacturing, sales, and customer support.
Question options:

technological support systems

profitability

value chains

competitive advantage
Question 20
Which of the following is NOT one of the three strategic issues that are highly relevant to e-business companies?
Question options:

The company's internal strengths and weaknesses

The internal organization of an e-business venture

Relationships with suppliers

Customers and users




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