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Which of the following involves e-mailing another seller's bidders and offering the same product for less?


A) transaction interception
B) bid siphoning
C) shill bidding
D) persistent bidding

E) A) and B)
F) None of the above

Correct Answer

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Priceline's auctions utilize fixed pricing.

A) True
B) False

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________ is the market leader in C2C auctions.


A) Amazon
B) eBay
C) uBid
D) eBid

E) A) and C)
F) None of the above

Correct Answer

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Which of the following now owns LinkedIn?


A) Facebook
B) Google
C) Microsoft
D) Verizon

E) B) and C)
F) B) and D)

Correct Answer

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Which of the following is a leading social network in Germany?


A) Xing
B) Tuenti
C) Orkut
D) Mixi

E) B) and C)
F) A) and C)

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A

The original portals in the early days of e-commerce were search engines.

A) True
B) False

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WebMD.com is an example of a:


A) general purpose portal.
B) vertical market portal based on affinity group.
C) vertical market portal based on focused content.
D) focused content portal.

E) None of the above
F) A) and D)

Correct Answer

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Which of the following early leaders in social networking has been reinvented as a music-oriented social network?


A) Vevo
B) Myspace
C) Polyvore
D) Tumblr

E) A) and B)
F) None of the above

Correct Answer

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Which of the following statements about Instagram is not true?


A) Instagram trails only Facebook in U.S. ad revenue.
B) Instagram is a social network that focuses on video and photo sharing.
C) Instagram is growing more quickly than Facebook.
D) Instagram users spend more time on Instagram than Facebook users spend on Facebook.

E) B) and D)
F) A) and B)

Correct Answer

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Which of the following allows the consumer to enter a maximum price and the auction software automatically places incremental bids, up to that maximum price, as their original bid is surpassed?


A) watch lists
B) proxy bidding
C) sealed bidding
D) price matching

E) A) and B)
F) C) and D)

Correct Answer

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Which of the following is not one of the top factors a business should consider when planning an Internet auction?


A) type of product
B) type of auction
C) location of auction
D) bid increments

E) All of the above
F) C) and D)

Correct Answer

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Which of the following companies purchased Instagram?


A) Google
B) Apple
C) Facebook
D) Microsoft

E) All of the above
F) A) and B)

Correct Answer

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C

PredictWallStreet is an example of a(n) :


A) interest-based social network.
B) affinity community.
C) sponsored community.
D) practice network.

E) None of the above
F) A) and B)

Correct Answer

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Vertical content portals and affinity group portals tend to be more well-known brands than general-purpose portals.

A) True
B) False

Correct Answer

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Portals are not immune to network effects.

A) True
B) False

Correct Answer

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In 2019, around what percentage of the total United States population used social networks?


A) 50%
B) 70%
C) 60%
D) 80%

E) A) and B)
F) A) and C)

Correct Answer

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BlackPlanet is an example of a(n) ________ social network.


A) practice-based
B) interest-based
C) affinity-based
D) general

E) A) and C)
F) B) and C)

Correct Answer

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More than two-thirds of Internet users worldwide participate in social networks.

A) True
B) False

Correct Answer

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True

Which of the following is not a risk or cost of Internet auctions?


A) delayed consumption costs
B) equipment costs
C) price transparency
D) trust risks

E) C) and D)
F) A) and B)

Correct Answer

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Which of the following is a community of members who self-identify with a demographic or geographic category?


A) practice network
B) sponsored community
C) affinity community
D) interest-based social network

E) None of the above
F) A) and B)

Correct Answer

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