ExamVeda
Login
Home

eCommerce MCQ Questions and Solutions with Explanations | Commerce

eCommerce MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. eCommerce MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-4 section-1

Each section contains 100 MCQs on eCommerce .
31
Which of the following is not a horizontal portal?
Discuss
Answer & Solution
Answer: Option C
Solution:
Sailnet is not a horizontal portal. Specialized website (portal) that serves as an entry point to several firms in the same industry or to the same type of suppliers.
32
What are materials used in production in a manufacturing company or are placed on the shelf for sale in a retail environment?
Discuss
Answer & Solution
Answer: Option A
Solution:
Direct materials used in production in a manufacturing company or are placed on the shelf for sale in a retail environment.
33
A situation where there are no differences among products or services, and the only basis of choosing products is price is known as _________.
Discuss
Answer & Solution
Answer: Option D
Solution:
A situation where there are no differences among products or services, and the only basis of choosing products is price is known as commoditization. Commoditization refers to the process of making something into a commodity. A commodity is a fundamental good used in commerce that is interchangeable with other commodities of the same type.
34
What are materials that are necessary for running a modern corporation, but do not relate to the company's primary business activities?
Discuss
Answer & Solution
Answer: Option B
Solution:
Indirect materials are necessary for running a modern corporation, but do not relate to the company's primary business activities.
35
A strategy designed to compete in all markets around the globe is called a _________ strategy.
Discuss
Answer & Solution
Answer: Option A
Solution:
A strategy designed to compete in all markets around the globe is called a scope strategy. Strategic scope refers to the products and services a company plans to offer over a specific period, and indicates where and to which target markets they will be sold.
36
What is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left?
Discuss
Answer & Solution
Answer: Option C
Solution:
Reverse auction is the process in which a buyer posts its interest in buying a certain quantity of items, and sellers compete for the business by submitting successively lower bids until there is only one seller left.
37
Which of the following is not one of the stages of the development of the Internet?
Discuss
Answer & Solution
Answer: Option C
Solution:
Globalization is not one of the stages of the development of the Internet. Globalization is the spread of products, technology, information, and jobs across national borders and cultures. In economic terms, it describes an interdependence of nations around the globe fostered through free trade.
38
What are plastic cards the size of a credit card that contains an embedded chip on which digital information can be stored?
Discuss
Answer & Solution
Answer: Option D
Solution:
Smart cards are plastic cards of the size of a credit card that contains an embedded chip on which digital information can be stored. A smart card, chip card, or integrated circuit card (ICC) is a physical electronic authorization device, used to control access to a resource.
39
In 1961, __________ published a paper on "packet switching" networks.
Discuss
Answer & Solution
Answer: Option A
Solution:
In 1961, Leonard Kleinrock published a paper on "packet switching" networks. Kleinrock convinced Roberts of the theoretical feasibility of communications using packets rather than circuits, which was a major step along the path towards computer networking.
40
Most individuals are familiar with which form of e‐commerce?
Discuss
Answer & Solution
Answer: Option B
Solution:
Most individuals are familiar with B2C form of e‐commerce. B2C eCommerce refers to the process of selling to individual customers directly.