eCommerce MCQ Questions and Solutions with Explanations | Commerce

All of the following are challenges to online retail except Inability to change prices nearly instantly.

Denial‐of‐service attack floods a Web site with so many requests for service that it slows down or crashes. A denial-of-service (DoS) attack is a type of cyber attack in which a malicious actor aims to render a computer or other device unavailable to its intended users by interrupting the device's normal functioning.

Barriers to entry is an industry strategic factor that relates to whether new entrants face a disadvantage when attempting to enter an industry.

Grid computing harnesses far-flung computers together by way of the Internet or a virtual private network to share CPU power, databases, and database storage.

Products are made to prior to orders received based on estimated demand under a supply-push model. A company's supply chain stretches from the factory where its products are made to the point the products are in customer hands.

Risk management consists of the identification of risks or threats, the implementation of security measures, and the monitoring of those measures for effectiveness. Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

The major impact of Internet real estate sites is in influencing offline decisions..

Risk assessment is the process of evaluating IT assets, their importance to the organization, and their susceptibility to threats, to measure the risk exposure of these assets. A risk assessment is the combined effort of: identifying and analyzing potential events that may negatively impact individuals, assets, and/or the environment; and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors.

Expedia is the largest online travel service. Expedia is one of the fastest growing online travel portals in Asia, offering travellers an extensive selection of hotels, activities and travel services to meet every budget and activities of every kind at competitive rates.

Backup is the process of making a copy of the information stored on a computer. Backup refers to making copies of data so that the copies may be used to restore the original data after a data loss event. Backups are extrememly important for computer management.