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This set of E-Commerce Multiple Choice Questions & Answers (MCQs) focuses on E Commerce Set 21

Q1 | Debit card is used for
  • On line transactions
  • Off line transaction
  • Both (a) and (b)
  • None of the above
Q2 | ……………………. card is a card with a built-in chip capable of storing information in itsmemory
  • Debit
  • Credit
  • Smart
  • None of the above
Q3 | Applications of smart card are:
  • Government
  • Identification
  • Health care
  • All the above
Q4 | ……………………………is an application of smart card
  • ATM
  • Telecommunication
  • Transportation
  • None of the above
Q5 | EFT is a computer based system
  • True
  • False
  • none
  • all
Q6 | EFT is
  • Electronic Fund Transfer
  • Electrical fund transfer
  • Electronic fast transfer
  • None of the above
Q7 | …………….cards and ………….cards are two ways to make payments on a web site
  • Debit and smart
  • Credit and debit
  • Credit and smart
  • None of the above
Q8 | ……………………….allows the transfer of money itself
  • Digital cash
  • Electronic money
  • Both (a) and (b)
  • None of the above
Q9 | E-money has…………….types
  • 3
  • 4
  • 5
  • 6
Q10 | Paisapay is facilitated in………………
  • Amazon.com
  • eBay.co.in
  • Flipkart.com
  • None of the above
Q11 | The way to hide digital information is through……
  • Cryptography
  • Digital certificate
  • Digital signature
  • None of the above
Q12 | Main models of internet based payment system are:
  • Electronic currency
  • Credit card
  • Debit card
  • All the above
Q13 | ……………………..card is a model of IPS
  • Smart
  • Debit
  • Credit
  • All the above
Q14 | Payment systems via the internet include
  • Cyber cash
  • First virtual
  • Both (a) and (b)
  • None of the above
Q15 | ………………………cards directly transfer funds from consumers bank account to themerchant’s
  • Debit
  • Credit
  • Both (a) and (b)
  • None of the above
Q16 | Credit cards ……………. convenient for making small purchases
  • Are
  • Are not
  • Both (a) and (b)
  • None of the above
Q17 | ACH is
  • Acid consistency house
  • Automated clearing house
  • Automated consistency house
  • None of the above
Q18 | Google.com is an example of a:
  • Destination site
  • Portal
  • Search engine
  • None of the above
Q19 | Currency used in e-business transactions around the world
  • Dollars
  • Rupees
  • None of the above
  • All the above
Q20 | ________ is an example of an auction site
  • e-bay
  • Ibibo
  • Facebook
  • Orkut
Q21 | What items are traded in e-business
  • Consumer durables
  • Pharmaceutical products
  • Industrial goods
  • All the above
Q22 | Once segments have been identified, organizations need to define how best to position their online services relative to competitors according to four main variables: product quality, service quality, and fulfillment time. Which variable is missing?
  • After sales service
  • Brand perception
  • Customer value
  • Price
Q23 | What could be an implication for an organization if an e-business strategy is not clearlydefined?
  • Clear direction of e-business strategy
  • Effective integration of e-business at a technical level
  • Greater opportunities from evaluation of opportunities
  • None of the above are applicable
Q24 | Before developing any type of strategy, a management team needs to agree the process they will follow for generating and then implementing the strategy. A framework that gives a logical sequence to follow to ensure inclusion of all key activities of an ebusiness strategic development is generally known as:
  • An E-channel strategy
  • E- business stratification process
  • A strategy process model
  • Multi-channel e-business strategy
Q25 | The approach by which applications of internal and external electronic communications can support and influence strategy is a definition of:
  • Corporate Strategy
  • E-channel strategy
  • E-business strategy
  • E-business responsibility