🟦 Multiple Choice Questions (MCQs) – 40 Questions
1. What is an e-marketplace?
a) A physical market
b) An online platform for trading
c) A supermarket
d) A delivery app
✅ Answer: b
2. Which of the following is a type of e-marketplace?
a) Local market
b) National exchange
c) Private marketplace
d) Classified ads
✅ Answer: c
3. What is a marketspace?
a) Offline shopping mall
b) An electronic marketplace
c) Parking space for markets
d) None of the above
✅ Answer: b
4. Which of the following is considered a digital product?
a) Laptop
b) eBook
c) T-shirt
d) Pizza
✅ Answer: b
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5. The front end of an e-marketplace includes:
a) Payment gateway
b) Catalog
c) Search engine
d) All of the above
✅ Answer: d
6. The back end supports:
a) Customer chats
b) Inventory, delivery, payment processing
c) Pop-up ads
d) UI design
✅ Answer: b
7. An electronic storefront refers to:
a) A company's physical store
b) A kiosk
c) A company’s own website for selling
d) A street shop
✅ Answer: c
8. An e-mall contains:
a) A single vendor
b) A physical shopping center
c) Multiple vendors in one platform
d) Product exhibitions
✅ Answer: c
9. Public e-marketplaces are owned by:
a) One single seller
b) Government
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c) Independent third parties
d) Buyers only
✅ Answer: c
10. Portals provide access to:
a) Games only
b) Shopping carts
c) Business info
d) Banking only
✅ Answer: c
11. Which is a commercial portal?
a) LinkedIn
b) Yahoo!
c) Dropbox
d) Google Drive
✅ Answer: b
12. Intermediaries add value by:
a) Controlling prices
b) Creating ads
c) Connecting buyers and sellers
d) Selling only their own products
✅ Answer: c
13. A broker’s job is to:
a) Manufacture products
b) Deliver orders
c) Facilitate transactions
d) Design websites
✅ Answer: c
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14. Infomediaries deal with:
a) Production
b) Physical delivery
c) Information gathering and resale
d) Transport companies
✅ Answer: c
15. Intermediaries help reduce:
a) Wages
b) Search costs
c) Manufacturing cost
d) Product weight
✅ Answer: b
16. E-distributors usually work with:
a) Government
b) Educational content
c) Business buyers and manufacturers
d) Freelancers
✅ Answer: c
17. Disintermediation means:
a) Hiring more workers
b) Reducing middlemen
c) Printing more ads
d) Increasing logistics
✅ Answer: b
18. Reintermediation is the:
a) Ending of internet use
b) Re-establishing intermediaries
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c) Building offline shops
d) Outsourcing production
✅ Answer: b
19. Which of the following is NOT a dimension of e-catalogs?
a) Dynamic content
b) Product variety
c) Customization
d) Integration with processes
✅ Answer: b
20. Search engines help users to:
a) Cook
b) Find products or information
c) Paint
d) Shop offline
✅ Answer: b
21. Shopping carts help in:
a) Parking items
b) Collecting items for checkout
c) Shipping items
d) Comparing prices
✅ Answer: b
22. A forward auction is initiated by:
a) Buyer
b) Seller
c) Bank
d) Government
✅ Answer: b
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23. In reverse auction, the lowest bidder:
a) Loses
b) Wins
c) Waits
d) Withdraws
✅ Answer: b
24. "Name-your-own-price" is used in:
a) B2B
b) C2C
c) C2B
d) B2G
✅ Answer: c
25. E-auctions are limited by:
a) High cost
b) Low fraud risk
c) Low security and trust
d) Overstaffing
✅ Answer: c
26. E-auctions provide:
a) Transparency
b) Limited choice
c) Higher pollution
d) Longer delivery time
✅ Answer: a
27. Online bartering involves:
a) Selling only
b) Buying only
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c) Exchanging goods or services
d) Trading currency
✅ Answer: c
28. Negotiated pricing is mostly used in:
a) Low-cost products
b) Fast food
c) Expensive or custom items
d) Clothing only
✅ Answer: c
29. Mobile computing is possible via:
a) Laptops only
b) Paper-based systems
c) Wireless devices
d) Desktop only
✅ Answer: c
30. M-commerce is:
a) Offline sales
b) Mobile-based e-commerce
c) Government procurement
d) Banking only
✅ Answer: b
31. M-business is:
a) Just m-commerce
b) Broader wireless business environment
c) Telemarketing
d) Offline advertising
✅ Answer: b
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32. LBC (Location-Based Commerce) needs:
a) Paper maps
b) Real-time user location
c) Emails only
d) Credit cards
✅ Answer: b
33. Digital economy allows:
a) Higher cost
b) Higher delay
c) Lower search cost
d) More paper
✅ Answer: c
34. Differentiation is about:
a) Matching competitors
b) Copying products
c) Offering something unique
d) Selling fast
✅ Answer: c
35. Porter’s model analyzes:
a) Programming languages
b) Economic policies
c) Competitive forces
d) Employee skills
✅ Answer: c
36. Build-to-order means:
a) Products are pre-built
b) Custom-built after payment
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c) Bulk storage
d) Store display
✅ Answer: b
37. Real-time manufacturing is:
a) Done before demand
b) Demand-driven in the moment
c) Outsourced always
d) For luxury only
✅ Answer: b
38. EC affects HR by:
a) Printing resumes
b) Training and recruitment online
c) Firing workers
d) Adding paper
✅ Answer: b
39. A major question for managers is:
a) What to cook
b) Should we barter or auction?
c) Sell books only
d) Ban technology
✅ Answer: b
40. EC allows companies to:
a) Avoid customers
b) Increase friction
c) Reach new markets faster
d) Hide product info
✅ Answer: c
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✅ True/False Questions – 40 Questions
1. E-marketplaces only exist in physical form.
❌ False
2. Marketspace involves electronic transactions.
✅ True
3. Digital products can be delivered via the internet.
✅ True
4. The back end includes customer interactions.
❌ False
5. E-malls are online centers for multiple sellers.
✅ True
6. Private e-marketplaces are open to the public.
❌ False
7. Intermediaries connect buyers and sellers.
✅ True
8. Brokers create products.
❌ False
9. Infomediaries provide valuable information.
✅ True
10. Disintermediation removes middlemen.
✅ True
11. Reintermediation adds back useful intermediaries.
✅ True
12. Shopping carts help process orders online.
✅ True
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13. Search engines are used to order food.
❌ False
14. Forward auction starts with a seller.
✅ True
15. Reverse auction favors the highest bidder.
❌ False
16. Name-your-price is a C2B model.
✅ True
17. All e-auctions are risk-free.
❌ False
18. Bartering is exchanging goods without money.
✅ True
19. Negotiated pricing is used for mass-produced goods.
❌ False
20. Mobile computing allows real-time access.
✅ True
21. M-commerce only happens through laptops.
❌ False
22. LBC depends on knowing user location.
✅ True
23. Digital economy has higher search costs.
❌ False
24. Differentiation means copying others.
❌ False
25. Personalization tailors products to customers.
✅ True
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26. Porter’s model helps in competitive strategy.
✅ True
27. Build-to-order means producing after order.
✅ True
28. Virtual manufacturing is not real production.
✅ False
29. HR is unaffected by EC.
❌ False
30. EC can change organizational processes.
✅ True
31. Online portals give access to business data.
✅ True
32. Infomediaries sell physical goods.
❌ False
33. Auctions always have fixed prices.
❌ False
34. LBC is unrelated to mobile commerce.
❌ False
35. E-catalogs help show products digitally.
✅ True
36. EC has no impact on customer service.
❌ False
37. M-commerce is increasing in popularity.
✅ True
38. Paper catalogs are more interactive than e-catalogs.
❌ False
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39. E-auctions can't reach global markets.
❌ False
40. EC requires legal and institutional infrastructure.
✅ True
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