MI0039-MQP With Answer Keys

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SMU MI0039 Model Question Paper and answers.

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  • Sikkim Manipal University DDE

    Master in Business Administration (MBA) Semester IV

    MI0039-E-Commerce - 4 Credits

    Book ID: B1325

    Model Question Paper Answers Keys

    Time: 2 hours Total Marks: 140

    Section A 1 Mark Questions

    Answer all questions. Each question carries 1 mark 50 * 1= 50 Marks

    1. ____________________ is a process of conducting electronic commerce between businesses.

    a. B2C e-commerce b. B2E e-commerce c. B2Ae-commerce d. B2B e-commerce

    2. _______________ is a process of buying and selling of goods or services using

    electronic systems.

    a. e-commerce b. e-banking c. e-networking d. e-marketing

    3. Electronic commerce is based on a common set of required services and standards that allow __________________.

    a. Flexibility b. Interoperability c. Transaction devices d. Legacy systems

    4. __________________is the main place that is used to store and handle the

    information about products or collection of products.

    a. Shopping cart b. Payment gateway c. Online product catalogue d. Merchant account

  • 5. ___________________is a commonly used interface that customers apply to pick products that they want to purchase.

    a. Shopping cart b. Payment gateway c. Online product catalogue d. Merchant account

    6. ____________________is a protected service that moves payment and credit card details from a website to a merchant account assigned by a bank.

    a. Shopping cart b. Payment gateway c. Online product catalogue d. Merchant account

    7. The following are electronic payment systems, except:

    a. PC-Banking b. Credit cards c. Electronic cheques d. Electronic cash

    8. ________________________refers to online transfer of money, which is conducted over the internet.

    a. Debit or prepaid b. Credit or postpaid c. Cash or real time d. Checks or wire transfers

    9. _______________ are one of the financial instruments which are in the form of

    electronic cash or cheques.

    a. Electronic data b. Electronic tokens c. Electronic money d. Electronic cards

    10. The _________________is started by either downloading a file, or by an operator keying data into a computer by following instructions on the screen.

    a. Electronic data interchange process b. Wire transfer process c. Electronic transfer d. Electronic banking

  • 11. The _____________ organisations are mostly specialised in Oracle Applications and Sage Integrated solutions training and support.

    a. e-Marketing b. e- Commerce c. e-business d. e-Enterprise

    12. _________________include all strategic functions of management of the organisation.

    a. Performance functions b. Management functions c. Support functions d. Business functions

    13. ________________ enterprise is a process driven, technology based company, which adopts its own data and knowledge to perform its role.

    a. e-Marketing b. e- Commerce c. e-business d. e-Enterprise

    14. ____________________represent the core business activities and they include manufacturing of products or services.

    a. Performance functions b. Management functions c. Support functions d. Business functions

    15. _______________ is a relationship that exists between a company and the public at large.

    a. B2C e-commerce b. B2E e-commerce c. B2Ae-commerce d. B2B e-commerce

    16. ________________________is a relationship between a company and the public sector.

    a. B2C e-commerce b. B2E e-commerce c. B2Ae-commerce d. B2B e-commerce

  • 17. ____________________include the functions that support performance functions to ensure appropriate functioning of the enterprise.

    a. Performance functions b. Management functions c. Support functions d. Business functions

    18. ____________________ is the communication done in more efficient way in electronic age, via a combination of audio and video technologies.

    a. e-commerce b. e-communication c. e-business d. e-collaboration

    19. ______________________ describes the protocols that are required to have a logical interaction between the computers that are linked by the physical network in e-

    commerce systems.

    a. Logical layer b. Physical layer c. Networking services layers d. Messaging layer

    20. _________________ supplies services on the internet infrastructure and the main service initially was the e-mail service.

    a. Logical layer b. Physical layer c. Networking services layers d. Messaging layer

    21. __________________ is a protocol which helps in providing services that are necessary for many applications.

    a. Application layer b. Internet work layer c. Network layer d. Transport layer

    22. ___________________ looks after IP addressing and domain name service (DNS).

    a. Application layer b. Internet work layer c. Network layer d. Transport layer

  • 23. ________________________ is defined as a connection-oriented transport protocol that transmits data in the form of a stream of bytes.

    a. Transmission Control Protocol b. Internet Control Message Protocol c. Internet Group Management Protocol d. Broadcasting Management Protocol

    24. ____________________ comprises operating system, and graphical user interface

    which facilitate users to have proper interaction with the computer and its peripherals.

    a. Application software

    b. User-written software

    c. Server software

    d. Platform software

    25. ____________________is more frequently brought separately from computer

    hardware.

    a. Application software

    b. User-written software

    c. Server software

    d. Platform software

    26. _____________________ represent the core business activities, and they include manufacturing of products or services.

    a. Management functions b. Support functions c. Performance functions d. Quality functions

    27. __________________ helps in providing the essential service or getting datagrams to their last destination.

    a. Application layer b. Internet work layer c. Network layer d. Transport layer

    28. The typical options for __________ are coordinated by function, product or category, customer or market, etc. to name a few.

  • a. Strategic grouping b. Design procedure c. Functional design d. Conventional design procedure

    29. ________________ is an efficient approach for examining risks and implementing risk controls.

    a. Risk assessment b. Risk analysis c. Risk prioritisation d. Risk identification

    30. _____________________methods are used to minimise the amount of inherent risk.

    a. Risk control b. Risk analysis c. Risk prioritisation d. Risk identification

    31. A/An _________________ is a list or itemised display, as of titles, course offerings, or articles for exhibition or sale, usually including descriptive information or

    illustrations.

    a. Brochure b. Product note c. Pilot catalogue d. Online catalogue

    32. ____________________ is a method to identify and assess factors that may put the

    success of an application at risk.

    a. Risk control b. Risk analysis c. Risk prioritisation d. Risk identification

    33. The _________________ used in e-commerce is a modified catalogue, which is used for internet users.

    a. Brochure b. Product note c. Pilot catalogue d. Online catalogue

    34. _________________ is the process of selling products electronically and moving the products via distribution channels.

  • a. e-Finance b. e-Merchandise c. e-Insurance d. e-commerce

    35. _____________________ is communication by computer transmission- communication by means of transmitted signals.

    a. e-commerce b. e-communication c. e-business d. e-collaboration

    36. ___________________category contains the services that offer specific e-commerce functions, including user validation or credit card payment processing.

    a. Commerce service providers b. Electronic commerce environment c. Server requirements d. Infrastructure services

    37. ______________________is a process of carrying out financial activities via electronic communication and computation.

    a. e-Finance b. e-Merchandise c. e-Insurance d. e-Commerce

    38. _________________ category includes the procedures and frameworks intended to create a favourable business environment.

    a. Commerce service providers b. Electronic commerce environment c. Server requirements d. Infrastructure services

    39. ____________________is also called as Peer2Peer (P2P)

    a. Consumer 2 Business (C2B) b. Business 2 Administration (B2A) c. Consumer 2 Consumer (C2C) d. Business 2 Consumer (B2C)

  • 40. ________________ is a business organisation and with respect to computer industry, e-enterprise is more often used to describe any large organisation that utilizes

    computers.

    a. e-Finance b. e-Merchandise c. e-Insurance d. e-Enterprise

    41. ___________________ are the tools that customers use to get an access to the interactive multimedia contents of e-commerce.

    a. Consumer access requirements b. Local on ramps c. Global institution information networks d. Distribution of scant resources

    42. ______________ level in the internet hierarchy of needs is about the skill to make connections between the documents and sites and its consequent implications.

    a. Organisation needs b. Semantic needs c. Existence needs d. Connectivity needs

    43. ______________________form the infrastructure that connects countries and

    continents.

    a. Consumer access requirements b. Local on ramps c. Global institution information networks d. Distribution of scant resources

    44. __________________ level in internet hierarchy of needs deals with fundamental elements required for the internet to function.

    a. Organisation needs b. Semantic needs c. Existence needs d. Connectivity needs

    45. ________________ is a combination of marketing acumen and technology.

    a. e-commerce b. e-communication c. e-marketing d. e-collaboration

  • 46. A ________________is an essential component for successful online marketing.

    a. High traffic website b. Low traffic website c. Search engine marketing d. Advertising

    47. On the internet, promotion of a business is completely dependent on

    the________________.

    a. Marketing executive b. Business owner c. Marketing managers d. Business illustrators

    48. __________________is the process of achieving the top position or ranking in the listings on the result pages of a search engine after particular key words are typed in.

    a. Search Engine Optimization b. Pay Per Click c. Trusted feed including paid for inclusion d. Search Engine Marketing

    49. The main targets of ________________ websites are viewers who do online shopping.

    a. Community websites b. Information websites c. Corporate websites d. e-Commerce websites

    50. _____________________ represents the plan implemented by the company or an organisation to generate revenue and gain enormous profit from its operations.

    a. Marketing model b. Structured model c. Business model d. Revenue model

    Section-B

    Answer all questions. Each question carries 2 marks 25 * 2 = 50 Marks

    51. _______________ and ___________ are the categories of the electronic payment system.

    a. Electronic cash, electronic debit-card systems

  • b. Smart cards, electronic cheque system c. Credit cards, electronic cash system d. Micro payment, Online credit card payment system

    52. Consider the following statements:

    i. Online marketing includes search engine marketing, article marketing, blog marketing, pay-per-click advertising, and e-mail marketing.

    ii. Electronic collaboration is the most measurable and cost effective marketing strategy.

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    53. Which of the following are the techniques of the search engine marketing for making a company and its products visible?

    1. Search Engine Optimisation 2. Pay per Click 3. Internet marketing 4. Electronic commerce

    a. 2, 3

    b. 1, 2

    c. 3, 4

    d. 1, 4

    54. Identify the following options that are some of the method by which risks can be avoided.

    1. Antivirus protection 2. Risk management 3. Encryption 4. Decryption

    e. 2, 3

    f. 1, 4

    g. 3, 4

    h. 1, 3

    55. Identify the statement that is related to the risk monitoring.

    a. It provides assurance to the site owners that the sites are working properly and no risk has been found out.

  • b. It can be defined as the emergence of reality, the resultant impact on the variables that influence the outcome.

    c. It is about defining the process of how to connect and manage risk management activities for an application.

    d. It is about the methods that are used to minimise the amount of inherent risk.

    56. Consider the following statements: i. A disaster recovery plan helps by providing an organised way to take decisions

    when risk occurs.

    ii. Risk management planning is about defining the process of how to connect and manage risk management activities for an application.

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    57. Which of the following statements explains about the internet based B2B e-commerce?

    a. It describes transactions between businesses, such as between two organisations or between a manufacturer and wholesalers.

    b. It involves all transactions between and among consumers. c. It is an e-commerce business model in which consumers offer products and services

    to companies and the companies pay the consumers.

    d. It is carried out through industry-sponsored marketplaces and through private exchanges, and these are conducted by large companies.

    58. Identify the options that include I-way issues.

    1. Price 2. Connectivity needs 3. Actualisation 4. Subsidies

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    59. Identify the components from the following that includes the logical layer.

    1. Search engines 2. Internet 3. Intranet 4. Software agents

  • a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    60. Consider the following statement:

    i. Exchanging messages and documents between users in e-commerce is the most essential requirement.

    ii. Messaging layer provides the necessary services to e-commerce users to assist in making their transactions easier

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    61. Fill in the blanks:

    i. __________________ is an extension of an intranet to allow access to customers and users outside the company.

    ii. _______________is the process of coding information using an algorithm to make it unreadable to unauthorised users.

    a. (i)Intranet, (ii)decryption b. (i)Internet, (ii)illumination c. (i)Extranet, (ii)encryption d. (i)Firewall, (ii)illustration

    62. Which of the following include the key points of interactive online marketing?

    1. Spam mail 2. E-mail chain letters 3. Mailing newsletters 4. Encourage participation

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    63. Which of the following are the advantages of using EDI?

    1. Reduced time delay 2. Outbound translation 3. Reduced labour cost 4. Communication

  • a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    64. Consider the following statements that are related to EDI.

    i. EDI is difficult to implement because users have to deal with two technologies such as the EDI and the EDI application.

    ii. An EDI system can be distinguished as partially or fully integrated EDI systems.

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    65. Following are the business model that work together in e-enterprise, except.

    1. e-business 2. e-marketing 3. e-sales 4. e-communication

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    66. Which of the following are the characteristics of electronic payment systems that make attractive payment system over the internet?

    1. Authority 2. Privacy 3. Monetary value 4. Storability

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    67. ________________ and ____________________are classified as two types of smart cards.

  • a. Prepaid cards, legal tender b. Credits, wire transfer c. Prepaid, post-paid d. Smart credit cards, electronic purses

    68. Consider the following statements:

    i. All managing credit risk ensures privacy of the customers transactions. ii. An important concern in the net settlement system is credit risk as, failure of the

    bank to settle its net position may lead to continuous failure of the bank.

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    69. A ______________, which is also called as a reciprocal agreement, is an agreement with another company that may have the same computing needs like software,

    hardware, and _____________________.

    a. Security aid agreement, service bureaus b. Risk management agreement, intranet c. Mutual aid agreement, communication network d. Data safety agreement, internal networks

    70. Identify the options that include in the layers of software.

    1. Application layer 2. Development layer 3. User layer 4. Structured layer

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 3

    71. Consider the following statements:

    i. Web server management software is software that is designed to execute on web servers to deal with all the features using a web interface.

    ii. Security helps in detecting the ability of your Web server software to develop, as your web site grows

  • State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    72. Which of the following factors should be considered when selecting server software?

    1. Security 2. Scalability 3. Liability 4. Accessibility

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 2

    73. Identify the options that include the different types of connectivity in internet.

    1. Dial-up internet access 2. Leased line 3. Server access 4. Leased line

    a. 2, 3

    b. 1, 4

    c. 3, 4

    d. 1, 2

    74. Consider the following statements:

    i. Solicited email is an acceptable and widely used marketing practice. ii. In solicited email, messages are sent to people who have already expressed

    interest in receiving information from a company about its goods and services.

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

  • 75. Consider the following statements:

    i. The billboards of the information superhighway are banner ads. ii. The two types of banners are static and dynamic.

    State True or False.

    a. (i)-True, (ii)-True

    b. (i)-False, (ii)-False

    c. (i)-True, (ii)-False

    d. (i)-False, (ii)-True

    Section-C

    Answer all the following questions. (Descriptive questions to be answered in not more

    than 200 words) 10Marks x 4 = 40Marks

    Sl. No.

    Questions Marks

    76. a) Explain about the e-commerce Sales Life Cycle model. (5 marks)

    Refer unit 6, section 6.4

    b) Explain the risks involved in business transaction between trading partners. (5 marks)

    Refer unit 7, section 7.5

    10 Marks)

    77. c) Discuss the different dimensions of risk in e-Commerce system development. (5 marks)

    Refer unit 8, section 8.4, fig 8.1

    d) Explain about the properties of electronic cash. (5 marks) Refer unit 9, section 9.3

    (10 Marks)

    Read the following case study thoroughly and answer the following questions:

    ABC and XYZ both are the tyre manufacturing companies. They manufacture different types

    of tyres for two wheelers, four wheelers, light weight trucks and heavy weight trucks. Both

    companies have their own retail outlets at different places. Comparing with the Company

    XYZ, ABC companys profit is less. But quality wise everything was same as XYZ. While the profit of the ABC company is decreasing, XYZ company was growing very fast with

    good profits. Immediately the company conducted a survey to find out the secret of XYZ

    companys growth. They found two reasons; one of the main reasons was lack of advertisement of the tyres manufactured by ABC. Another reason was restricted access. If

    any customer wanted to buy tyres they had to come to the outlet. However, due to the busy

    life, customers were not showing interest to visit the outlets and buy tyres. Instead the

    customers looked for outlets that gave them the facility of online marketing. This resulted in

    ABC losing its customers and XYZ company making good profits. Therefore, ABC company

    also decided to launch one website to sell tyres online. It took two weeks to get the website

    ready and they provided clear details about tyres price, quality, warranty, sample videos of

    tyres, etc., and most importantly the facility to place an order online.

  • ABC also took the help of the print media to advertise about its tyres. They also provided free

    shipping facility and exchange facility if any tyre turned out to be defective. Gradually the

    sales increased and the profits too.

    Being a little different from XYZ, ABC gave more discounts on online orders than offline

    purchases. With this differentiation, the profits of ABC soared high.

    To answer the questions for this case you should know the concepts of online marketing and

    e-Marketing(unit 11)

    78. a) Discuss about the prevalence of online marketing. Is it a necessity or a trend? (5 marks)

    b) Does e-marketing require other forms of advertisements (electronic and print) or e-marketing in itself is advertisement?

    (5 marks)

    (10 Marks)

    79. c) Discuss the factors that played hindrance to ABCs growth. How did e-marketing help ABC to spring back to business?

    (10 Marks)