1. What is the difference between e-business and e-commerce? A. E-commerce is a

Question

1. What is the difference between e-business and e-commerce? A. E-commerce is a different name for e-business B. E-commerce is a subset of e-business C. E-business is a subset of e-commerce D. E-commerce has no overlap with e-business E. None of the above 2. Why leaders should care about E-business? A. Because technology is impacting every sector of the economy B. Because every sector takes input and uses technology to drive much of what it does C. Because lots information is digitised thanks to sensors, such as pressure, temperature force, stress etc. D. Physical products and goods though still physical are coming wrapped in data E. None of the above 3. Which of the following is a cost efficiency driver for e-business? A. Increasing speed with which supplies can be obtained B. Increasing speed with which goods can be despatched C. Reduced sales and purchasing costs D. Reduced operating costs E. None of the above 4. What is Innovation? A. Product, Process and Business Model B. People, Process and Product C. People, Product, Process and Business Model D. None of the above 5. What are some of the challenges of digital business: A. Speed B. Revenue models C. Fragmentation of marketing and media techniques D. Losing to competitors E. Customer centricity

Explanation / Answer

Ans:

1) Option B

E-commerce is a subset of e-business

Even though both business processes conducted electronically, e-commerce is a narrower discipline. While e- business includes all business processes conducted online but e-commerce is restricted to buying and selling.  

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