Unique Features of E-Commerce Technology include large increases in information density and the total amount and quality of information available to all market participants. Which item is NOT an effect of increases in information density:Marketplace removed from temporal, geographic locations to become “marketspace”Greater cost transparencyGreater price transparencyEnables merchants to engage in price discrimination

is the total amount and quality of information available to all e-commerce participants, consumers, and merchants, making prices and costs more transparent.

E-commerce has increased price competition in many markets.Group of answer choicesTrueFalse

Which of the following features of e-commerce technology enables merchants to market and sell "complex" goods and services to consumers via marketing messages that can integrate video, audio, and text?Group of answer choicesubiquityinformation densitypersonalizationrichness

Which of the following represents a limiting factor for the growth of eCommerce Question 43Answer a. Ecommerce lacks the convenience of other methods of transacting business b. Persistent cultural attraction of physical markets and traditional shopping experiences c. Inadequate selection of goods compared to physical marketplaces d. The potential audience for eCommerce is too low to support it as a widespread method of commerce

E-commerce is available just about everywhere and anytime. This is known as:Question 5Answera.richness.b.information density.c.ubiquity.d.reach.