E-Commerce Vocabulary Exam Questions and Answers Already Passed
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E-Commerce Vocabulary
Institution
E-Commerce Vocabulary
E-Commerce Vocabulary Exam Questions and Answers Already Passed
Dot-Com Business - Answers A company that does almost all of its business activities through the Internet.
Bricks-and-Mortar Business - Answers Businesses that complete most of their business activities at a physical location rather...
E-Commerce Vocabulary Exam Questions and Answers Already Passed
Dot-Com Business - Answers A company that does almost all of its business activities through the
Internet.
Bricks-and-Mortar Business - Answers Businesses that complete most of their business activities at a
physical location rather than through the Internet.
Pixel - Answers One or more dots that act as the smallest unit on a video display screen.
Balance of Trade - Answers The difference in value between a country's imports and exports over a
period of time.
Clicks-and-Mortar - Answers The use of both the Internet and buildings to conduct business.
Comparative Advantage - Answers The ability of a country or company to produce a particular good
more efficiently than another country or company.
Digital Workflow - Answers Links all the steps in a process digitally.
E-Tail - Answers Electronic Retail.
E-Ticket - Answers Electronic ticket.
E-Workforce - Answers Consists of people who work with computers while doing business.
Embargo - Answers A ban on the import or export of a product.
Exchange Rate - Answers The price at which one currency can buy another currency.
Exports - Answers Goods and services that one country sells to another country.
Free Trade - Answers Few or no limits on trade between countries.
Global Economy - Answers The interconnected economies of the nations of the world.
Imports - Answers Goods or services one country buys from another country.
International Trade - Answers The exchange of goods and services between nations.
Multi-channel Retailer - Answers A company that uses several means to sell products.
Multinational Corporation - Answers A company that does business in many countries and has facilities
and offices around the world.
Protectionism - Answers The practice of the government putting limits on foreign trade to protect
businesses at home.
Quota - Answers A limit placed on the quantities of a product that can be imported.
, Start-Up - Answers A newly formed business that is usually small.
Tariff - Answers A tax placed on imports to increase their price in the domestic market.
Trade - Answers The activity of buying and selling goods and services in domestic or international
markets.
Domain - Answers Domain is the name of your company online. It usually ends with a period followed by
three letters. For example, google.com or yahoo.com. Unique Internet address.
Web Hosting Service - Answers Also known simply as host. It's the service of renting a space on
someone's computers that are connected to the Internet all the time. You have to rent this to put the
files that create your virtual store and make it available to the public.
Electronic Shopping Cart - Answers A program that allows you to handle your virtual store. It does many
things, but mainly you need it to organize your products, present them to the clients, and let them buy
them.
Payment Gateway - Answers A program that allows you to receive payments through one or more ways.
You should have at least capability to receive payments through Visa, Master Card and PayPal. Other
ways depend on your market or area. For example, if you have an important quantity of sales in the
USA, you should probably get American Express as well.
PPC/PPA - Answers Two very common ways of paid advertisement on the Internet. PPC stands for "pay
per click", a marketing scheme that pays according to the number of clicks on a button. PPA stands for
"pay per action" and it is similar except that payment is done when a certain action is done; for example,
when a visitor types his or her e-mail.
SEO - Answers One of the most popular e-commerce services there are. It stands for Search Engine
Optimization. It aims at making a website naturally rank higher in search engines such as Google and
Yahoo by using a series of online techniques and processes.
Cell Phone - Answers A wireless telephone based on cellular technology.
To Converge - Answers To come together, to become one thing.
Device - Answers A small mechanical machine or instrument.
To Distribute - Answers To divide among many people or places; to pass out, to hand out.
Distribution - Answers The process of distributing among many people or places; the passing out or
handing out of something.
High Bandwidth - Answers Fast connections (to the Internet).
Modem - Answers A device which transfers information from your computer to a telephone or cable
line.
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