Online auctions - Study guides, Class notes & Summaries

O1. Outline FIVE differences between purchasing goods and purchasing services. - ANS 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Explain THREE circumstances in which a competitive tendering exe...

________ is collected data that can be used to identify and locate an individual. - PII ________ is the tendency to gravitate toward, and bid for, auction listings with one or more existing bids. - Herd behavior ________ pricing adjusts prices based on the location of the consumer. - Personalization ________ refers to the ability to ensure that e-commerce participants do not deny their online actions. - Nonrepudiation "Shoppers" constitute approximately ________ % of the online Internet ...

Texas Auctioneer License Part 2 Exam Questions and Solution | Graded A+ Name some persons that are exempt from needing an auctioneer license. - ️️ - 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all property is under...

4 Layers of the Internet - - Network Technology Substrate layer: composed of telecommunications networks and protocols- Transport Services and Representation Standards layer: layer of Internet architecture that houses the TCP/IP protocol- Application Layer: layer of internet architecture that contains client applications.- Middleware Services layer: the "glue" that ties the applications to the communications networks and includes such services as security, authentication,, addresses, and s...

Test Bank For Electronic Commerce 12th Edition By Gary Schneider 7819, 5 . 0480, 5 1: Introduction to Electronic Commerce 2: Technology Infrastructure: The Internet and the World Wide Web 3: Selling on the Web 4: Marketing on the Web 5: Business-to-Business Activities: Improving Efficiency and Reducing Costs 6: Social Networking, Mobile Commerce, and Online Auctions 7: The Environment of Electronic Commerce: Legal, Ethical, and Tax Issues 8: Web Server Hardware and Softwa...

CIPS L4M1 - Question & Answer Past exam questionsO1. Outline FIVE differences between purchasing goods and purchasing services. - correct answer 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Expla...

Chapter 7 - Bargain Shopping ACTUAL Questions and CORRECT Answers Getting the best deal on a purchase involves doing all of the following - CORRECT ANSWER- Having patience, Negotiating, Shopping around to find the best deal Which of the following is typically a good place to find a deal? - CORRECT ANSWER- Online auctions, Consignment shops, Individuals

Texas Auctioneer License-Part 2 Real Test Questions And Correct Answers | Latest Update Name some persons that are exempt from needing an auctioneer license. - ANSWER 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and a...

Name some persons that are exempt from needing an auctioneer license. Correct Answer 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all property is under a security instrument 6. sealed bid auction w/o option to bid again ...

Test Bank For Electronic Commerce 12th Edition By Gary Schneider 7819, 5 . 0480, 5 1: Introduction to Electronic Commerce 2: Technology Infrastructure: The Internet and the World Wide Web 3: Selling on the Web 4: Marketing on the Web 5: Business-to-Business Activities: Improving Efficiency and Reducing Costs 6: Social Networking, Mobile Commerce, and Online Auctions 7: The Environment of Electronic Commerce: Legal, Ethical, and Tax Issues 8: Web Server Hardware and Softwa...