The costs incurred when a firm buys on the marketplace what it cannot make itself are referred to as:


The four major types of competitive strategy are:

Information asymmetry exists when:

When a firm provides a specialized product or service for a narrow target market better than competitors, they are using a:

Internet technology:

The Internet raises the bargaining power of customers by:

Cloud computing:


The most successful solutions or methods for achieving a business objective are called:

An information system can enhance core competencies by:

The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached at which the additional inputs produce no additional output. This is referred to as:

Network economics:

In network economics, the value of a commercial software vendor’s software products:

Current technology trends will result in:

The quality of ubiquity, as it relates to e-commerce, is illustrated by:

Which of the following is not a recent development in e-commerce?

What term best describes consumers selling goods and services electronically to other?

Where there is no well understood or agreed-on procedure for making a decision, it is said to be:

The type of decision that can be made by following a definite procedure is called a(n) :