7/4/25, 9:59
PM
MBA 705 exam 2 questions and answers with
complete solutions verified graded a++ 2025/2026
The segment of electronic commerce whereby
Business-to-Business (B2B)
businesses utilize the Internet to solicit transactions
from each other.
Business-to-Consumer The segment of electronic commerce whereby
(B2C) businesses utilize the Internet to solicit transactions
from consumers, also known as e-tailing.
Business-to-Government The segment of electronic commerce whereby
(B2G) businesses utilize the Internet to solicit transactions
from government entities.
The simultaneous application of both electronic
Clicks and Bricks ("clicks") and traditional ("bricks") forms of commerce.
A process whereby firms are having a more difficult
Commoditization time distinguishing their products and services from
those of their rivals.
Consumer-to-Business The segment of electronic commerce whereby
(C2B) consumers utilize the Internet to solicit transactions
from businesses.
Consumer-to-Consumer The segment of electronic commerce whereby
(C2C) consumers utilize the Internet to solicit transactions
from each other.
A society's generally accepted values, traditions,
Culture and patterns of behavior.
1/
8
, 7/4/25, 9:59
PM
E-tailing Another term for B2C.
The decline in unit costs of a product or service that
Economies of Scale occurs as the absolute volume of production
increases.
The systematic collection and analysis of information
Environmental Scanning about relevant macroenvironmental trends.
When one party has information that another does
Information Asymmetry not.
When all parties to a transaction share the same
Information Symmetry information concerning that transaction.
The ability to individualize product and service
Mass Customization offerings to meet specific buyer needs.
Transactions conducted in an entirely wireless
Mobile Commerce environment, such as using a smartphone to both
(M- Commerce) purchase and download an airline ticket or piece of
music.
Contracting out a firm's noncore, non-revenue-
Outsourcing producing activities to other organizations primarily to
reduce costs.
Contractual relationships with enterprises outside
Partnerships the organization.
The unconscious reference to one's own cultural
Self-Reference Criterion values as a standard of judgment.
Concepts and beliefs that members of a society tend
Societal Values to hold in high esteem.
The inability of shareholders to identify the precise
Adverse Selection competencies and personal attributes of top
managers when they are hired.
A situation in which a firms' top managers (i.e., the
Agency Problem "agents" of the firms' owners) do not act in the best
interests of the shareholders.
2/
8
PM
MBA 705 exam 2 questions and answers with
complete solutions verified graded a++ 2025/2026
The segment of electronic commerce whereby
Business-to-Business (B2B)
businesses utilize the Internet to solicit transactions
from each other.
Business-to-Consumer The segment of electronic commerce whereby
(B2C) businesses utilize the Internet to solicit transactions
from consumers, also known as e-tailing.
Business-to-Government The segment of electronic commerce whereby
(B2G) businesses utilize the Internet to solicit transactions
from government entities.
The simultaneous application of both electronic
Clicks and Bricks ("clicks") and traditional ("bricks") forms of commerce.
A process whereby firms are having a more difficult
Commoditization time distinguishing their products and services from
those of their rivals.
Consumer-to-Business The segment of electronic commerce whereby
(C2B) consumers utilize the Internet to solicit transactions
from businesses.
Consumer-to-Consumer The segment of electronic commerce whereby
(C2C) consumers utilize the Internet to solicit transactions
from each other.
A society's generally accepted values, traditions,
Culture and patterns of behavior.
1/
8
, 7/4/25, 9:59
PM
E-tailing Another term for B2C.
The decline in unit costs of a product or service that
Economies of Scale occurs as the absolute volume of production
increases.
The systematic collection and analysis of information
Environmental Scanning about relevant macroenvironmental trends.
When one party has information that another does
Information Asymmetry not.
When all parties to a transaction share the same
Information Symmetry information concerning that transaction.
The ability to individualize product and service
Mass Customization offerings to meet specific buyer needs.
Transactions conducted in an entirely wireless
Mobile Commerce environment, such as using a smartphone to both
(M- Commerce) purchase and download an airline ticket or piece of
music.
Contracting out a firm's noncore, non-revenue-
Outsourcing producing activities to other organizations primarily to
reduce costs.
Contractual relationships with enterprises outside
Partnerships the organization.
The unconscious reference to one's own cultural
Self-Reference Criterion values as a standard of judgment.
Concepts and beliefs that members of a society tend
Societal Values to hold in high esteem.
The inability of shareholders to identify the precise
Adverse Selection competencies and personal attributes of top
managers when they are hired.
A situation in which a firms' top managers (i.e., the
Agency Problem "agents" of the firms' owners) do not act in the best
interests of the shareholders.
2/
8
