IDIS 344 Exam 2 Test Questions with
Guaranteed Pass Solutions.
5 Ways to Grow Your Business in 2017 - Answer - Strategically Diversify
- Optimize your Logistics
- Make Data-based decisions
- Embrace technology
- Do what you do best
The Five S's - Answer - Source
- Stock
- Store
- Sell
- Ship
What Separates the Customer and Supplier? - Answer The Five S's
Support Services - Answer - Information Technology
- Human Resource Management
- Finance Management
E-Commerce - Answer - Maintaining Business
- Selling Information; Services and Commodities
- By means of Telecommunications Networks
E-Commerce is Typically Referred to As... - Answer The Trading of Good and Services over the
internet.
Historical Dates of E-Commerce - Answer 1948 - X-Change of Business Documents
1971 - 1st Act of E-Commerce. - Drug Deal
1993 - 1st Graphical "Browser" for Accessing WWW.
1995 - Jeff Bezos launches Amazon.com
,2003 - Amazon.com Posts 1st yearly profit
2007 - Apple Introduces iPhone w/ web borwsing
2015 - Global e-Commerce Industry worth 1.1 Billion
When and What was the first act of E-Commerce - Answer 1971, Was a Drug Deal
When was Amazon Launched - Answer 1995 by Jeff Bezos
As of 2015, How much was the E-Commerce Industry Worth? - Answer $1.1 Trillion USD
Top Reasons for Not Providing E-Commerce - Answer - Field supply reps will become upset
- Too hard to get data started
- Customers don't need it
- It is a relationship business, not helped by computer interface
- We've already got an antiquated version
- It's too expensive
- We lack the expertise
- We are too busy
Survey Results of E-Commerce Maturity in Distribution... - Answer - 21% Have no E-
Commerce Platforms.
- 39% Described Their E-Commerce as Transactional-Advanced - (keeps them on page longer,
more likely to buy
more stuff and have a better experience.)
, - 26.7% Described Their E-Commerce as Transactional -
Simple.
- 13.1% Have a Fully Integrated Platform That Focuses on
Thought Leadership, as well as Transactional Elements.
Main Priorities of E-Commerce Distributors - Answer - Increase new customers/orders
- Promote company brand
- Improve customer experience
- Increase efficiency & operational cost savings
- Increase frequency of use & transactions
Five Steps for Starting Successful E-Commerce Business - Answer - Plan for your online
business
- Build your E-Commerce infrastructure
- Deliver big with a well-planned supply chain
- Attract Customers
- Grow your reputation/business
Expense Components for B2B E-Commerce - Answer Understand Total Cost of Ownership
- Acquisition costs, operations costs, cost of integration, implementation costs, marketing costs,
cost of content.
Top Challenges for Upgrading E-Commerce - Answer - Getting consistent data from suppliers
- Uploading accurate product data
Guaranteed Pass Solutions.
5 Ways to Grow Your Business in 2017 - Answer - Strategically Diversify
- Optimize your Logistics
- Make Data-based decisions
- Embrace technology
- Do what you do best
The Five S's - Answer - Source
- Stock
- Store
- Sell
- Ship
What Separates the Customer and Supplier? - Answer The Five S's
Support Services - Answer - Information Technology
- Human Resource Management
- Finance Management
E-Commerce - Answer - Maintaining Business
- Selling Information; Services and Commodities
- By means of Telecommunications Networks
E-Commerce is Typically Referred to As... - Answer The Trading of Good and Services over the
internet.
Historical Dates of E-Commerce - Answer 1948 - X-Change of Business Documents
1971 - 1st Act of E-Commerce. - Drug Deal
1993 - 1st Graphical "Browser" for Accessing WWW.
1995 - Jeff Bezos launches Amazon.com
,2003 - Amazon.com Posts 1st yearly profit
2007 - Apple Introduces iPhone w/ web borwsing
2015 - Global e-Commerce Industry worth 1.1 Billion
When and What was the first act of E-Commerce - Answer 1971, Was a Drug Deal
When was Amazon Launched - Answer 1995 by Jeff Bezos
As of 2015, How much was the E-Commerce Industry Worth? - Answer $1.1 Trillion USD
Top Reasons for Not Providing E-Commerce - Answer - Field supply reps will become upset
- Too hard to get data started
- Customers don't need it
- It is a relationship business, not helped by computer interface
- We've already got an antiquated version
- It's too expensive
- We lack the expertise
- We are too busy
Survey Results of E-Commerce Maturity in Distribution... - Answer - 21% Have no E-
Commerce Platforms.
- 39% Described Their E-Commerce as Transactional-Advanced - (keeps them on page longer,
more likely to buy
more stuff and have a better experience.)
, - 26.7% Described Their E-Commerce as Transactional -
Simple.
- 13.1% Have a Fully Integrated Platform That Focuses on
Thought Leadership, as well as Transactional Elements.
Main Priorities of E-Commerce Distributors - Answer - Increase new customers/orders
- Promote company brand
- Improve customer experience
- Increase efficiency & operational cost savings
- Increase frequency of use & transactions
Five Steps for Starting Successful E-Commerce Business - Answer - Plan for your online
business
- Build your E-Commerce infrastructure
- Deliver big with a well-planned supply chain
- Attract Customers
- Grow your reputation/business
Expense Components for B2B E-Commerce - Answer Understand Total Cost of Ownership
- Acquisition costs, operations costs, cost of integration, implementation costs, marketing costs,
cost of content.
Top Challenges for Upgrading E-Commerce - Answer - Getting consistent data from suppliers
- Uploading accurate product data
