8-6
A _____ is about the size of a credit card and contains an embedded microprocessor chip for storing important financial and personal information.
smart card
Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerators if a minimum of 100 buyers agree to buy the product within 24 hours of the offer being announced. In this case, BuyLine is a _____.
group buying platform
Hypersocial organizations should forget information channels and concentrate on:
knowledge networks.
For a business that is properly designing and using a social media information system (SMIS), the SMIS would most likely:
a. decrease Web site traffic.
b. curb hypersocialization in the organization.
c. enable it to develop local area networks within the organization.
d. enable it to share new and dynamic content with customers in real-time.
d. enable it to share new and dynamic content with customers in real-time.
Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically every week. Jack uses _____ as the mode of payment.
e-cash
_____ are community-based marketplaces that enable individuals to communicate directly with each other and conduct e-commerce operations
Peer-to-peer e-commerce platforms
One pillar of hypersociality involves focusing on _____, which is based on group behavioral characteristics
tribes
Identify one component of a social media information system (SMIS) that is not included in other information systems.
User communities
A(n) _____ is the electronic version of a paper check and offers security, speed, and convenience for online transactions
e-check
T or F
Social Web sites provide shopping advice and opinion through chat and forums
True
Hypersocial organizations leverage the power of _____.
online communities
Social media information systems play a major role in fostering _____.
hypersocial organizations
Search engines and directories offer space, companies can purchase for advertising purposes. This process is called _____.
spot leasing
An English major created a website called TheLibrarian.bus. On the site, other students can publish their opinion on several books, from classics to new releases. In what category of social commerce better fits TheLibrarian.bus?
a. Social network
b. Peer-to-peer e-commerce
c. social advice
d. user-curated shopping
c. social advice
Personalization technologies used on Amazon demonstrate the use of _____ centricity.
Human
T or F
Social media information systems facilitate sales for the system's sponsors
True
A supplier of construction materials has worked with checks through post mail for years. Which of the following could be an advantage of changing to e-checks?
a.e-checks are cheaper
b.e-checks are faster
c.e-checks don't need to use a bank
d.e-checks can't be changed for cash
c. e-checks don't need to use a bank
T or F
Social commerce is a type of e-commerce influenced primarily by radio and television advertising.
False
The four pillars of hypersociality describe a return to a _____ for businesses
natural human interaction
Social media information systems facilitate sales for the system's sponsors and help to establish _______________ with their customers.
bonds and loyalties